Deciding List Price in Austin – tips?

This is my first time selling a home and we are going on the market next week. We took out a HELOC on our home a month ago and it appraised for $800K per the bank. Our realtor is recommending we list at $800K, but our next door neighbor who sells new homes for Brookfield said that’s way too low and that we should list for $900K based on sales activity she’s seeing and said our realtor is just trying to sell it quickly not necessarily for the best price. I checked comps and based on 2 recent sales in our neighborhood it should be listed somewhere between $833K-$870K, although our home has some nice features that the other two homes don’t have that our neighbor thinks would make our house sell for more.

Our home is a 2016 build and has a lot of upgrades and we obviously want to make sure we are not leaving money on the table, but I also know that if we overprice it our home could sit on the market which I’m worried could make it look like there’s something wrong with it.

I checked Zillow for our zip code 78738 and there really are not many comps because most homes in our zip are $1M or more.

How do we know whose advice to take about list price to make sure we don’t leave money on the table but also don’t over list and scare away potential buyers?

submitted by /u/Valuable-Question935
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This is my first time selling a home and we are going on the market next week. We took out a HELOC on our home a month ago and it appraised for $800K per the bank. Our realtor is recommending we list at $800K, but our next door neighbor who sells new homes for Brookfield said that’s way too low and that we should list for $900K based on sales activity she’s seeing and said our realtor is just trying to sell it quickly not necessarily for the best price. I checked comps and based on 2 recent sales in our neighborhood it should be listed somewhere between $833K-$870K, although our home has some nice features that the other two homes don’t have that our neighbor thinks would make our house sell for more. Our home is a 2016 build and has a lot of upgrades and we obviously want to make sure we are not leaving money on the table, but I also know that if we overprice it our home could sit on the market which I’m worried could make it look like there’s something wrong with it. I checked Zillow for our zip code 78738 and there really are not many comps because most homes in our zip are $1M or more. How do we know whose advice to take about list price to make sure we don’t leave money on the table but also don’t over list and scare away potential buyers? submitted by /u/Valuable-Question935 [link] [comments]

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