X

How to Save Costs When Moving

"When you purchase a new home, there are many additional costs to consider beyond just your deposit and transfer duties, and these can add up quickly. Thankfully, it is possible to save on a few of these expected expenses, and the best place to start is with your moving process," says Gerhard Kotzé, CEO of the RealNet property group.

"Here are a few tips to help you cut costs before your moving day arrives:

  1. Get multiple quotes

    If you choose to use professional movers, make sure to shop around first. Get quotes from at least three different companies to find the best deal. If you haven't set your moving date yet and have some flexibility, consider moving in the middle of the month, as the demand for moving companies is typically lower. Leases usually end and begin at the end of the month, so movers tend to charge more during these periods due to higher demand.

  2. Use a trailer

    If you have a suitable vehicle and a towbar, it may be significantly cheaper to hire a trailer and move your belongings yourself. Alternatively, you could reach out to friends or family members who might lend you a trailer or vehicle for the day. However, be careful when choosing this option and plan carefully, as your belongings often take up more space than you may anticipate.

  3. Declutter before you move

    The simplest way to make your move easier is by getting rid of items you no longer need or use. Selling these items is also a great way to generate extra funds to help with your other moving costs. It's often best to wait until you're in your new home before purchasing new furniture and other large items.

  4. Take advantage of DIY packing solutions

    Instead of buying large amounts of bubble wrap, which can be costly, consider wrapping your delicate items with old newspapers, towels, and blankets.

"Regardless of whether you hire professional movers or take on the task yourself, you should avoid taking on debt to cover your moving expenses. It's easy to accumulate a large amount of debt with all the costs associated with moving into a new home, and this could harm your credit score.

"That's why it's best to plan your move well in advance and make a note of all the expenses you'll need to cover."


06 Nov 2024
Author RealNet
1 of 343