A house is only considered a zakatable asset if it is bought with the intention of resale. In such a case, it would be considered business inventory and would be zakatable. Buying a house to live in would not make it a zakatable asset. However, zakat may become due on the cash proceeds you receive after selling your house if you receive the proceeds before your zakat date and still have them in your possession when zakat is due.
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Our typical response time would be within 5 days from the time your question was posted. Responses provided will be according to our Zakat policy.