Yorkville Realtor on Home Inventory Benefits

yorkville il real estate agent

Moving can be a big project to undertake. The more organization and planning that is accomplished beforehand the easier this process will be. Researching moving companies, donating items to charities, acquiring the right materials, and sorting through your belongings are all important steps. One task that will help every part of the moving process is taking inventory. This can save both time and money. Professional Yorkville IL real estate agent Lauralee McElroy shows you how.

The Importance

The first reason to make a comprehensive list of your belongings is to expedite the packing process. There will be items that can be tossed, others that can be donated, and then the items that you want to keep. By taking an inventory you will be able to determine what goes where before you begin packing. This way, when the time comes for the big moving project, all the decisions have already been made. This will save you a good deal of time. Another benefit of taking an inventory is that you can have an accurate estimate of how much you will need for insurance on your belongings. It will also come in handy if you have to file a claim in that case that your property gets damaged. You’ll have to do some research to find out the exact value of each item, however, by having an inventory you will be one step ahead of the game.

How to Do It

This can be done by creating a simple spreadsheet with the following columns:

  • Item
  • Description
  • Estimated value
  • Receipt/Serial No.
  • Location

Work through your home room by room and record every item. To streamline the decisions when moving, make a list of items that can be donated and items that you will toss as well. Taking pictures as you go can also be helpful. You’ll be able to put things in their correct categories by looking at a picture in less time than reading through a lot of text.

Long-Term Benefits

There are some benefits of having a home inventory that are more long-term as well. Estate planning is a good example. When determining what will happen with your property after you are gone, a home inventory will inform you of what you have and its value. Also, in the event that your property is damaged or stolen, you have a record to make settling claims much easier.

For more help preparing for your next move contact Realtor Lauralee McElroy today!