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Update: More so now than ever, doing thorough research is the key to getting good deals on all things to do with moving home. Luckily these days it’s much easier than it was in 2004! Every service provider has an extensive website, and if you’re looking for a local company that rents trucks for moving day, then even the smallest and least expensive operation will be listed online. Sights such as craigslist are excellent for finding temporary help with your move, and you can often pay much less than with bigger companies.

What does it cost to move?

It may cost as little as a few hundred dollars to rent a truck and buy the necessary packing materials. A typical three-bedroom home will take about 40 to 80 hours to pack and about half that time to unpack for a total of 60 to 120 hours. You can do this yourself, if you have time, or hire a moving service to assist with the packing or just loading and unloading the truck and moving the larger furniture.

For estimation purposes, use $25 per hour, double this hourly rate if you live in an expensive area, if you want to hire a full service moving company. For packing and unpacking, the total would be between $1,500 and $3,000 for labor and then the cost of travel time and the truck. If it is a local move (less than 100 miles), it can be as little as another $500 for the transportation or $5000-plus for a long distance move. All the above estimates are based on a typical three-bedroom home with an average amount of belongings; your costs for moving will vary.


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The following table describes some of the costs to move and their typical amounts. Each individual’s circumstances are different so these costs may or may not apply to you and if they do then the actual cost could be higher or lower. In any case, you should be familiar with these costs as you try to decide if you should remodel or move.

Description

Cost

Listing sales commission Six percent of home sale price
Home preparation prior to selling $0 to $9,000
Moving $500 to $5,000
Furniture, appliances and decorating your new home $1,000 to $10,000
Miscellaneous fees and services Two to three percent of home sale price
Increase in property tax $0 to $10,000 per year

Total for a $200,000 home

$15,000 to $50,000+

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