Homes located in a neighborhood with a diverse housing stock will be more difficult to price. The market value of a property is the price a willing and able buyer will pay. To accurately price your home, you first need to determine the likely market value for your home by comparing your home to other similar homes in your neighborhood that have recently sold. By objectively comparing your home to the others, you can determine how much a buyer will be likely to pay. Buyers determine market price, not sellers.
Sellers often have a difficult time being objective.
To look objectively at your home, you need to put yourself in the buyer's shoes and look at your home from a buyer's perspective. One good reason for hiring a real estate professional is to get help with important decisions like selecting the list price for your home. Then put your trust in this person and follow his or her advice about how best to maximize the return on your investment. Property condition is almost as important as pricing. Buyers pay more for homes that are in move-in condition.