What are the costs of moving?
What does it cost to move? It
may cost as little as a few
hundred dollars to rent a truck
and buy the necessary packing
materials. A typical
three-bedroom home will take
about 40 to 80 hours to pack and
about half that time to unpack
for a total of 60 to 120 hours.
You can do this yourself, if you
have time, or hire a moving
service to assist with the
packing or just loading and
unloading the truck and moving
the larger furniture.
For estimation purposes, use $25
per hour if you want to hire a
full service moving company. For
packing and unpacking, the total
would be between $1,500 and
$3,000 for labor and then the
cost of travel time and the
truck. If it is a local move
(less than 100 miles), it can be
as little as another $500 for
the transportation or $5000-plus
for a long distance move. All
the above estimates are based on
a typical three-bedroom home
with an average amount of
belongings; your costs for
moving will vary.
The following table describes
some of the costs to move and
their typical amounts. Each
individual's circumstances are
different so these costs may or
may not apply to you and if they
do then the actual cost could be
higher or lower. In any case,
you should be familiar with
these costs as you try to decide
if you should remodel or move.
|
Description |
Cost |
|
Listing sales commission |
Six percent of home sale
price |
|
Home preparation prior
to selling |
$0 to $9,000 |
|
Moving |
$500 to $5,000 |
|
Furniture, appliances
and decorating your new
home |
$1,000 to $10,000 |
|
Miscellaneous fees and
services |
Two to three percent of
home sale price |
|
Increase in property tax |
$0 to $10,000 per year |
|
Total for a $200,000
home |
$15,000 to $50,000+ |
For more information about remodeling or
moving, please visit
www.nichelending.com or contact us
at
remodelormove@nichelending.com or
call toll free at (888) 491-2001.
"About
the Author -Dan Fritschen, founder of
www.remodelormove.com,
www.remodelestimates.com and author
of the best selling books Remodel or
Move? Make the Right Decision and The
Complete Remodeling Workbook and
Organizer (available at
www.remodelingorganizer.com).
Do you
have remodeling or moving questions?
Email Dan directly at
dan@remodelormove.com.
|