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6 Ways You Can Save Money When Shifting to a New Home

Author
Blox Social
Posted on
Apr 24, 2023
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Buying a new residential property can be an exhilarating experience. It is a mark of financial achievement and success. It symbolises comfort and a good life for you and your family. However, the practicality of moving into a new home can be very stressful. It involves a lot of strenuous activity and mounting expenses.

Some of the most time and resource-consuming tasks involve packing away the existing home, moving in, and setting up all afresh. However, using a few simple tips and tricks can help cut down on the budget for home shifting.

Here are some ways to move into your new home and remain within budget.

Top home shifting tips and tricks

  1. Take the opportunity to declutter – Moving into a new home, a property you have bought for yourself, is a good opportunity to declutter. List the basic items you will need in your new place. If you have invested in doing up the interiors of your new home, chances are you will not need the old furniture. Hold a garage sale or list on a website for pre-owned furniture and make the most of these sales. Pick only those items that you will use in the foreseeable future. Moving also offers an excellent opportunity to get rid of old storage items and bric-a-brac that we often collect. This will help cut down on the quote of the moving company.
  2. Compare services – Take a quote from at least 3-4 packers and movers. Compare the services they have to offer. Will they offer help in unpacking? Do they offer lower costs if you provide the packing material? You may want to pack your clothes, jewellery, chinaware, and décor items yourself to ensure zero damage. What discount do the movers offer if you manage most of the packing yourself? Only when you are assured of the services and reputation should you enter into a contract with the movers.
  3. Ask for discounts – Moving into a new home is a major undertaking. You will need packing material in bulk. Is the vendor ready to offer wholesale discounts? Similarly, the mover may be willing to offer a sizable discount if you choose to move mid-week or mid-month, which is typically the lean period. In the case of small families, you may opt to share a truck with another family moving on the same day. Will this help you save on the cost? These are all things to consider before you finalise the details of the move.
  4. Plan ahead – If you have bought a new residential property, you may be incurring an additional cost on getting the interiors done to your taste. Collaborate with the interior designer and help reuse all the antique décor objects and furniture pieces you already own. Reclaimed wood from your existing home can go into making cupboards or cabinets or even a nice dresser for your bedroom. Explore options for reusing and reclaiming existing tiles, stained glass panes, and materials from your current home.
  5. Phased movement – If you are in no hurry to leave your existing residence, if the current property is owned by you or by your family, you can also consider doing away with professional services and moving all your belongings in phases. Pick up your kitchen appliances, books, clothing and personal items as and when you go back home or over weekends. This is particularly cost-effective and convenient, particularly if you own a vehicle. You may finally need a truck or a large vehicle to move larger items like air-conditioning units or refrigerators. Renting a truck will cost considerably less than hiring movers and packers.
  6. Saving on insurance - Most packers and movers insist on insurance while moving goods. Since most are also insurance agents, they charge a hefty fee for providing such insurance. Check the terms of your householders' insurance to see if this covers the move. Alternatively, find an online insurance aggravator who will provide you insurance to cover losses during transport at a low premium. Try checking with your bank or a reputed general insurance company with which you have an existing relationship for pre-approved offers or deep discounts.

Packing and moving into a new home can be stressful, but like all worthwhile efforts, it culminates in joy and contentment. The next phase of the move is setting up your new home, which is just as demanding but brings a lot of happiness. Moving into a new home is a family activity and brings all members of the family together to support each other. Therefore, planning ahead, contributing to the activity, and taking the time needed is essential. Doing so can help execute the need in an organised fashion while cutting down on the budget as well.

 

Finance & Legal