How Much Does It Cost to Sell a House in Edmonton?
A clean, seller-first breakdown of what gets deducted from your sale proceeds—plus a simple way to estimate your net before you list.
Direct answer: Edmonton sellers usually pay Realtor compensation, legal fees, and mortgage payout costs (if they have a mortgage). Many sellers also spend money on cleaning, small repairs, and moving. Your exact total depends on your agreement, lender terms, and home condition, so estimate net proceeds before listing.
Ask your lender for a written payout statement and your lawyer for a sale quote.
Realtor compensation and what’s included is defined by your listing agreement.
Budget for cleaning and small repairs that remove buyer doubt and prevent price drops.
Realtor compensation depends on your listing agreement and service level.
Legal fees and normal closing disbursements.
Mortgage penalties and closing adjustments if you don’t plan early.
Want this calculated for your exact home? Get Free Home Value.
What gets deducted from your sale proceeds?
When your home sells, your lawyer prepares a statement of adjustments. This is where your sale price gets reduced to your “net.”
Common deductions sellers see
- Realtor compensation (per your signed listing agreement)
- Legal fees and standard disbursements
- Mortgage payout (balance + interest to payout date + any penalty if applicable)
- Property tax adjustment (you pay your share up to the closing date)
- Condo fee adjustment (if applicable)
- Utility/rent adjustments (if the property is tenanted or prepaid items exist)
AlbertaSell tie-in: We estimate your net proceeds early so there are no surprises.
Next step: Request a net estimate.
Main cost categories (and how to estimate each)
The goal is not to guess. The goal is to get your exact numbers before you list. Use this grid as your checklist.
| Cost category | How to get the exact number | What changes it |
|---|---|---|
| Realtor compensation | Review the listing agreement terms (and what’s included) | Service scope, price band, marketing plan, property type |
| Legal fees | Ask your lawyer for a written quote including disbursements | Condo files, title complexity, rush timelines, special documents |
| Mortgage payout | Request a payout statement from your lender (in writing) | Fixed vs variable, term remaining, payout date, penalty type |
| Closing adjustments | Your lawyer calculates them (taxes, condo fees, rent, etc.) | Closing date, prepaid items, tenancy terms |
| Prep & repairs | Do a 30-minute walk-through and list “buyer doubt” items | Condition, age, paint/flooring, curb appeal, winter access |
| Moving/storage | Get a mover quote (or plan DIY costs) | Distance, timing, stairs/elevator, storage duration |
Fast way to build a real budget (no guessing)
- Ask your lender for a written payout statement.
- Ask your lawyer for a written sale quote.
- Confirm Realtor compensation and what’s included.
- Add a small buffer for prep and moving.
AlbertaSell tie-in: We bundle this into one seller plan with comps + net estimate.
Next step: Get a home value plan.
Closing adjustments (what they are and why they matter)
Adjustments are not “extra fees.” They are fair math. They make sure each party pays their share up to the closing date.
| Adjustment | What it means | Why sellers should plan for it |
|---|---|---|
| Property taxes | You pay taxes up to the closing date; buyer pays after | If taxes are unpaid or prepaid, it changes your net |
| Condo fees (if applicable) | Fees are prorated by date | Timing of closing can affect the adjustment amount |
| Rents / deposits (if tenanted) | Rent and deposits are adjusted and transferred | Landlord documents must be clean and consistent |
| Utilities / prepaid items | Sometimes prepaid services are adjusted | Not always large, but can surprise when unplanned |
AlbertaSell tie-in: We plan closing dates and terms to reduce surprises.
Next step: See the selling plan.
Mortgage payout costs (where sellers get surprised)
If you have a mortgage, your lender’s payout statement is the truth. Get it early—before you choose a closing date.
What a payout statement usually includes
- Mortgage balance
- Interest to the payout date
- Any penalty (depends on your terms)
- Other lender-related charges (varies by lender)
Seller tip that saves stress
Ask your lender: “If I close on two different dates, what changes?” Timing can matter.
AlbertaSell tie-in: We help structure dates and terms around your real net.
Next step: Request a net estimate.
Prep and moving costs (spend where it protects your price)
The best prep is the prep that prevents “buyer doubt.” Doubt leads to lower offers or longer time on market.
High-impact prep items (often)
- Deep cleaning and decluttering
- Bright lighting and small cosmetic fixes
- Touch-up paint where wear is obvious
- Entry and winter access (shovel, salt, lighting)
What to skip (often)
- Over-custom renovations right before listing
- Projects that delay listing with low buyer payoff
AlbertaSell tie-in: We turn prep into a short, prioritized checklist.
Next step: Ask for a prep plan.
Quick estimate: net proceeds planner
This is a simple planner. For an accurate estimate, request your home value plan and we’ll map it to current comps.
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Estimated selling costs: —
Want a real net estimate using comps and your lender payout statement? Get Free Home Value.
FAQ: Cost to sell a house in Edmonton
Who pays closing costs in Alberta when selling a home?
Usually the seller pays their legal fees and mortgage payout costs (if applicable). Buyers usually pay their own legal fees and closing costs. The lawyer’s statement of adjustments shows the final breakdown.
Are Realtor fees negotiable in Edmonton?
Realtor compensation is set by your signed listing agreement. Different service models exist. Compare what’s included and how the plan protects your price and timeline.
What costs are deducted from sale proceeds?
Common deductions include Realtor compensation, legal fees, mortgage payout amounts, and closing adjustments like property taxes or condo fees. Your lawyer provides the official statement.
How do I get exact numbers before I list?
Get a written mortgage payout statement from your lender, a written quote from your lawyer, and confirm Realtor compensation terms. Then estimate prep and moving. AlbertaSell can map this into a net estimate with current comps.
Do I have to pay capital gains tax when selling my home?
It depends on whether the property is a principal residence or an investment property and your personal situation. Confirm with a tax professional for your case.
Next best step
Get a home value plan and a net estimate built around current comps, your timeline, and your real costs.
General info only; not legal, financial, or tax advice. Confirm fees and terms with your lawyer and lender.