📜 How Often Do People Move And What Does It Require
It is no secret that relocating to a new house may be quite expensive. However, most especially when you are involving a professional moving company. Here’s what you need to know when choosing between Moving containers or Trucks.
To relocate without hassle despite of how expensive hiring movers are, it is the easiest, convenient and efficient way.
In this article, we are going to discuss how much it cost to move.
Based on the statistics released by the US Census in 2016, 11.2% of Americans relocated in that year alone.
The reason for the relocation has analyzed and was relate to housing, family, and employment.
Moving often comes with one question: how much does it cost to move?
There are quite a number of moving expenses one needs to bear in mind. Some of which are changes of amount spent daily. How to balance/two mortgages and rent. The cost of moving your belongings from the old location to the new one.
This article gives an average moving expense that will assist you in your estimate.
💱 Is There a Difference Between Local and Interstate Move Costs
A local move is quite different from the interstate move.
Local move which often called intrastate move is a move within the same state.
On the other hand, Interstate move is a long distance move across different states.
Below is a look of the cost in hiring a moving company for both local and interstate move.
🤷♀️ How Much Does It Cost To Move
The cost of moving vary and depends on the region, distance, and the moving company. Every moving company has its own system for estimating how much does it cost to move.
However, the average costs for moving whether long or short distance according to HomeAdvisor is given below.
💵 How Much Does Local Move Cost?
According to American Moving and Storage Association, the average cost of local/intrastate household move is $2,300 for four movers. An hourly rate of $200 based on an estimated average weight of 7,400 pounds.
The price of an intrastate move is usually based on flat dollar cost per hour. Thus, what constitutes local hourly-rate differs from state to state.
For instance, in some states if a customer moves a distance of 50 miles and above. The cost of the move will depend on the weight of the shipment rather than the normal hourly rate.
All states vary in rules. So, ensure to find out what your state moving rules are. In order to know how much does it cost to move on that certain location.
🗺️ How Much Does An Interstate Move Cost
According to American Moving and Storage Association, $4,300 is the estimated average cost of an interstate move. This is based on the average weight of 7400 pounds and an average distance of 1,225 miles.
This average also contains packing and other services that may be required.
The interstate move is based on the weight of the delivery in addition to the distance covered and labor costs unlike the intrastate move.
You should ask your mover to provide a written estimate of the entire cost of your move.
If it’s possible, you can request for a binding estimate as it provides a clearer and accurate estimation of your move.
☎️ How Far In Advance Should I Book Movers for A Long-Distance Move
The best time to book a moving company for an interstate move is six to nine weeks before your moving date. This should be done to prevent disappointment and reduce the stress that associated in moving.
What Do I Need To Know Before Hiring A Mover?
It may be quite challenging to hire movers if you have never done it before. You can ask the following question when speaking with a moving company:
• Ask for a U.S. Department of Transportation motor carrier number and/or registration number: About twenty-eight US states require movers to complete both state and US Department of Transportation Registration. You can check protectyourmove.gov. for registered mover’s complaint history.
• You should know how long they have been in business: You should look for a well known company that established reputations.
• Obtain a copy of the tariff. It has the list of items that a person could be charged.
• Request for information on the moving crew’s status with the company: You need to know if they are employed by the company, casual laborers or temporary hires.
• Demand a copy of the mover’s bill of lading, liability insurance as well as valuation coverage policy: Movers are expected to assume liability for the worth of the items they convey.
There is a no-cost option called “released value” which provides small protection for movers to cover damages that may occur at 60% per pound.
“Full value” has more comprehensive option but its cost differs.
• Get a timetable for the move: It should have the packing as well as the arrival date.
🚶 How Much Does Self-Moving Cost
It is easier if you own a truck or have a friend or family member that owns one, to just self-move your belongings from your old home to the new one. If that is not the case, then you should have to hire a truck from a rental company.
The cost of renting a truck depends the type and size of the truck and the location you pick up the truck.
You should locate a rental agency in your area to know exactly how much it cost to rent a moving truck.
It is important to include in discussion if how much does it cost the possible tools you will be needing at the time you move in your new house as you arrange your things.
➖ Are Moving Expenses Tax Deductible
Moving expenses are usually deductible from taxes when a person meets IRS requirements.
You don’t have to list your deduction on a schedule A to enjoy the benefit as it is on the front page of the 1040 form.
To deduct your moving expenses, you must relocate for a new job, or be moved by your employer.
Your new job should be at least 50 miles away from your old home for the move to qualify for a deduction.
Moving is not much fun, however, it can be done easily and professionally when you hire a moving company.
The size of your belongings should determine if you should hire a moving company or self-move. With all that we have discussed in this article, the question of how much does it cost to moved has been answered.
Both local and interstate move varies in cost and it all depends on the region, distance and the company involved in the moving.
As you already moved in your new house a preparation for your home maintenance must also be discussed in order to prepare the possible costs needed.
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Here’s How to Make Money During Your Next Move – by ImmoAfrica