There are many factors which go into pricing a home.
The neighborhood/location is a factor, as is the homes condition. You need to compare homes within the same neighborhood and compare the condition of the homes. If a home has been updated with high-end finishes it will be priced higher than the same size home with no updates, or with lower-end updates.
The best advice I have for you is to find a good Buyer Agent to help you with the process. In most cases, having a Buyer Agent help you with your purchase will not cost you. We do this everyday and can guide you through the process.
If you would like to discuss further, just give me a call, 608-770-1140.
Sincerely, Donna Hermsen ABR (Accredited Buyer's Representative)