Decisions can sometimes be difficult to make
Decisions can sometimes be difficult to make. Just like deciding what to have for dinner or when should you wash the car, buying something as abstract as a storage container can be a task to be reckoned with. When it comes to finding the perfect place for your belongings, you don’t really have too many choices to decide on. Should it be a storage container? A storage facility? Your house?
You can store things in your own home, which will cut down your own living space considerably. You can find a rental facility where row upon row of identical garage-like units are waiting to be filled with your things. These are often miles from your home with a waiting line to get into the main driveway to your space. Or, you can vow to never, ever buy more than you use. Nice thought. Not practical.
Next in deciding what form of storage you’ll end up with is the question do I rent? Do I lease? Do I buy? If the storage you’re considering is something you might want to own for the long haul, you of course buy. If you need storage for only 30 to 90 days because your new house won’t be ready, then you would rent. If however your financial situation is such that you need storage for a lengthier amount of time, say 6 months or more, you might want to consider leasing your space.
Typical monthly rates for self-storage units can run $45 - $55 per month on a 5’ x 5’ unit, $80 - $175.00 per month on a 10’ x 15’ unit, or over $200 per month for a 10’ x 20’ unit. But this isn’t the only amount you should expect to pay. Very often you should consider a lockbox which isn’t furnished by the self-storage office, and extra insurance for damaged or stolen items, also not supplied by the company you decide on. Some simple math will total your rent upwards to $2400 per year, depending on the size you need. Frankly, I don’t know of anyone who can get by with only a 5’ x 5’ unit.
Now, if you have the room, a cargo container might be your best option. With the standard 20’ shipping container being the smallest, up to the grand 53’ steel container, you’ll see that purchasing your storage container can save you in the long run. With some prices starting as low as $1300 in some areas, to a high of $2500 for a good, Grade A shipping container that is leak free without holes, you can have your own steel container for nearly the same price of a rented self-storage after the first year. Bigger, less money, and you own it. Nothing is better than that.
Good morning!
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