The only price that matters is what a ready, willing and able buyer will spend. A professional market analysis is needed on your home to help you determine a list price to draw out the ready, willing and able buyers. A market analysis primarily looks at comparable homes not only on your street but within a reasonable proximity. A sampling of current homes for sale and those that have recently sold that are similar to yours primarily in style, age and square footage. It's not an exact science which is why a market analysis should be done by an agent with experience in selling homes in your area and knows the market. Because pricing is subjective, sellers should never become "married" to their list price. It's a number used to help draw out potential qualified buyers. Again, the only price that matters is what a ready, willing and able buyer will spend for your home.