You’re ready to sell, and now you’re asking the big question: “How much can I sell my house for?”
Crunching all the numbers takes time, so we’ve put together a handy calculator to help estimate your net proceeds: the sale price minus the selling costs. This way, you’ll know precisely how much you stand to gain from your home sale.
How much can I sell my house for calculator
Net proceeds breakdown
Net Proceeds = Sale Price – Selling Costs
Your final sale price doesn't determine how much money you walk away with from your home sale (your net proceeds).
You'll need to subtract your mortgage payoff if you don't own your home outright. You'll also need to factor in the costs of selling a house, like realtor commissions, closing costs, repairs, and relocation expenses — which could add up to more than $50,000.
Here's a breakdown of the components that determine your net proceeds.
Sale price
The sale price is the actual amount the buyer pays for the home, and it’s often different from the list price.
For example, you might list your home at $449,000 based on its fair market value. Buyers will likely offer less, and negotiations could lower the final sale price to $442,000.
Selling costs
Sellers are often surprised by the additional expenses of selling a home. These are the costs you’ll want to account for.
Mortgage payoff
When you ask, “How much can I sell my house for?,” you'll want the answer to cover your mortgage payoff. This is the amount needed to pay off a mortgage loan fully. It includes the outstanding principal, accrued interest, and any owed fees or charges.
The mortgage payoff clears the debt on the property and lets your lender release the home to the new owner. This amount will vary depending on how long you’ve owned your house and how much of your mortgage has been paid off leading up to the sale.
Listing agent commission
You'll pay your listing agent a commission for their work marketing and selling your home. The average real estate commission fee for a listing agent is around 3%. So, if your house sells for $400,000, you’ll owe your listing agent about $12,000.
A good way to save on the listing agent fee is to work with a low-commission agent. These realtors provide the same full services but at a lower rate.
If you don't have an agent yet, you can use our free service to connect with top-performing local realtors who charge only 1.5%, which could save you $6,000 on a $400,000 home sale.
Closing costs
Both buyers and sellers pay closing costs, but the seller’s share typically comes from the sale proceeds. The seller’s closing costs are about 1–2% of the property’s sale price, so $4,000–8,000 on a $400,000 sale.
Common seller closing costs include:
- Transfer taxes and recording fees: 0–1% of sale price
- Owner’s title insurance: 0.1–0.5% of sale price
- Escrow fees: $500–3,000
- Attorney fees: $800–1,500
- Property taxes: Varies
- HOA fees: Varies
Only some states require a real estate attorney at closing. Also, buyers may negotiate for you to pay their closing costs, which would be about 2–6% of their loan amount.
Seller concessions
A seller credit or concession is money the seller offers a buyer at closing. These concessions can range from 2–9% of the home’s sale price and can make your property more attractive to buyers.
Common seller concessions include:
- Buyer's agent fee
- Closing costs
- Property repairs
- Home warranty
- Home appraisal and inspection fees
- Mortgage discount points
- Title insurance
- Attorney fees
Repairs, staging, and other prep
The cost of preparing your home to sell will depend on how much work is needed. Ideally, you’ll recoup these expenses with the net proceeds of your sale. There are some important repairs to make before selling your house, and a realtor can help you determine what’s worth the time and money.
Major repairs, which could cost $150–8,200, range from fixing small plumbing issues to replacing the roof. Minor housework is often more manageable and affordable — fresh paint is about $200–1,000 per room, and new flooring costs $3–22 per square foot, depending on the material. Landscaping typically ranges from $50–700.
It costs an average of about $1,800 to stage your home, but this can vary based on the service you need. Simple organizing can be $600–800, while renting furniture can cost $500–600 monthly per room. While this is a pricey investment, it could pay off. The Real Estate Staging Association (RESA) found that staging homes can boost the sale price by nearly $70,000.
Relocation expenses
Be sure to factor relocation expenses into your listing price, too. These will vary depending on how far you’re moving and how much stuff you have. For instance, local movers typically have an hourly rate ($50–200), while cross-country movers factor in time and distance. Shipping a vehicle can add anywhere from $150–600 to the cost.
According to Allied, you’ll pay an average of $1,400 for a local move, $3,500 for a long-distance move, and $7,800 for a cross-country move. Moving yourself can be just as costly, as truck rentals average $100 a day. Portable storage containers can cost $400–700 locally or as much as $4,500 for long-distance relocations.
