No, self storage units aren’t free. But, they’re well worth the cost if you’re looking for a satellite location that ensures safe-keeping of all of your extra belongings. And, while you’ll want to talk with your individual complex manager to get the specifics of your investment, there are a few things you should have sorted out before even approaching them.
Curious as to what boxes you should have checked before digging in even more? Here are five questions you should ask yourself when figuring out how much your self storage unit will cost.
1. How much do I need to store?
One of the biggest factors when it comes to storage unit cost is the size of the unit that you require. If you’re planning to store larger items like furniture, gym or lawn equipment, or even a piano, you’ll obviously need a bigger unit than if you were storing extra clothing and trinkets.
So, get a good handle on the amount of belongings you need to put into storage in order to have a rough idea of the size of unit you’ll need.
2. Where am I located?
As with anything, the cost of living in your current area can make a big difference in the amount you’ll pay for a storage unit. Obviously, in crowded metropolitan areas like New York City (which also boasts notoriously small living spaces), storage space will be charged at a premium. But, if you live in a more rural or suburban area, your cost to store your belongings will be significantly lower.
Do some research and prepare yourself for how much you can expect to pay for a unit. You don’t want any nasty surprises in the complex manager’s office!
3. What security features do I require?
Whether you’re storing valuables or just random belongings, you obviously want your items to be kept safe. But, the question is, how safe? And, how much is that added security worth to you?
It goes without saying that units with advanced security features like alarms, coded complex access, constant supervision, and climate control will be marked up from your basic unit. But, depending on what you’re storing, that extra peace of mind could be worth it!
4. Do I need 24/7 access?
It’s also important to figure out how frequently you’ll need to access your unit. Obviously, facilities that offer extended renter access hours have a higher overhead. They need to pay to staff the facility for those extra times, as well as the added cost of utilities.
So, if you anticipate needing to access your unit outside of typical business hours, you can expect to pay for that added convenience.
5. Will I require additional insurance?
If you’re going to insure the items in your unit, that’s also going to mean additional cost. Some renters roll their unit into their homeowners policy. But, whatever route you choose, you should be prepared for the fact that there will be additional expenses—aside from just the cost of the physical unit.
Renting a storage unit isn’t free. But, it’s well worth it for getting some of those extra items out of the way and into a safe space. Ask yourself these questions before meeting with a unit manager, and you’re well on your way to finding a fair price for the unit that best fits your needs!
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