What to Consider When Moving Homes


What to Consider When Moving Homes

If you're moving house in the near future, either for work or to rent out your home as an investment property, there are a few things you might want to consider. Moreover, it's essential that you do everything in your power to make your move as seamless and stress-free as possible especially if you're moving states.

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Without considering all the crucial elements of moving, you could miss out on a great sale or rental opportunity, or even lose tens of thousands of dollars in the process. Take just a few days beforehand to sit down and comprehensively plan out your move, what you expect to get from it and how you can make adjustments to improve the process.

Let's take a look at a few things to consider when moving homes below.

The Area You're Moving To

Of course, you'll know the new area you're moving to reasonably well, either from doing your own research or possibly visiting display homes or properties for sale. However, are you aware of aspects like crime rates, employment opportunities, and schools or colleges?

It's so important to consider everything about the suburb or city you're moving to before you move so that you're able to prepare correctly. Maybe one of your children will need a car to get to their job because of a poor public transport connection. Then you'll need to factor this into the cost of moving.

We suggest all movers consider the following:

- Transportation connections,
- Employment opportunities,
- Schools locations,
- College locations,
- Crime rates,
- Lifestyles,
- and More.

Once you've considered all of these things, you might find that your move might not be worth it - at least in that new area - or you may need to make a few changes to protect your finances. However, knowing these things as early as possible could ultimately save you a lot of money and time.

Listing Your Old House

You're likely moving and as a result, leaving a vacant home behind. This is all well and good if you're a renter, though if you're a homeowner, you'll be considering selling or renting the home.

As you'd expect, selling and renting your home is a significant consideration. It's essential to take your time in determining how, when and for what price to sell or rent your house.

Of course, there's the realtor option, though also consider platforms like Roofstock, which has become a fan favorite and been reviewed by reputable names which certainly vouch for the service to sell your home quickly and easily.

If you do choose to sell or rent, always be sure to align your move with a rise in the market, unless you're unable to do so. Currently, the US real estate market is looking to power through over the next six years, with growth still at 5.16 percent nationally, so selling now, or soon, is a great idea.

Miscellaneous Financial Considerations

Arguably one of the more frustrating parts when moving homes is the costs involved - even if you've sold your house and have a surplus of cash. The whole process can be costly without a plan or any considerations in place, so do not move homes without a plan!

The first thing to consider is your direct moving expenses. These include things like the shipment of your furniture and other goods, insurance, short or long-term storage, packing materials, and even hotels and gas if you're moving interstate.

There are also a few hidden costs that you might want to take a look at too, as these might be your make or break.

Preparing for a Lifestyle Change

This consideration is a big one. Many Americans find themselves suffering from 'Relocation Depression' after a significant interstate move, and of course, no one deserves to suffer from this. You should be positive and excited about the opportunities.

There are a few things you can do to help combat this, and of course, it involves some preplanning and an understanding of where you're heading. 

It would be best if you were prepared for your life to change and you should get ready for this change right away. Your job will be different, and you'll need to make a few new friends, find new leisure spaces in the new area and more. Though, this shouldn't be too difficult in a world filled with social smartphone apps.

However, you should be comforted by the fact that your move comes with the reassurance that you've relocated for a good reason. You may have new career opportunities on the way, a child or even yourself heading to college and a range of other things. That said, a strong consideration when moving is ensuring your state of mind is positive and you're mentally prepared for the new home and location.

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