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Home Purchase Cost Analysis

True cost breakdown for your home · Manitoba

Cost Breakdown
House Price$629,900
Land Transfer Tax$10,248
Legal / Lawyer Fees$1,800
Title Insurance$350
Home Inspection$500
Registration Fees$180
Property Tax Adj.$1,200
Closing Costs Breakdown

Breakdown of $14,278 in closing costs beyond the house price

Land Transfer Tax$10,24871.8%
Legal / Lawyer Fees$1,80012.6%
Property Tax Adj.$1,2008.4%
Home Inspection$5003.5%
Title Insurance$3502.5%
Registration Fees$1801.3%
True Total Cost
You actually pay
$644,178
vs listed $629,900
House Price$629,900 (97.8%)
Extra / Closing Costs$14,278 (2.2%)
Budget extra $14,278
2.3% of house price in closing costs
Land Transfer Tax?
Manitoba provincial tax
$10,248
Legal / Lawyer Fees?
Includes disbursements
$1,800
Title Insurance
One-time premium
$350
Home Inspection?
Full structural inspection
$500
Registration Fees
Land title registration
$180
Property Tax Adj.
Pro-rated to closing date
$1,200
Buying Journey
📝
Offer
Day 1
🔍
Inspection
Day 3–7
🏦
Financing
Day 7–21
📜
Closing
Day 30–60
🔑
Move-in
Closing Day
Offer
Submit purchase offer with deposit cheque
Cost
~$5,000 deposit
$629,900
House Price
Listed asking price
$14,278
Closing Costs
2.3% of price
$644,178
True Total
What you actually pay
$10,248
Land Transfer Tax?
Manitoba provincial
Estimates based on Manitoba closing costs · Actual costs may vary · Consult your lawyer for precise figures