Hidden Costs of Home Relocation and Ways to Minimise Them


Detecting defects
Costing of Redecorating
Property Transfer Fees
Home Insurance

What is the true cost of switching homes in Pakistan? Well, home ownership anywhere in the world comes with its own sets of perks and problems. In order to save themselves from the pains, some people opt for renting an apartment rather than buying a house. Whether it is paying movers and packers, property taxes, or insurance, some of these costs are going to break your bank accounts if you haven’t planned in advance.

Just like we’ve shared the definitive answer to what’s the best time to sell a house in Pakistan, previously. Through this post, we will solve yet another home ownership problem for you and help you understand the basics. 

Let’s begin!

Hidden Cost of Switching Homes in Pakistan

We have listed the most important cost of switching homes in Pakistan below:

  • Detecting defects
  • Costing of redecorating  
  • Conveyance fees
  • House Insurance

Detecting Defects

Cracks on Ceilings
Cracks on Ceilings

Even if you’ve bought a home in the top-shape, you’ll meet certain faults or things that aren’t as per your needs. It can increase the repair expense. This is the case for used homes or the space that hasn’t been custom made. We have listed a few conditions where detecting defects : 

  • Cracks in frail slab
  • The dropping of sides, distorted wooden floors, and overflowing the toilet. 
  • Incomplete work of electrical wiring
  • Water leaking, seepage, and molds 
  • House infestations 

Solution: To minimise cost of switching homes in Pakistan, make sure to survey the infrastructure of home repairs and get in touch with a professional builder. Hire home inspectors before shifting to a new house. You should also determine what kind of security and insurance your new residential place provides.

  • Read and scan closely before making a purchase. 
  • Don’t rely on a warranty if defects are visible, inform the homeowner’s purchase insurance, and report problems to the builder as soon as you notice them.

Costing of Redecorating

If you’re shifting to a second-hand home, it isn’t going to be as per your needs. 

As such, it is very common for these properties to lack your desirable character in both interior and exterior. Moreover, fixtures including door frames, window coverings, decks, fencing, and landscape lightings are not going to be as per your taste. 

So, if you want to make it feel like home and a place where you belong, each of these missing items will be included in the expense. 

Solution: Before making an offer, you should ask what is included in the price of your home. Take notes of what is missing and do some research to figure out the cost of each item.

  • Make sure to include that this purchase is within your budget. If you can’t afford to pay for them out of your savings then get the builder to pay the closing costs, it might free up the cash you need for the washer, blinds, sod, and dryer.
  • If that proves time-wasting or too expensive, look for a new home that comes with all the essentials, or consider a property that is brand new and should have enough lived-in spaces that the previous owner has inducted all the missing necessities. 

Property Transfer Fees

Transfer Fees
Transfer Fees

Property ownership anywhere in the world is coupled with hefty fees and taxes. In this case, Pakistan is no different. We’ve mentioned some of the common types of property fees in Pakistan that are applicable to both buyers and sellers below:

  • Sales Deed Charges 
  • Capital Value Tax
  • Stamp Duty
  • Property Tax
  • Registration Fee
  • Town Tax
  • Capital Gains Tax
  • Withholding Tax

Solution: Property transfer fees can quickly mount when buying a home in Pakistan. Your estate agent will often recommend an advocate, but that might not always be the best option, and could not carry out as you expect. Take a look at JagahOnline Blogs where we share updates and guides on property taxes in Pakistan. 

Furthermore, there are firms out there who will work on a considerable price basis. It is best to keep these things on your list before relocation.

Home Insurance

Home insurance in Pakistan is best for property owners since it guards your home against unforeseen conditions. It is more likely an investment rather than an expense. 

If you want to buy, you’ll need ‘building insurance’ to cover the cost of rebuilding your home after any sort of mishap, while ‘contents insurance’ is to cover your belongings against any damage or theft.

  • If you’re renting, you’ll only need to take out contents; to insure the building is the job of your Landlord. 
  • You can take a look at your moving costs calculator to help you budget the overall amount.

This was our post on the hidden costs of switching homes in Pakistan. We hope that the blog has provided you the information you seek.

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