Once you’ve taken all these factors into account, you should be able to come up with a market range within which to sell. The number will depend on your home’s features and functionality, how you prepare the home, and the current competitive landscape. If you do your research properly, the approximate value of your home should become very clear.
Once you know that, you can employ different pricing strategies depending on your desired outcome. You can price your home a little under the market, right at the market, or over the market. A knowledgeable realtor should be able to help with the best course of action for your situation. For more info on that step, stay tuned for my next post on pricing.
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These posts are part of my “Demystifying Pricing for Sellers” series: