Wednesday, April 22, 2015

5 Costs to Consider When Budgeting For Your Move:

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Are you making a big move in 2015? Before you start packing, take time to crunch some numbers and set a realistic moving budget. We’ve listed five unexpected moving costs below. Avoid sticker shock by considering these costs when calculating your budget.

PACKING SUPPLIES

Packing supplies can be a huge surprise expense if you don’t do your research. Avoid purchasing boxes from standard mailing centers and use a wholesale bulk retailer instead. After selecting your mover, you can purchase packing supplies kits directly on MovingCompanyReviews.com that are specifically tailored to the size of your home. Also, don’t skimp on bubble wrap or packing paper — that extra layer could mean the difference in your items arriving in one piece.

MOVER GRATUITY

Assuming your movers do a good job, it’s best practice to tip them. The industry standard for a full day move is between $20-$30 per person, or $10-$15 per person for a half or partial day. Assuming you have three workers performing your move, this could add up to an additional $60 or more on top of your basic move costs.

STORAGE COSTS

Moving can involve a lot of hiccups, including those that will require you to put your items in storage. Storage costs vary widely by area, so research companies in your new community to find an option that works for you. For a temporary fix, we recommend renting a self-storage unit.

DEPOSITS AND UTILITIES

When planning your move, budget for current utility bills that may overlap with deposits and bills for your new home. This unexpected cost catches many homeowners by surprise and can make the first few months in your new place stressful. If you rent, thoroughly clean your apartment so you receive your full security deposit.

UNEXPECTED MOVING COMPANY FEES

When using a mover, there are several fees that could drastically increase the cost of your move. Read the fine print of your contract so you fully understand each individual cost.
Some surprising fees include:
  • Driving charges: Most movers charge for the time it takes to get from their primary location to your home. In most cases, they will charge their hourly rate, or pro-rate it to the quarter or half hour depending on your home’s distance. Ask your mover about this cost if it’s not called out explicitly in the estimate. If there is anything unusual about your location, including nearby construction or closed roads, let them know to avoid paying for the time it takes them to find your home.
  • Long-carry fees: You may be charged a long-carry fee if your movers have to carry your items further than their standard “distance limit.” Ask your movers what their distance limit is and if they think it could be an issue. Apartment or city-dwellers beware, as this fee normally results from limited available parking and if your condo or apartment unit is more than a few units away from the elevator and the movers have to carry your belongings down the hallway.
  • Elevator fees: If you’re moving in or out of  a high-rise, your mover and/or building may . charge an elevator fee. Your building may also charge a move-in/out fee. Make sure to check with your building management before you move.
  • Supplies fees: Many movers will wrap your belongings with blankets and tape, and pack your clothing into wardrobe boxes. You may then be surprised with charges for these items on your final bill. Understand the cost for any packing materials before you book your move, and work with your mover to estimate what you need to include in your overall budget.

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