5 Unexpected Moving Expenses
Are you moving? If so, that’s great news. You’ll have the opportunity to stretch your wings while living inside a new home, and explore a different part of town.
But just because moving is beneficial, doesn’t mean it’s easy. More specifically, moving can be expensive: you’ll have to pay for a U-Haul or a moving truck, take some time off work, and pay to change your address. But out of all these potential expenses, some are easy to forget, whether because you never give them any thought, or because no one ever discusses them.
These are the kinds of issues we’re going to discuss in this article: what kinds of hidden expenses you’ll have to pay while moving. Because once you know they exist, you can work around them—and make your move that much easier and less stressful.
1- The cost of replacing all your older products
If you’re moving, chances are, there’s some stuff you’re not going to be bringing with you: you’re either going to give it away, whether to relatives or a charity organization, or you’re going to toss it out. In either case, many such items will need to be replaced once you’re at your new place. For example, will you need a new dishwasher? A stove? How about tables, chairs, or shelving units? These are generally fixtures which stay with any home unless you are a deadbeat and take them but why take old trash cans, ladders, boxes in the attic which you haven’t seen or touched in 10 Years, why pay to move them or pay for additional space on a truck or have the need for an additional truck.
Large items aside, you’ll have to replace any items that were lost during the move. For this reason, it’s a good idea to keep some kind of record of which items you’re moving. You don’t need a full inventory, but even a general overview should be able to help in case the situation gets out of hand, or if you forgot something. Moves do take a long time to prepare and carry out, so the chance that something goes wrong somewhere down the line is pretty high. Prepare for this situation by making an inventory list and keeping it up to date.
Your mover may ask if you would like to do an inventory to keep track of your household goods, number of boxes, and contents. You may wish to have your movers pack your valuables and breakables. Your Mover has no way of knowing how you may pack your, fine china, for example, so they would prefer to pack and be responsible and liable for such items. Any irreplaceable items such as documents, photos, cash, coins or jewelry are considered high value items and would need to be claimed before your move and placed on paperwork, or you may wish to move these items yourself
2- Additional expenses and charges
Sometimes moving companies will charge more for certain types of tasks. For example, if they’re moving your stuff into a metropolitan area, where labor costs tend to be higher, then they might charge you an extra fee on top of the regular cost. Along the same lines, moving heavy items will cost more. This counts for items like riding lawnmowers, snowmobiles, and grand pianos (which, as you’ll see in point 5, will also require another fee for disassembly). Sometimes, movers will also charge you if they need to walk more than a given amount (75 feet, for example), from their truck to your door. Extra fees also apply if they need to use the stairs or elevator to get to your unit.
3- The costs of storage
Storage is always a difficult matter in general, but it becomes even trickier during the process of moving. This is because, for whatever reason, you won’t always be able to bring your stuff to your new place right way. Instead, you’ll have to store it in the meanwhile. It’s common for people in your position to rent out a storage unit; note, however, that such organizations charge either a monthly or a weekly fee. Also note that larger sizes of units will cost more money.
That being said, storage can be more simple than renting out a unit; you might simply need to store your items in your own home. In cases like this, you’ll need to find some method of storage. If you only intend for your stuff to be in storage for a few days or maybe a few weeks, then you can use the typical solution: moving boxes. You’ll have to make sure that they don’t trickle dust all over your floors, of course. If you’ve used the PODS moving system, on the other hand, then the company will supply you with storage units that you can deposit in your own home. You can empty them out whenever you’re ready.
If you’re keeping your stuff stored for longer periods of time, you’ll have to buy some new boxes, such as those made out of plastic or metal. Tote bins, in particular, are especially helpful. These can add a good chunk onto your budget, so plan accordingly. Remember to store them properly, so that they don’t create mold or attract insects, and make sure they’re sealed hermetically so that no dust can come in. Wash the items after moving and store them in a cool, dry place. Be sure to check on them every few months so that nothing untoward is happening. And, in the case of textiles, you can use mothballs and cedar to keep the bugs out.
4- The costs of taxes
You know what they say: “Nothing is certain in life, except death and taxes.” And when you’re moving, taxes can be more complicated than they normally are, since, in moving, you’ll have to alter your tax scheme. If your new home is more expensive, for example, then housing taxes will be higher. You might even be moved into a different tax category depending on local regulations, so watch out for that as well. And with taxes, remember that they’re not paid now, but during tax season, so you’ll have to budget accordingly when the time comes.
If the items you’re moving are used for a business, then moving them to a new location might affect your tax rates. Do your research so that you’re adequately prepared to deal with this. Also keep a record of which business-related items you’re moving; this can come handy in the future, should any problems arise.
Another important thing to consider with regard to taxes is that you need to be sure you’ve accounted for everything. If you don’t, then you might have to face fees and fines from the governments at all levels: municipal, state, and even federal. You don’t want an auditor sending you a disappointing letter, so consult with a professional if you’re not 100% sure about your taxes. And, of course, consider that as another cost that needs to be taken into account.
5- The cost of specialists
This isn’t the case for every house, but many people will have to hire additional employees to help them change houses. For example, if they’d like to remove installations that are attached to the house or bolted to the floor—pool tables and pianos, for example—then they’ll have to call up someone with the proper training. The same can be said for those who need to disassemble main gas tanks before they leave their home. And, if you’d like to keep your dishwasher because the new place doesn’t have one, then you’ll have to hire an electrician to set it up for you.
Sometimes, you might be lucky: maybe an electrician friend is willing to help you move your dishwasher, for example. In this kind of situation, though, don’t forget to take social niceties into account: pay them for their work: in pizza and beer, by promising to take them out later, or by offering to do a favor for them in the future. Don’t exploit your friends or use them just because they can help you: you need to be a good friend in return.
A final note: find the right moving company
Before we close, we’d like to indicate another cost that you’ll have to take into account: the cost of a move gone wrong. If you hire the wrong company, you’ll find that you’ll be paying many other fees in addition to the cost of moving: the cost of replacing your lost or damaged items, the opportunity cost things not done while you’re waiting for the driver to arrive on time, or for the truck to become available… That’s why it’s a good idea to go ahead with a reputable, professional company. In the Texas/Houston area, M&M Moving is a great choice.
Companies like M&M Moving will help you find the right prices for the services, and then support you every step of the way: they will pack up your items, have them shipped to the new location, and help you move the stuff inside the house. These companies’ operating procedures have been developed perfectly, so that the employees know exactly what they’re doing, and can get you out of your old house—and into a new one—in record time.
Managing the hidden costs of moving: an exercise in smart decisions
If you’ve done all your research correctly and sought to include as many potential costs into your accounting sheet as possible, then you’ll find that moving isn’t as stressful as others make it out to be. Instead, you’ll realize that moving can be almost relaxing, since there’ll be nothing left to do—except to get to your new home, of course. In other words, take your time while calculating the costs of your move—costs in terms of both time and money, of course—and you’ll do great. Good luck with your move!