We have touched on a variety of different challenges associated with moving, but one topic we are yet to discuss is the additional monetary costs that can be associated with a house move. Budgeting for a move can be a challenge for some and the idea of ‘saving up’ to afford to move houses certainly seems like a strange idea, but it can be helpful to avoid some unwanted debt on your moving day.
We never seem to factor these costs into the moving process, so in this post we will truly assess how much money you should have ready when planning a house move. Depending on what type of moving situation you are in, there will be different types of expenses.
1. Consider your transportation costs. Whether you are planning to hire a moving service or load up a van by yourself, you will still need to spend some money on transportation. Well, many moving van rental companies include extra costs depending on how far you are moving, not to mention that you must refill the truck with gas upon its return. Although a moving service will generally cost you more than hiring a moving truck yourself, you can trust that your items will arrive safely and in good time. This way you don’t have to deal with the added stress of planning your move around van availability etc.
2. Destination. Depending on where you are moving to, there may be some extra costs associated with moving houses that are not related to transportation.
For instance, if you will be renting your new place, there will almost always be some kind of security deposit required. And for certain managed apartment buildings there are likely to be extra charges such as move in fees, FOB rentals, parking spot fees and move-in damage deposits.
3. In addition to all the preliminary moving costs above, there might be some secondary costs that you may not have taken into account. For instance, people are often either upsizing or downsizing when houses, so either buying new furniture to fill out certain spaces, or disposing of old furniture that won’t fit in your new space is likely to cost you more money.
Although some people will make the necessary plans for these kinds of extra expenses, most people will not budget effectively to take into account all of these factors.
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