MOVING CALCULATOR
You might be surprised to learn how much it can cost to move. Figure out how much you should budget here.
Why lose equity moving when you can BUILD equity by renovating?
There are a lot of hidden costs when you buy and sell your home. This calculator is here to show you how much it actually costs to change addresses. Does it make more sense to move? Or to renovate?
Current Home Sale Price
$
Enter 0 if 1st time buyer
New Home Purchase Price
$
Any Mortgage Buyout/Penalites?
$
Realtor Fees
$42,000
Property Transfer Tax (on purchase only)
$38,000
Total Moving Cost
How long does it take to save this much money for you?$87,075
Realtor Fee After First $100k
%
(assumes 7% on first $100k), typically 2-3% on the balance
Legal Fees
$
Current Home Sqft
Movers
$
Moving Expenses
$
Desired New Home Sqft, including Garage
New Home Construction Cost,
$
typically $225-$300/sqft for homes >4000sqft and $260-$325/sqft for homes <4000sqft
Floorplans & Interior Design Allowance
$
Permits & Professional Fee Allowance
$
Total Construction Costs
$35,000
Grand Total
$122,075
These numbers are very high level simple allowances/calculations. Costs for construction can vary greatly from jurisdiction to jurisdiction and also vary depending on exsiting site conditions and/or environmental conditions. To get a more firm idea of what a new build might cost where you live, give us a call and we can discuss what steps might need to be taken to determine that.
If you are selling your current home before or during construction, don't forget to add rent, any extra storage you might need, as well as an extra move.
Renovation Costs: there is too much variance to provide an easy to use calculator. Give us a call or fill out the contact form and we can talk you through what those costs may be... That said, we are working on a more detailed renovation and new home construction calculator to help you make an informed decision. So stay tuned for that!