Crucial Things to Consider When Relocating
The decision to relocate to a new city or country can be one of the most important decisions of your life, and can change the trajectory of you and your family’s future. Whether you are considering a major move because of professional or personal reasons, it’s important to make sure that you do sufficient research first and plan our your move and relocation strategically.
Here are three important factors to consider while relocating:
1) How is the job market in the new city?
Even if you have already secured a new job, or are moving due to a job offer, it’s vital to look at the trend in employment should something happen with your new position. Look at the salary ranges in your field. Are people in your field or with your degree paid more or less than in other cities? How much in demand would you be if you needed to look for a new job? If you have not yet found employment in the new city, it is much more preferable to wait to move till after you have gained a new position. If you absolutely must move first — i.e. perhaps you your spouse has accepted a new job, you need to help care for an aging parent, you are moving for marriage, you want to follow your life’s dream — be sure you have sufficient money saved ahead that will last a full year.
2) What is the cost of housing, and what are the trends in real estate?
Nothing varies as much city-by-city as the cost of purchasing or renting a home. As we all have experienced, a spacious suburban home in CityX can be ironically far less than a small apartment in CityY. So first consider the type of residence you really want and need. For example, are you looking for an apartment in easy walking distance to public transportation; or a home blissfully out in the country or suburbs where you can have a big back yard for your children; or an apartment in a chic area of downtown; or a small starter home for your young family near good schools? Be sure that the type of residence and location you need is available and affordable. Also do research to investigate if sales are on the increase or decrease. You want to make sure that you avoid buying a house at the top of the market, or in a location where it would be difficult to resell your house if you needed to move again.
3) Does your new city provide you and your family with the quality of life you are looking for?
Make sure that your new city has the schools, after-school activities, houses of worship, cultural activities (such as theater, museums, and sports teams), universities, outdoor activities (such as skiing, hiking, and little-league) that are important to you. Of course, we often have to compromise. Not every city will be able to provide everything we want, and at the cost-of-living we need. But you need to make sure that those aspects of life that are most important to you will be available in your new city.
Once you have made up your mind to forge ahead with your move, here are some important things you need to do prior to the move:
i. Create a moving budget that takes into account all expenses that go into a relocation.
This includes the price for packing and moving; the cost of travel and any temporary stays at hotels as you go from one city to the next; and the cost of transporting your automobiles.
ii. Create a budget that takes into account the initial costs of setting up your new home.
This can include everything from security deposits; the initial mortgage or rental payment; and insurance premiums to new furniture and furnishings.
i. Find a very reputable and top-notch moving company whom you can trust and who is highly rated.
Ask about the insurance your moving company carries and whether they suggest obtaining additional insurance as well. Make sure that your estimate is in writing, that is lists everything you plan to move, and that there will be no hidden costs or surprises.
ii. To pack yourself or not to pack yourself…that is the question!
Having your mover pack for you can appear costly at first. But when you consider the time away from work to get your packing done at home, or the cost of purchasing your own moving supplies— such as wrapping paper, bubble wrap, moving boxes, furniture movers pads, and moving dollies—you may be surprised to find that it could make sense to have the packing done for you. If you decide to do your own packing, be sure that you purchase quality moving boxes that will protect your furnishings. A poor quality moving box can easily be crushed or tear during the moving process. Look for moving boxes with an ECT rating of at least 32. Acquaint yourself with sound packing techniques and the types of moving boxes that are available. For example, books and heavy items should always be packed in 1.5 cubic feet book cartons; dishwater are typically packed in dish packs, and clothing on hangers go easily into Wardrobe cartons.
i. Do all the preliminary work you can to get your children enrolled in their new schools.
Be sure to register them in time for their first day of school and find out about any summer home work if applicable so that they are off to a good start. Talk to your children about their new school and the programs and activities they will get to participate in to help them with any fears they may have prior to the move.
ii. If possible, initiate making friends or professional contacts before moving.
If you are active in a house of worship, that is a great place to start. Look up professional organizations or societies that you might want to join, charitable organizations you have been a part of or would like to donate time to, friends or family of people with whom you are already connected, PTA members of your children’s schools, or future colleagues and coworkers. It is always of great help to begin your new life with as much of a support system as possible.
iii. Remember to take care of your change-of-addresses with all important people and companies.
Don’t rely on your change-of-address card with the post office. Delays in receiving your bills from your utility companies, cell phone companies, credit card companies, mortgage companies, etc. can be disastrous and impact your credit rating go through all your bills to make sure that you will not risk missing any payments once you move. If you haven’t already set this up, online banking is always a great way to avoid relying upon paper bills and the mail.
iv. Remember to contact your auto and home insurance companies to ensure that you are properly insured.
Confirm that your new insurance on your new home is in effect, and that the auto insurance and life insurance companies know of your new address.
Relocation can be a wonderful, exciting experience that will expand your life. Being careful beforehand can help ensure that this is truly the right move for you and your family.
James Levine is CEO of New Haven Moving Equipment. New Haven Moving Equipment has been manufacturing moving equipment for over a century and they manufacture and distribute high quality moving boxes, furniture moving pads, moving dollies, moving equipment and packaging supplies to professional movers and the general public at wholesale prices. New Haven stresses outstanding customer support, quality engineering, and a family approach within the company and with their clients. New Haven can be reached online at https://www.newhaven-usa.com.