Choosing an asking price deserves more than a townwide reference point. I suggest starting with similar completed sales, then examining how your home's condition and features support the price you have in mind.
For Franklin's single-family homes, condos, townhouses and apartments, the latest market report puts the typical sale price at $827,500. The typical asking price among homes listed for sale was $1,025,000. The estimated value of a typical home was $967,250. That estimate comes from a valuation model and is not a formal appraisal.
I would use completed sales to anchor our pricing discussion, while treating competing asking prices as context rather than proof of value. Asking prices and sale prices describe different groups, so their difference does not establish a discount. Your home's specific characteristics deserve more attention than choosing whichever townwide figure best matches your expectations.
Prepare a list of improvements and unresolved repairs so we can review condition without overlooking important details. Review recent sales of similar homes with me, focusing on size, condition, features and location. Consider competing listings separately, then choose an asking price you can explain through those comparisons.
