No one can deny the excitement that comes with moving into a new home. You can start anew in a fresh location and create wonderful memories with your loved ones.
However, the expenses that come with moving can catch you off guard if you’re not prepared. You may have considered the typical bills such as packing supplies and a moving truck – but there are other hidden costs too.
Five Unexpected Expenses That Are Easy To Forget
Temporary Housing
What happens when you sell your current home at a faster rate than the new one’s settlement? You’ll need temporary accommodation. Hotels can be your first option, but they can add up to be a significant expense.
If you don’t have family nearby, it can be worth looking into something like these Short term rentals Etobicoke. They offer all the amenities you need, and you don’t have to worry about searching for multiple hotel vacancies.
Cleaning Costs
Whether your home was a rental, or you have sold it, conducting a deep clean is important. However, it’s another process that adds up to be a rather large cost.
Things such as hiring a professional cleaning service or buying cleaning supplies yourself have to be taken into consideration.
You’ll need to make sure you clean everything from top to bottom, including carpets and windows, to ensure that the next occupants are happy with the property’s condition. Failure to do this could result in additional expenses later on.
Storage Costs
While moving, there may be a need to store some of your items before your new home becomes available. This can be an unexpected expense, so save extra cash just in case.
Unexpected delays may happen, and you don’t want to run out of storage. Your move should have the least amount of stress possible!
Utility Installation Fees
When moving, you’ll be opening up new utility accounts for electricity, water, gas, and internet among others. Be cautious of the start-up fees that can come with these.
Some utility companies may require you to pay a deposit before they activate your account, while others may charge an installation fee. Be sure to investigate and ask questions before committing to a particular business.
Home Inspection Costs
Lastly, you can’t overlook the importance of a home inspection. It’s during this process that you uncover any issues that could generate considerable repair expenses.
Issues that need to be fixed, may delay moving into your new home – costing you more money for accommodation. Always anticipate the cost of a home inspector even if you think the house is in good condition.
Final Words
As you can see, moving house often turns out to be more expensive than planned. By thinking ahead for these five hidden costs, you’ll ensure that you have enough funds to cover any unexpected fees that may come your way.
