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Four Ways A New Home Could Cost You

By Cornelius Nunev


Moving to a new city consists of lots of unknowns. There are several expenses, however, that many people forget when they are considering a new place.

Keeping the area warm

You need to determine what your heating and cooling costs are going to be before you move in and prior to signing a contract if possible. You can end up with a $600 bill related to heating expenses if it is not clearly stated who is responsible for it in your lease. You need to figure out how the apartment is heated and about how much that costs per month typically.

Work out parking ahead of time

Moving to a brand new area of town or a brand new city could mean that you will end up paying more for something you previously had not considered: parking. Some apartment complexes will contain a single parking space, and some homes will consist of a driveway to park your car. Not every rental includes a place for your vehicle to live as well as you. If parking is an issue in the town where you are moving, be sure that you have checked out the availability and cost of parking at your new home.

Do you have an excessive amount of stuff?

A lot of times, you need to downsize when moving to a brand new place because you are sharing it or it is smaller. If this is the case, you may need to sell and give away a lot of the stuff. If you need to keep it, you can get storage at most places, but it is an extra cost. You may have to store stuff while in the moving process. Consider that you may need storage and spending budget for it in the future.

Garbage and recycling

You may be responsible for city or state charges for garbage and recycling if it is not already covered whenever you are renting. Most apartments consist of these bills, but a ton of houses will not. Make sure you check your lease to see what you are responsible for, and make sure you pay for the city service if you have to. Sometimes you are able to make arrangements with other tenants in case you are in an apartment complex to get your trash taken together.




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