A method and system for link quality metric based antenna selection for transceiver are disclosed. In one embodiment, a method for selecting an antenna from multiple antennas associated with a receiver, includes receiving multi-carrier modulated signals via a currently active antenna of the receiver, and estimating a predicted packet error rate (PER) associated with a current receive path of the receiver. The current receive path is used to process the multi-carrier modulated signals. The method further includes selecting a next antenna from the multiple antennas for forming a next receive path of the receiver based on the predicted PER and a packet error history associated with at least one previous receive path.