What’s a Good Reason to Move? Should I stay or should I go? Sometimes it is hard to know whether you should stay in your current place or move into a new apartment. If moving out is going to save money, keep safe, or accommodate your growing family, then you have a good reason to move.
Life changes are the most common reasons to move into a new apartment. Marriage, divorce, or a new baby are all common life changes that warrant moving to new digs.
In each of these scenarios, the size of a family changes and living space becomes an issue. Your apartment may have been a cozy bachelor pad, but when the baby takes over, it’s time to upgrade to a bigger place. Likewise, if you shared a three-bedroom apartment with your former spouse, it probably doesn’t make financial sense to stay there you get a divorce. If the absence of his belongings leaves you with an empty room or two, you’re probably better off in a smaller place paying lower rent.
A new job is another common reason to move. If your apartment isn’t convenient to your new job, you could end up wasting valuable time on a long commute, not to mention hundreds of extra dollars in gas money. But if your new job is still local and you’re on the fence about moving, do the math. First calculate the amount of money you’ll spend on gas, car maintenance, and rent if you stay out your lease and commute to your new gig. Then total up the cost of moving: consider any fees for terminating your lease early, estimate the cost to move your belongings, and add in the expense of a security deposit and paying rent in a new place. If the cost of moving outweighs the cost of staying put for the rest of the lease, then it’s best to commute until your lease comes to its natural end.
If your new job is far away, you may be able to negotiate a relocation allowance with your new company. The company might cover the cost of your move, any fees for breaking your lease, and even set you up with temporary housing until you find a new apartment. If your company won’t foot the bill, check and see if any of your moving expenses are tax deductible.
Neighborhood climate Neighborhoods change over time — for better or worse. If you’re considering moving out because your neighborhood has become unsafe, follow your gut. You can’t put a price on your safety.
However, even a positive change in the neighborhood can warrant a move. Traffic and noise can increase as new businesses and residences pop up in gentrified areas. If it becomes a hassle to access your apartment or get a good night’s sleep, it’s time to move out.
Management change can be another good reason to move.
If new management is unresponsive or neglectful, move on when your lease is out.
Not sure if your new management is truly bad?
Look for the following warning signs:
- Maintenance requests go unanswered
- The condition of apartment community grounds deteriorates
- Property managers avoid dealing with tenants
- Leasing office staff are inexperienced or rude