Advice needed on pricing of rental to sell to tenants

[Sharon Rosendahl]

My tenant has asked if I would sell my rental unit. I am willing to do this and am wondering what I should ask. The market analysis that a realtor did for me says $259k is listing price. I don't feel this is out of line for this house. If I sold to the tenant I would save the realtor fee but have legal cost for doc prep by a lawyer.

I wouldn't risk a long wait on the market although this market is moving pretty quickly if you price reasonably. This type of house is the type that sells since many of the houses in town are either really old and needing a lot of work or really large pricing normal people out. It is a small town (1100 people) with a mix of everything. The block the house is on is a good one and it is located close to the schools, city park, restaurants, bars, PO, and market.
 Since it is about 5 hrs from home, it would prevent me having to take a week off of work to do stuff like painting, cleaning the yard etc that comes with selling a house that is in good condition and just needs sprucing up. How much should I discount off the CMA? Thanks