When you are ready to sell your $485,000 house, don't list it for $485,000, but list it for $485,111. You may net an extra $1100. See this blog entry in Bostonglobe.com.
A higher price may actually net you more! There is some solid research behind this. Researchers at Cornell University found that people perceive specific numbers (such as $485,111) as being smaller than rounded numbers (such as $485,000). As a consequence, they were willing to pay a price closer to the specific number (because it seemed smaller) than to the rounded number.
You can download the research report here:
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