Hi Mike, Good question, but hard to answer without seeing the property. Much like Anna's answer, it really does depend on exact location, property size, condition, upgrades, etc. I highly suggest talking with a Realtor to find comps on previous sales and what's currently on the market. Working with a Realtor is so much more than just looking at homes. You have someone on your side, negotiating and helping you make an informed decision. A Realtor can explain the difference in working with a selling agent or a buying agent and the responsibilities of each and how they are different.