I agree with sdr, make an offer of what you think it is worth and move on to something else if the seller plays hardball. If they don’t want to reduce the price now, they may want to later so it doesn’t hurt to express your interest in the house or they might end up selling it to someone else for what you were willing to pay. If you are going to lowball, then have your agent justify your offering price using comparable sales. I am seeing a good number of houses in this price range selling for substantially under the list price so you have a decent shot at a successful lowball.
