Moving to a new space is an exciting step, but unfortunately, it’s a costly one too. Knowing the costs and fees associated with a move before you choose your new home is vital to staying within budget. Let’s take a closer look at the potential costs of finding and moving into a new space so that you can begin the journey!
Of course, your new home will come with costs. These costs will vary depending on if you plan to rent or buy. For renters, you should expect to pay first months rent and a security deposit up front on any property. Some properties may also require a utility deposit or community fees. Buying a home can come in a wide range of costs. Speak with your real estate agent to ensure you’re staying within budget even after closing costs, repairs, and other fees. Don’t forget you’ll have to pay the realtor at the end of the process too!
Moving logistics refers to the actual moving process. Getting you and your belongings into the new home isn’t a simple process but planning accordingly can at least help make it more affordable. You should price moving companies, moving trucks, moving insurance, and packing supplies far before your actual moving date. Further moves typically come with higher costs. When pricing a moving company be sure to remember you’re looking for the best total value, not just the lowest cost.
Time of Year
The time of year that you’re planning to move is one of the biggest factors in the overall cost. Summer is the peak moving season which means movers, trucks, and supplies are all in high demand. That high demand comes along with a much higher price tag than you’d find in the off-seasons of fall or winter. You can save some money by booking your movers as far in advance as possible for your summer move. The costs and fees associated with your move all go towards your total budget. It’s easy to get focused on the big figures, like first months rent and a deposit, but don’t forget to add up the smaller costs too! Each of those small price tags will put you over budget quicker than you realize if you aren’t careful. Always remember to prepare for a few unexpected fees and costs along the way too!