The Phoenix Exit Guide
What you’d actually keep from selling your Phoenix home — and what it buys you next.
Change either one and the number above moves with it. Everything further down is a smaller adjustment to these.
Empty means we’re using that median. This one line is half of how wide your range is.
Your payoff, not your balance — it includes interest to the closing date. Owned outright? Put 0.
Your sale, line by line
Every box below is empty on purpose. Beside each one is a Phoenix estimate, and while a box is empty that estimate is what your number is built from — which is why you already have an answer above.
Fill in a box and that line becomes yours, and the range at the top gets narrower. Work down the list and it keeps tightening. You do not have to do all of them — the first few are worth far more than the rest.
Will you owe tax on your gain?
Most sellers owe nothing — the IRS lets you exclude a large amount of the profit on a home you've lived in. But Phoenix values have moved a long way, and some long-time owners are over the line without knowing it.
This tool deliberately doesn't work it out for you. What you'd owe turns on your basis, your bracket, how long you lived there and details of your return — that is your accountant's work, not a web form's. Go straight to the source:
- IRS Topic 701 — Sale of Your HomeThe exclusion and who qualifies, in plain language.
- IRS Publication 523 — Selling Your HomeThe full detail, including how to work out your basis.
One thing worth doing before you list either way: find your basis — what you paid plus every capital improvement since, the roof, the kitchen, the pool, the addition. Those raise your basis and shrink the gain, and almost nobody has the receipts unless they go looking.
Your numbers, as a PDF
Everything you’ve filled in, written out properly — the sort of thing you’d want to put in front of a spouse, or read again in three months.
- Your worksheet — every line, and which ones are still estimates
- Your comparison — whichever path you picked above
- The six weeks before you list, in the order that matters
- Every assumption used, so your accountant can argue with it
Estimates only — not a quote, an appraisal, or tax advice. Every assumption is shown above and editable. Figures reflect Phoenix-metro estimates as of [date]. Jeff Sutherlin is a licensed Arizona real estate agent — [licence, brokerage]. Equal Housing Opportunity.