We have previously covered many different topics and issues associated with moving houses in Toronto, ON or elsewhere in Canada, but one topic we have yet to discuss is the unexpected monetary costs that can be associated with a house move. And budgeting for a move can be a challenge for many people and the idea of ‘saving up’ to afford to move houses in Toronto, ON certainly seems like a strange idea, but as you’ll see later in this post, it can be a good idea to avoid going into some unwanted debt on your moving day.
Depending on what type of moving situation you are in, there will be different types of expenses. We never seem to factor these costs into the moving process, so in this post we will truly assess how much money you should have ready when planning a house move in Toronto.
1. The first thing to consider is transportation costs. Whether you are planning to hire professional Toronto movers or load up a van by yourself, you will inevitably have to spend some money on transportation.
Many Toronto moving van rental companies include extra costs depending on how far you are moving, not to mention a stipulation that you must refill the truck with gas upon its return.
On the other hand, a Toronto moving service will generally cost you more than hiring a moving truck yourself, but with Toronto moving companies that value excellent customer service, you can trust that your items will arrive safely and in good time. This way you don’t have to deal with the added stress of planning your move around van availability etc.
2. Destination. Depending on where you are moving to in Toronto, there may be a number of extra costs associated with moving houses that are not necessarily related to transportation.
For instance, if you are planning on renting your new digs, there will almost always be some kind of security deposit required, but for certain managed apartment buildings there are likely to be extra charges such as move in fees, FOB rentals, parking spot fees and move-in damage deposits.
3. In addition to all these preliminary moving costs, it is likely that there will be some secondary costs associated with moving that you may not have taken into account. For instance, people are often either upsizing or downsizing when houses, so either buying new furniture to fill out certain spaces, or disposing of old furniture that won’t fit in your new space is likely to cost you more money.
While some people will make the necessary plans for these kinds of extra expenses, most people will not budget effectively to take into account all of these factors.