All The Extra Expenses That Can Sneak Up On You When Buying A Home

In the euphoria about successfully buying your dream home, you might lose sight of the costs involved in actually moving into the place. Alas, the costs aren’t limited to hiring a moving company. Rather, you’ll incur multiple expenses, such as buying packaging supplies like cardboard boxes, bubble wrap, labeling markers, tape, and additional storage units if you don’t plan to use some of your things immediately after the move. You may even need to eke out extra for car insurance. All in all, your moving costs increase if you need to transfer a heavy load, hire day labor, and trek a considerable distance (even higher for interstate and international transfers). Moreover, relocating during weekends and busy seasons can cost you more than weekdays and off-seasons.

While estimates vary, moving out of a two- or three-bedroom household is typically priced between $800 and $3000, per RealSimple. However, long-distance or international moves can cost upwards of $2,700, going as high as $16,200 in certain cases. Even if you choose to DIY by renting a truck, spending $130 or $1,780 for a local or long-distance move, respectively, is a given, notes Move.org. Budget even more for carrying your prized piano or artwork, which are packed specially.