(Selling your home is only half the financial picture—don’t forget where you’re going next)
Most sellers focus only on what it costs to sell their home—agent commissions, closing costs, a few repairs. But here’s what a lot of people overlook:
Selling one home usually means moving into another.
And that’s where unexpected costs start to pile up.
Whether you’re buying your next home, renting for a while, or moving into a retirement community, you’ve got more expenses coming your way than just escrow fees. Think about it:
What sellers often forget to budget for:
- Moving costs (trucks, movers, boxes, supplies)
- Utility deposits for setting up service at your next home
- New furniture or appliances—especially if you’re leaving yours behind
- Storage unit fees (common if there’s a gap between closings)
- Cleaning costs for your old home and the new one
- Interim housing or temporary lodging if timing doesn’t line up
Even small things—like restocking household supplies, changing locks, or setting up internet—can add up fast. And if you’re moving into a completely different type of housing, like a retirement community or condo, you may be looking at upfront fees, membership dues, or deposits that catch you off guard.
House Karma Tip:
Start planning for the full picture—not just what it costs to sell, but what it’ll cost to land comfortably in your next home. Talk to your agent about potential move-out costs, and make a list of what you’ll need to replace or set up in your new place.
