Monday, 9 November 2015

Movers' Guide : The cost considerations

The costs of moving from one home to another can be high and expenses often go unseen until the last minute.
Whether you are a first-time home Buyer who has just outlaid costs to cover Estate Agent fees and transfer and bond registration costs or if you are a renter who has paid the deposit and first month’s rent upfront, you will still be faced with the costs involved in moving your belongings.
Whether you are a first-time home Buyer who has just outlaid costs to cover Estate Agent fees and transfer and bond registration costs or if you are a renter who has paid the deposit and first month’s rent upfront, you will still be faced with the costs involved in moving your belongings.
It's important to consider every cost you might encounter when moving, so here is a list of some of the services and items which are important to consider and to save for accordingly:
Deposit
Whether you are buying or renting, you will need to pay a deposit of sorts. For home Buyers, a deposit is the initial cost paid during the home buying process, and as a renter, the deposit secures your rightful place in your new home. This deposit is a prerequisite in the agreement between a tenant and landlord, but the value of the rental deposit may vary from one to two month’s rent, depending on the landlord.
Removals
When moving home, one of the most important factors is often the simplest, and that is how you intend on getting from home A to home B. Whether packing up your belongings and transporting them solo, to hiring professionals to do all the hard work, there will be costs involved.

When doing a DIY move, consider the cost of the following: packing materials (such as boxes, bubble wrap and tape), petrol for numerous return trips, and perhaps the hiring of a suitable vehicle for transportation of furniture and boxed belongings. 
The cost of hiring movers normally differs depending on what services you require, such as packing services, moving your belongings and unpacking, and is also based on the quantity of furniture you have and of course the travelling distance to your new address. Prices can range from as little as R1 000 to R50 000 – so it’s important to get numerous quotes to find a price that suits your moving budget.  You might also consider taking out insurance to cover damage to your goods during your move.
Storage
If, by any chance, you cannot move into your new home immediately, or if you are moving into a temporary home for a short period, it may be necessary to put some of your personal belongings and less essential furniture into storage. Most storage companies offer a competitive rate, which will depend on the size of the container or number of items requiring storage. It’s important to shop around for the best storage quotes which also provide the added service of insuring your belongings.
Minor yet major hidden costs
There are a couple of costs that often go unnoticed until the last day of your move. These include: crockery and food costs for the day of your move, and purchasing or tailoring new blinds or curtains to fit your new window dimensions.  You will also encounter costs for DIY work done to your house, such as repainting and repairing. 
When you move in to your new home, it’s important to get into your new routine as quickly as possible, and that means taking on a lot of admin! From reconnecting your DStv and telephone lines to having your new house fumigated and carpets cleaned; these are all important tasks which will help you make it ‘your’ home, but which can add to the overall cost of moving.
With all these factors taken into consideration, and with your chosen quotes in place, you can now make an estimated moving cost calculation to determine how much you can expect to pay to make the exciting move to your new home.

Olaitan H Jinad
08093081908

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