Your starting asking price should rest on similar completed sales, not a model estimate alone. I'll help you sort through those reference points so the decision reflects your home's details rather than a townwide number.
For Chanhassen single-family homes, condos, townhouses and apartments, the latest market report lists the typical asking price among homes listed for sale at $544,725. The typical sale price was $600,000. The estimated value of a typical home was $559,510. These property estimates come from a valuation model and are not formal appraisals.
Asking prices and completed sale prices describe listed and sold groups, so their difference does not establish a pricing gap for your home. I give completed sales priority when discussing a defensible asking price, while considering competing listings separately. An ambitious starting price requires careful judgment; a model estimate cannot resolve differences in condition, size or features.
Prepare a list of improvements and unresolved repairs so we can assess which differences matter in comparisons with similar homes. Review recent sales of similar homes with me, then examine competing listings without treating their asking prices as completed results. Agree on what feedback and comparable sales would prompt a pricing review after your home is listed.
