Moving Costs In Waterloo Region
Last Updated on November 12, 2020
Are you planning on moving within or to Waterloo Region? Or maybe you are in the middle of a move?
At easy Home Realty, we can relate to all of the emotions you must be feeling. We know how stressful this event can be with the moving costs, and we want to make sure your moving experience is as smooth as can be.
Although moving is exciting, it comes with a lot of details to consider. So, where do you start? There are so many things to do, that it can even feel endless. It starts with packing your belongings, moving all of your boxes to a new home and then finally sorting everything out. It sounds simple enough, but we know the truth. It’s not, there are so many things in the middle that need to be considered. You may have hired a moving service to help you out, and even then, things can feel overwhelming.
Luckily, we’ve created a guide to help you learn what you can expect to pay for moving and how to hire the perfect company for the job, so everything goes smoothly.
Guide To Moving Costs In The Waterloo Region
Below, we break down the costs of moving within the Kitchener/Waterloo Region and how to prepare yourself.
Factors That Affect Cost
We want to provide as much help as we can so that when beginning your move, you’ll have peace of mind. There are many factors that you need to take into consideration, so we’ve outlined a list below:
Moving and Packing Estimates
Some of us may not be capable of lifting, so extra assistance could be needed. You will most likely expect higher costs, and you’ll want to make sure you budget around that. This includes things like packing, loading, unloading and unpacking, and you can expect an upwards of $520/hour in costs.
However, this is only an average cost, and there are several factors from the size of your home to the number of items that you’re moving that will determine the price, plus any other requirements. Always consult with the company about certain rates. To help keep these rates lower, ask family and friends to lend a hand. It’s a great way to save a little extra cash down the road.
Moving Truck Rental Costs
Are you looking for a budget option? A great solution is renting a truck or van and getting help from family and friends (you may need to bribe them with some free pizza). The cost will vary on these depending on the size of the vehicle you need, how long to move, and the distance. For renting a truck, you are looking to spend anywhere from under $65 to over $2,600. This option is great for those who don’t mind physical labour. Sometimes the savings don’t always outweigh the time and labour of a move, it’s all up to you.
Timing of the Move
Deciding when to move can be one of the biggest factors in the cost of your move. For those of you looking to move in the Summer, rates are most likely going to be a lot higher due to how busy it gets around this time. The same goes for the holidays. If possible, holding off until off-peak seasons, like September or later, can help reduce the cost and stress.
With most professional moving companies, they will include basic liability coverage. This coverage is approximately 60 cents per pound per item. If you’re looking to get the full-value protection, then you’re looking at higher costs.
Moving Company Costs
If you are currently in the process of moving, then you may be curious as to the cost of hiring movers. For moving within the KW Region, the average cost can range from $600 to $1,700. Again, there are factors that will impact this cost; these include: having the movers pack your belongings on top of move them, and the timing of your move. Is it peak season? Beginning or end of the month? These are the things you need to ask yourself as you plan your move.
Common Moving Company Estimates
When hiring a moving company, you want to make sure that you are comfortable with them. If you’re going for the whole package, most moving companies provide an in-home estimate to get an idea of the amount of stuff you have to do a proper quote. They can also see the layout of your home to see if there will be difficulties through the process.
When it comes to moving companies, there are 3 types of estimates that you’re looking at:
- Binding Estimate – This requires you to pay only the stated price, even when the shipment weighs more or less; does not cover shipping extra goods.
- Non-Binding Estimate – This does not guarantee the final moving cost, but the mover can’t make you pay more than 110% of the estimated amount at the time of the move. For extra services, you must pay any additional charges within 30 days of delivery.
- Not-To-Exceed Estimate – This is based on the price on the binding estimate or the final cost, depending on which is lower.
Hidden Moving Costs
The price of moving to a new home is more than just packing boxes and calling on a moving truck. It’s important that you keep other costs in mind. Consider the following, so you – and your budget – are well prepared:
- Costs to move specialty items – There are unique items, such as statues and pianos that could require you to hire specialty movers at premium rates.
- Temporary lodging and storage – Sometimes the closing dates to your new and old homes don’t exactly match up, so you may need to find temporary accommodations for you and your family until your new home is ready for move-in. You’ll also need to consider all your belongings. Where will they go? Renting storage space is an ideal route when you’re moving, here are some benefits of renting a storage space.
- Lost wages – A move can be very time-consuming, so depending on the time, you may need to miss a few days of work. Not everyone has the option to use paid vacation days. It’s good to plan your move for the weekend and try to get as much done as you can in that time frame so you won’t have to worry about wages.
- Bridge mortgage – Some people end up jumping the gun and purchasing a home before they sell their old one, this could lead to being stuck wothout a down payment for your new home because of the equity. A bridge mortgage is a great solution in this case that is a short-term loan that helps borrowers.
- Utility connection fees – Depending on your situation, you may need to get certain services transferred to your new home like your phone, Internet, and cable. There’s also a possibility that you’ll need to get in touch with the hydro company to help get your connections situated. When sending out a rep to your new home, a labour fee could be added, so that’s something you may want to take into consideration.
Tips On Hiring
One very important thing to take into consideration is that moving companies have access to all your personal items, so you want to hire the best. You need to feel comfortable with the company and trust their service. To help you weed through the candidates, we’ve showcased a few things you will want to check before hiring:
Read Reviews – Whether you were referred or read a sign, it’s essential you check their rating and their credentials to get a better feel of them.
Get Multiple Estimates – The experts suggest that you want to compare 10 different companies before settling on one; this way you make sure you are getting the best prices and the policies that are a perfect fit for you.
Ask Questions – You want to ask many questions before deciding on a company, such as a rate structure, payment terms, extra and hidden fees, the company’s history, packing services, storage services, insurance, and what you can expect on move-in day.
Need help finding a perfect neighbourhood for your family? With our extensive list of neighbourhood guides – under the communities tab – you’ll be able to find your desired location.