Oakville Real Estate News

Money Saving Moving Tips

Blog by Joette Fielding | January 2nd, 2015

Money Saving Moving Tips.jpgMoving can be expensive. Moving can be time consuming. Most people look at the prospect of moving with apprehension if not outright dread. But there are a few measures that you can take that will save you both money and time when you move to a new home.

Your first step.

Create a moving budget. You’ll need to consider all of the expenses included in a move. Dig deep so that you don’t miss anything. Whether you’re moving yourself or hiring professionals, there are plenty of expenses that you will incur. Here are just a few:

  • Packing supplies.
  • Professional packers.
  • Professional moving companies.
  • Shipping costs.
  • Truck rentals.
  • Insurance.
  • Fuel costs or flights
  • Fees to move pets.

A little organization goes a long way when you’re planning a move. Spending some time up front to determine your master moving plan will save you from both financial surprises and wasted time down the road.

Decisions, decisions.

Make a decision about whether you will move yourself or hire professional movers. Professionals can save you time and ensure that your belongings arrive safely at their destination (or the company will bear replacement costs). Moving yourself takes more time and organization on your part. A third option is to split it up – pack your own boxes and perhaps move a portion of your belongings, while leaving the fragile and unwieldy items to the professionals.

If you do decide to use a moving company, do your homework. Get quotes, inquire about seasonal rates, and make sure you understand the fine print so that you’re not blindsided by any hidden fees. If your timing is flexible, you could save a bundle moving during the off-peak season.

Streamline to save time.

Do your spring cleaning before you move and toss, recycle, or donate anything you don’t absolutely need and use on a regular basis. This can save time in the packing process and money on packing materials. Hold a garage or yard sale to make a little extra money, or sell unwanted items on Craigslist or eBay. Unburdening yourself of your non-essentials will speed up your move.

Now some savings.

Save on packing supplies by asking local companies for boxes. It’s a good bet that your local grocery store, bookstore, and home improvement outlet spend a lot of time recycling boxes that they would be just as happy to handoff to you. Rather than splurging on bubble wrap and padding for non-breakable items, stock up on old newspapers and even paper shopping bags to help brace belongings inside boxes.

Pay high school or college kids to help out of you’re moving yourself. Or recruit friends with the promise of pizza and beer at the end of the day. If you rent a truck, don’t overspend on one that is larger than you need to transfer your belongings; if you’re making a local move, making multiple trips might save you the cost of a larger truck.

For additional savings, remember that any donations you make are tax deductible once next year’s tax season rolls around. Keep all of your receipts in case any portion of your move is tax deductible.

The key to a successful move is organization. Investing some time before your move date can mean savings in terms of both time and money. As with any endeavor, bumps in the road can always arise … but a little preparation can go a long way toward eliminating most of them. Good luck!

Content courtesy of http://www.realtytimes.com


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