Here are a couple questions I would ask:
1) What price point are you trying to sell at, and what is the listing history like for Eden Prairie currently? A Realtor could analyze this and tell you how long it will take to sell, and what the current market looks like.
2) This plays into the rental situation, which may be the most important part to analyze. Will the renters still be in the home while you sell it, or are you going to try and sell with them in it? Our answers to question #1 may play into your decision. Also, generally it is tougher to sell a home with tenants because you are required to give them 24hr. notice for showings. This hurts show-ability of the home since most buyers, and their agents, will request one within 6 hours the same-day.
You also have to rely on the tenants to keep the home clean, and present it at its best. If the home is dirty during showings that will hurt your bottom line.
3) You are preparing the home for sale, but have you sought out any professional advice from a Realtor and/or stager? Prepping the home is my #1 topic with sellers when listing a home. I work with buyers every day showing homes, so I tend to think I have a pretty good idea of what they like in homes and more importantly what they don't.
It does not have to be thousands of dollars many things are small; but they can make a huge impact on your bottom line.
4) Does it effect you selling now versus the spring? In other words, are there any external variables that makes selling in November make more sense than waiting?
There are some more items we would discuss during a listing appointment but these are the big ones. From there it is just a matter of deciding if you will make more money waiting till spring, and if the overall selling situation is better for you.
What I can say Diane is that you are in a good zip code that has done nicely this year as far as price improvements go. However, overall the market for the past 2 months has been moving towards a more "balance" market. Inventory has been rising while pendings are down. My personal opinion is that 2015 will still see a very small price gain (1 to 3%), but for the majority of markets in the twin cities it will be even.
But spring is a long way from now, and from a sellers standpoint we are heading in the wrong direction. Timing the market without very concrete evidence (like we had for 2013 & 2014) can backfire. All I can say in summary is that if you sell now it is definitely at the top of the market where you will enjoy the price gains that happened over the summer.
I hope this helps. I would love to talk more with you about all of these and answer any questions you have Diane. Feel free to get in contact with me and good luck on the home selling!
I always recommend checking out our past client testimonials on Trulia (our profile pages). It is a great way for you to get to know us Realtors.