First
things first, a budget is a must...we have one for you. [
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Recently
Barbie and Ken (not their real names) moved a few thousand feet,
across a courtyard. They traded up from a one-bedroom apartment
to a two-bedroom apartment. They were amazed by four things: how
much stuff they had in their old apartment, how much stuff they
needed for their new apartment, how much stuff from their old apartment
they were sorry they brought to their new apartment, and how long
the process took from first piece packed to last piece put away.
They were not alone in their amazement.
The
Survey Says
"Based on research and surveys that weÕve been conducting since
1992, weÕve found that, on average, a homeowner spends $9,400 in
the three months it takes them to move. That doesnÕt include the
cost of the new home or the movers," says Jeff Lippincott, Business
Development Manager of MoveCentral, Inc. (www.movecentral.com).
"Renters are spending, on average, $3,700 when they move. In either
case it would take most people three to five years to spend that
much on home related goods if they werenÕt moving."
"Most
moves are triggered by a life event such as a new job, a marriage,
a baby, a divorce, or a retirement. Some of these life events come
with additional income or needs. We found that 37% of households
that move purchase new furniture within 12 weeks of their move,
40% buy bedding, and 12% buy a new computer within 8 weeks of their
move," says Lippincott. "When you buy a new couch, an appliance,
and a computer, the costs can mount up pretty quickly. If you have
this information beforehand, you can plan and budget accordingly."
Here
are some more of MoveCentralÕs surprising survey results:
57%
of homeowners and 37% of renters bought furniture within 12 weeks
of their move. Homeowners spent an average of $3,500 and renters
spent an average of $1,220.
35%
of homeowners and 40% of renters purchased bedding within three
weeks of their move. Homeowners spent an average of $420 and renters
spent an average of $240.
15%
of homeowners and 12% of renters bought a computer within eight
weeks of their move. Homeowners spent an average of $2,160 and renters
spent an average of $1,340.
55%
of households (homeowners and renters) purchased at least one appliance
when they moved.
12%
of all respondents with internet access went online to research
moving companies.
ItÕs
a Moving Experience
"Since most people are paying the movers themselves (as opposed
to a corporate sponsored move), I suggest that they get three competitive
quotes," Says DÕArcy Goldman, President of Humboldt Storage and
Moving, in Camden, Mass. (www.humboldt.com). "Moving costs are based
on the total weight of the goods youÕre moving and the miles youÕre
moving them. ItÕs a very competitive industry and itÕs become a
discount game. You want your mover to give you a good price and
reliable referrals, so that you can rest assured that they will
get the job done properly."
"ItÕs
very important that you take advantage of an estimatorÕs expertise,"
says Goldman. "Show them everything, even if you think it might
not be going. DonÕt say ÔIÕm going to have a tag sale and IÕm sure
that old piano wonÕt be going with us.Õ ItÕs safer to estimate higher
and end up lower. The moving company can always give you less space
on moving day, but sometimes it can be hard to give you more."
There
are a lot of variables that can cause the price of a move to fluctuate
such as:
Packing:
You will incurr the highest moving cost if you have the movers pack
everything for you. To save money, you can have the movers pack
just your breakables. This cost may be worthwhile because if you
pack those items and they get broken along the way the mover accepts
no responsibility, (unless the outside of the box shows signs of
abuse). If the mover packs the breakables, they accept full responsibility.
Location:
Movers charge extra if they canÕt get within 75 feet of the entrance
on pick-up or delivery.
Obstacles:
Stairs and elevators take time and energy for the movers to negotiate
and that gets added to your bottom line cost.
Disassembling/reassembling:
There is an additional cost if the movers have to take apart, or
put together, unusual furniture like a pool table or an oversized
entertainment unit.
Oversized
belongings: Big items add to the bottom line price because they
are unwieldy and take up space in the truck. That goes for your
canoe, riding mower, and motorcycle.
Disconnecting
appliances: Movers donÕt normally disconnect appliances. Some moving
companies have disconnection experts that can help you for an extra
cost, or you can hire an electrician. Failure to deal with this
issue in advance can delay your move, which will cost you time and
money.
When
you arrive
ItÕs not hard to imagine that you might be suffering from sticker
shock when you arrive at your new home. "I think what happens to
people is that about halfway through the process of moving they
get overwhelmed by the enormous variety of expenses," says Matt
Coffin, CEO and Founder of LowerMyBills.com (www.lowermybills.com).
"LowerMyBills.com
is an outgrowth of my personal experience. I moved into a new home
and got married at the same time. IÕd never had a mortgage before
and when I put my budget together I experienced sticker shock. I
began a process of trying to lower each of my bills and found that
it took an unbelievable amount of hours to make the comparisons
and decisions."
"WeÕve
created a data base and comparison engine that lets you see what
your choices are. The types of bills that we allow you to lower
are home loans, auto loans, insurance, credit cards, long distance
and wireless phone, internet access, electric bills and gas bills,"
says Coffin. "As soon as you have the address you can use the service
to comparison shop in that zip code. The site helps people get over
the lethargy they feel when they think theyÕll have to go to 18
sites and make 90 calls to lower their bills. With us itÕs a one-stop
service that empowers people to know they have a choice. They donÕt
just have to take what theyÕre offered. They can make intelligent,
informed, cost effective decisions."
Advice
from your mother
Now
that youÕve heard from the professionals, make sure you follow these
two pieces of age-old, maternal moving wisdom. Regardless of how
much you choose to unpack that first day (or night), set up your
bathroom first and make up your bed second. That way you can answer
natures call, take a hot shower, and your bed will be there to catch
you when you fall.
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