Alex Featured on Mortgage Vault Podcast

Read Time: 3 minutes

Moving into a new home can be an exciting but expensive experience. From hiring movers to purchasing new furniture, the costs can quickly add up. The good news is with some careful planning, you can save money during the big move and even after you throw out the Welcome Mat.

Here are some tips to help you save money when moving into your dream home.

Declutter before you move. Before you start packing, take some time to declutter your belongings. Getting rid of the items you no longer need can help save you money on packing supplies and moving costs. Consider hosting a garage sale, selling items online, or donating to charity. Not only will you save money, but you’ll also start fresh in your new home with only the items you really need and use.

Pack yourself. One of the biggest expenses during a move is hiring professional movers to pack and transport your belongings. If you’re looking to save money, consider packing yourself. You can purchase packing supplies at a discount store or online and pack your items at your own pace.

Compare quotes from moving companies. If you do decide to hire professional movers, be sure to compare quotes from multiple companies. Prices can vary greatly between moving companies, so it’s important to do your research and find the best deal. Don’t be afraid to negotiate with the moving company to try and lower the cost.

Rent a moving truck. Another way to save money during a move is to rent a truck and transport your belongings yourself. This option requires more effort on your part, but it can save you a lot of money. You can rent a truck from a local rental company or even from a big-box retailer. Ask friends and family to help you load up the truck and even unload – especially when you are moving larger items such as furniture and appliances.

Look for deals on furniture. After you’ve moved into your new home, you may be tempted to purchase new furniture to fill the space. However, buying new furniture is expensive. Look for deals on furniture at discount stores or consider purchasing gently used furniture from online marketplaces or thrift stores. You can also repurpose items you already own to fit your new space. A reminder to avoid purchasing new furniture and even appliances on credit prior to closing on your new home.

Save on utilities. Finally, to save money after you’ve settled into your new home, look for ways to save on utilities. Consider installing energy-efficient light bulbs and appliances, lowering the temperature on your water heater, and using a programmable thermostat to regulate your home’s temperature. You can also save money on your water bill by fixing leaky faucets and using water-saving showerheads and toilets.

Moving into a new home doesn’t have to break the bank. By decluttering, packing yourself, comparing quotes, renting a truck, looking for deals on furniture, and saving on utilities, you can save money during the move and after you settle in and begin to enjoy the benefits of homeownership. Many of our Loan Originators also have tools to help you move stress-free. Give one a call today to learn more!

Equal Housing Opportunity. Axia Home Loans is a registered tradename of Axia Financial, LLC. NMLS 27830.