Home Sale Profit Calculator

Estimates only — your contract, lender's disclosure and tax situation govern. List With Agent is not a real estate brokerage. We are an independent marketing and referral service that connects home sellers with licensed real estate agents. This page is general educational information, not legal, financial, or real estate advice.

How it works

Profit = sale price − original purchase price − capital improvements − selling costs (commission + closing costs). This is pre-tax; use the capital gains calculator to estimate federal tax on the gain.

Frequently asked questions

How do I calculate profit from selling my house?

Subtract what you originally paid, the cost of capital improvements, and your selling costs from the sale price. The result is your pre-tax profit.

Are capital improvements different from repairs?

Capital improvements are permanent upgrades that add value or extend the home's life, such as a new roof or an addition. Routine repairs and maintenance are generally not added to basis.

Is profit the same as net proceeds?

No. Profit accounts for what you originally paid and improvements; net proceeds are the cash you receive after the mortgage payoff and selling costs.

Will I owe tax on the profit?

Often not, thanks to the Section 121 exclusion of up to $250,000 single / $500,000 married filing jointly. Use the capital gains calculator for an estimate.