Start with Zillow and Trulia to get the final price of recently sold homes 3 to 6 months ago. Narrow the homes sold to a 6 block radius of the area where you want to buy at.

If you are looking for a 3 bedroom house, make sure the home sold also has 3 bedrooms. If looking for 2 bathrooms, make sure the home sold also has 2 bathrooms. Compare apples to apples.

Once you have the price ranges figured out of homes sold 3-6 months ago, work with a real estate agent to complete the whole picture of local home prices. When you see houses for sale, you can start thinking of reasonable prices to offer as bids instead of solely dismissing a house for listing with an extremely high price. The knowledgeable home buyer will always have an edge over a home buyer who hasn’t done their fair share of research.

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