Real Estate

Preparing for New Home Expenses: Common Post-Move In Costs

January 26, 2019, 11:58 AM HST
* Updated January 29, 10:21 AM
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*Today’s question has been answered by Sharon Robinson with Movement Mortgage, NMLS #39179

Preparing for new home expenses
Common post-move in costs

Money for style

With a new home comes the need to decorate. It’s fun buying new furniture but the costs add up.

The Target home decor section can have your wallet feeling lighter than usual because who doesn’t love to roam the aisles for decorative pillows?

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Create a budget for decorating and stick to it. You can create a Pinterest-worthy home without maxing out your budget. Hello, Craigslist finds.

PC: Courtesy of DESIGNECOLOGIST

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Money for necessities

The main priority is to buy appliances for your new home. You’ll need them for cooking, cleaning and for your overall sanity. Without fridges, ovens and laundry machines, we may as well be living in the stone age.

Remember, appliances aren’t cheap, so shop around for deals and find what’s right for you.

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Money for services

Utilities are necessary for any household. First, figure out what utilities you will be using. Are you using streaming services? What power company are you using?

Make sure to budget properly for them. If you have a roommate, talk about your utility options and split them up evenly.

Money for repairs

We’re talking about renovations. You may have purchased an older home with the hopes of making it your own and that requires time and money.

Courtesy photo REMN.

You purchased the home under budget due to its need for repairs. They don’t come cheap, so make sure you’ve allotted enough to create your dream home.

Follow these tips, and you’ll be financially ready to move into your new house and make it a home. Happy home owning!

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