The United States is in the midst of a full-blown affordable housing crisis, which is thanks in significant part to the cost of housing outpacing the average income growth in the United States for the past few years.
Many freshly graduated millennials and members of Generation Z are left with only two viable options – Move into an overpriced apartment with multiple flights of stairs and roommates or move back in with Mom and Dad.
Urban areas are feeling the brunt of this housing crisis, but living in a densely populated area provides another option: Co-living in a community building.
Co-living has grown in popularity and, now more than ever, has become a viable option for young adults trying to save money towards their first apartment or house, which, if you follow trends in Denver metro home prices, can be tricky.
Here is the definitive guide to co-living and why: if you are ready to try communal living, you should hire one of the best long-distance moving companies in Denver, DTC Movers!
The price of a new home in Denver is astronomical, and even an affordable one-bedroom apartment can be almost impossible.
Co-living is a viable solution, but what exactly is co-living? Although the concept of co-living isn’t new, it is becoming increasingly popular.
It involves multiple people living together in a furnished home or complex with shared living spaces.
Each person has a private bedroom and sometimes bathroom but shares the other areas in the property with their fellow renters.
Think Beyond a Traditional Studio Apartment: What is Included in Your Co-Living Monthly Rental Payment
In addition to sharing physical space, the tenants split the bills, or the cost of heating, electricity, internet, and other amenities is included in the rent.
Here are a few amenities typically included in your co-living weekly or monthly rent:
- Shared resources
- Lawn care and snow removal, where applicable
Some different types of co-living spaces include:
- Shared housing
- Co-operative housing
- Dorm-style living
- Themed or co-living retreats
A Hassle-Free Living Experience: The Benefits of Co-Living
If you could live anywhere in the world, where would it be? Now, base your long-distance move on the cost of housing alone; it probably narrowed down the options.
Co-living allows residents of major cities and tourist destinations to save on rent, utilities, and short-term housing costs.
Here are some of the benefits of packing up your belongings and opting for shared housing:
If you can’t enjoy a traditional one-bedroom in Denver or another major city, co-living is a great way to save money while enjoying the benefits of big-city living.
When you realize the average cost of co-living, which can be as little as $600/month in major cities, you will want to contact full-service movers and check out the top 10 U.S. relocation destinations!
Flexibility of Long and Short-Term Leases
Are you a digital nomad, or do you travel a lot for work and cannot see the point of hiring professional movers when you relocate to a new city or state?
The rise of digital workspaces has allowed people to make money almost anywhere and for a shorter period of time.
Most co-living spaces provide flexible lease opportunities, including a week-to-week or month-to-month contract.
Do you enjoy the convenience of a digital workspace – Here are some insights into remove work’s impact on moving trends.
The Cost Savings of Shared Amenities, Shared Resources and Social Interaction
You only have a few items to pack and box up before your next move, and you aren’t sure if you need to purchase any necessities to live your day-to-day life.
Co-living often means sharing your life with other people and sharing resources usually provided by property management.
If you don’t want to pack up your coffee maker, bed frame, and flat-screen television every time you move, don’t worry; these are other necessities typically provided.
Shared Living Spaces and Shared Chores
Don’t like doing the dishes but love vacuuming? Do you hate taking out the trash but don’t mind cleaning counters?
Your busy lifestyle doesn’t afford the opportunity to keep a neat and tidy home, but when you co-live with other tenants, you can share the responsibilities of keeping your mutual living spaces clean!
Now that you have a sense of what co-living entails, before you hire a moving truck and start packing your stuff, it is time to consider the downsides of this contemporary living arrangement.
Whether you decide moving from Colorado to San Diego to co-live is the best option or are considering apartment moves to any other top 10 U.S. relocation destinations, it is essential to consider the cons of co-living, including:
Say Goodbye to Your Privacy of An Entire Apartment
The moving process was long and stressful, and you are ready to settle in and unwind in your new apartment. You value your privacy, which will be at a premium if you opt for co-living.
Be prepared for the real possibility that after your long-distance or local move in Denver, you won’t enjoy the same level of quiet and privacy you would in a co-living space.
A Lack of Space
You’ve accumulated a lot of stuff over the last few years and are worried that your new location won’t accommodate your furniture, valuables, gadgets, or other household items.
In most cases, your private space will be limited to your bedroom and perhaps a small storage area. If this is the case, consider moving containers and short-term storage while you find a more permanent solution.
