Hi Kay, Pricing is a combination of your assessment of the market and what you need to charge to make it worth your while. When I started 3 years ago, I looked at comparable places in my area. In my marketplace there is a high season related to the excellent weather, special events with more visitors than accommodations and summer...desert heat when nobody comes 😄
Some host need to factor in mortgages and other fixed expenses and other hosts just need to look at the market and their time. You have to make it worth your while, right?
Air BNB has a Smart Pricing option that looks at comparable listings and demand and suggests pricing. Many hosts do not like this feature and do not use it as they think it is too low. Most of us overrate our place because we put so much effort and resources into it, but like any product or service, the market will let you know.
When you first start, keep the price a bit below market so you will appeal to a wider group and you will get your reviews. Be careful about being too low as some bargain hunters do not make good guests.
Hope my thoughts help. Keep coming back to the Community Center. There is a wealth of information here.