When we're talking about pricing your home, I will give you my recommendations based on how much I think a buyer is likely to pay for your house in the current market.

But... in the end... you can price your home however you want.  It's your house.  Though, there's a catch... you need to be comfortable still owning it if it doesn't sell.

Let's think about a few examples...

If recent comparable sales are hovering around $350K and you want to list for $375K, no problem... but that might not result in a buyer making an offer on your home.  So long as you are comfortable with the possibility of not securing a buyer for your home, it's certainly OK to price your home at $375K... or even $400K.

When I prepare a market analysis of your home, I will be trying to pinpoint a price (or a range) that recent home sales point to as a price current buyers will be likely to pay for your home.  

But, it's fine to round up on that price to get to a higher list price... again... so long as you are comfortable continuing to own the home if it doesn't sell.

Sometimes the answer is yes, I'm comfortable with still owning the home. Maybe you're not in a rush. Maybe you'd rather wait for a buyer to (hopefully) pay your price rather than take less.

But sometimes the answer is no... and that's when starting off with too high of a price can be detrimental.  When a house sits on the market too long (in a price range and location where homes usually sell faster) potential buyers start to wonder why nobody wants to buy your home, even if you later decide to drop the price.  

So, my pricing advice is just that... advice... but we should talk things through related to the ramifications of potential list prices before we finalize a price for your home.

Because at the end of the day, it will be the market (buyers making offers or not making offers) that will decide what your house is worth... not the listing price. The listing price often just determines how long it is likely for that sale to take place.