Most moving companies will get your stuff from Point A to Point B, but if you are moving to one of the top 5 affordable U.S. cities or moving from Denver to Boulder, contact DTC Movers and ask about our white glove moving services.
Be Prepared to Share Your Household Goods
Do you covet your favorite expensive organic peanut butter, or don’t want to share your expensive espresso machine with anyone?
While creating a moving plan or pricing rental trucks, consider that you will need to share cabinet and counter space with potential strangers. Read the fine print on the lease to understand the terms and ensure your private property is safe.
Lack of Availability Outside Major Cities and Tourist Destinations
Co-living has been a popular option across the globe for years, and it is now becoming more predominant in some of the biggest cities in the United States, from New York City to Denver, Los Angeles, and Houston.
Unfortunately, suppose you want to secure a rental truck and relocate to some of the best neighborhoods in Denver, especially in the suburbs or smaller communities in the metro area. In that case, co-living spaces are simply not available.
Tips for Hiring a Full-Service Moving Company in Denver
Moving day is fast approaching, and you still haven’t found the right professionals to help plan and organize long-distance moves.
Where Do You Start?
From finding a company that can provide you with Denver to Dallas: Moving Insights to the right pros who can help you decide between Fort Collins vs. Boulder: Living Guide, here are a few simple tips to help you find the right movers to handle all your needs:
- Check online reviews: Visit popular rating websites for honest reviews from people with experience organizing long-distance and local moves.
- Ask friends for recommendations: Look to friends, family, neighbors, and coworkers for advice about short-distance or long-distance moves.
- Watch for common red flags: Whether you are planning major or small moves, be wary of moving companies that charge for a moving quote, ask for a payment upfront, or charge hidden fees.
What Are Some Lesser-Known Fees to Expect When Hiring Long-Distance Moving Companies?
At DTC Movers, we are always transparent with our pricing, but there are some fees you might not be aware of, including:
- Disassembling large pieces of furniture.
- Long-haul fees involve carrying objects far (over 75 feet) from the home to the moving truck.
- Stair fees for lugging boxes and furniture up and down stairs.
Don’t worry because, at DTC, we are upfront and can provide you with many helpful tips about the moving process, including the Essential Guide to Moving to Virginia and a Denver to Boise Moving Guide.
DTC Movers: The Best Long-Distance Movers in Colorado
We don’t mean to brag, but when you hire DTC movers, you work with a professional Denver team that can plan and execute a full-service move.
There is no such thing as a small move to our team, and no matter the size and complexity of your relocation, we can help!
Our crew always keeps a finger on the pulse of the moving industry.
It can offer you tons of advice and information about moving and the ins and outs of living in different areas of the country, including Inflation and Its Effects on Colorado Movers and Real Estate Trends Through the Moving Industry!
We Offer Packing and White Glove Moving Services
Don’t have time to pack up your most precious belongings? No problem!
We offer comprehensive packing services and also sell all the packing supplies you will ever need, from cardboard boxes and tape to packing paper and bubble wrap.
Unlike other Denver movers, our team also offers White Glove Services, including:
- Custom crating
- Specialized moving, including piano movers
- Storage services
- Labeling and expedited delivery
What makes co-living and co-working spaces appealing to a Millennial?
Millennials are a unique generation forced to search for high-paying jobs that typically cannot cover a month’s rent.
Understanding the costs of moving across the country is only one reason why sharing spaces with others would be financially appealing to a younger generation.
In addition to saving money, co-working and co-living allow young parents and recent graduates the ability to put cash aside to purchase a home.
This goal is not always possible when you pay several thousands of dollars in monthly rent.
Forget the weekends; if you want to save money on full-service moving expenses, plan your relocation for a Tuesday or a Wednesday!
Fewer people move mid-week, meaning the demand is not as high, more dates are available, and the prices will be lower.
Now that you are saving money on moving, you can concentrate on finding the ideal place to call home.
Are you considering Aurora? Read this Denver vs. Aurora: Comparative Living Guide first.
Are two men enough to move my one-bedroom apartment?
Long-distance moving companies charge by the mileage, estimated weight of your goods, and other factors.
One factor is the number of people required to pack and move your belongings. In most cases, a two-mover crew is enough to relocate a studio or one-bedroom apartment.
Planning and executing a long-distance relocation might seem like a logistical impossibility, but with the right help, it is possible.
The best way to plan your long-distance or local move is to start early, make sure you work with a great moving company, and, of course, pack a separate bag for your first night in your new house.
To learn more, check out this simple guide, Cross Country Moving: What to Expect.