Ryan, like the other 2 stated, as a buyer's agent, I would run a market analysis that not only includes what similar houses sold for, but also take into consideration what the prices are of the competition that is for sale right now. Are similar houses listed higher or lower than the particular house you are looking at, how do they compare, have you gone through them? Those are all questions that I would answer with my buyer. I use an appraiser's value sheet that shows how much one item is valued over another when comparing home prices.
Once we have an idea of what the market range is (notice I said "range") then you ask yourself one thing: is this "the one", are you willing to lose it to another buyer? By market range, I mean yes, we can come up with an exact number for market value, but realistically it's a range. Obviously a buyer wants it at the lowest part of the range (or below the range) and the seller wants it sold at the higher end of the range or above the range. If you are looking to buy this as a "home" and not an "investment property", as long as you buy within the range (or below), you come out a winner. I firmly believe you will know the house when you walk in, and it's my job to educate you on the pros and cons of the home, area, market value, and then negotiate the best possible price for you without you losing the home.
Home prices are going up, so that's great news as you look to sell your home, but that also means you may end up competing against other buyers on your next home purchase. I do work full-time, and have been helping buyers and sellers for 15 years. Feel free to call, text, or email me with any questions! 418-7117, firstname.lastname@example.org