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Williams and McDaniels

Williams and McDaniels Property Management

Hidden Costs of Moving

When deciding to move people never really consider how much the move will cost them. Although the decision to move should never hinge on the cost of moving itself, the moving process should factor into your budgeting.

Here are a few areas that may add an additional cost to your move.

Additional Boxes

If you've ever moved before you'll know that you can never have enough boxes. Although it is popular to try to find free boxes, you may not always be successful. So when budgeting for moving expenses you should always factor in some money to be spent on purchasing boxes.

Moving Vehicle and Gas

If you choose to move yourself then you'll need to rent a truck or van. The typical rental company will charge you a flat fee for the van rental but you will have to pay extra for insurance. It's worth placing a call to your insurance company to see if your car insurance will cover you driving a rental vehicle. This could save you some money.

You should also factor in how far you're driving. All companies require you to return the vehicle with the same amount of gas as when you left, so deciding on how many trips it will take could give you a better understanding of how much the transportation will cost.

Food and Refreshments

If you are choosing to move on your own then chances are you'll recruit some friends or family to help. Be sure to budget in some food and refreshments for your crew. They'll need water or juice throughout the day and you may need to purchase ice for the cooler.

Damaged Items

If you friends or family are helping you move then there will be a replacement cost for any damaged or broken items. Some items you may be able to live without, but for others you can't. You have two options in this situation, you can either pay for it yourself or you can see whether your insurance company will cover it. It's worth making a call into your insurance brokerage to see about the deductible and if the loss can be covered by your policy.

Tips For The Movers

If you are hiring professional movers then you may want to offer them a tip for their hard work. This gesture is optional, however it is good form to do so.

New Items For Your New Home

When you move into your new home you'll want to settle in and decorate. This is an expense that is never considered as a cost to a move. You may want to develop a budget for what you can afford to spend on things like new furniture, paintings, decorations and lighting.

Although there may be added costs involved with moving, there is still a light at the end of the tunnel. Moving to your new home should be a time filled with excitement. In the years to come you will not so much remember the move, but instead you'll remember how it felt when you finally settled into your new home.