Dubious about renting a self-service storage unit? Allow this guide to help you every time you’re downsizing, running short on space, or wish to keep your belongings safe while moving around the town.
What is self-storage, and how does it work?
Self-service storage is currently the most popular storage option available on the market, with just a little over 90 percent occupancy rates since 2015. Renting a storage unit for the short or long term provides an excellent, space-saving solution. Best of all, there’s a number of unit sizes to meet all budget needs. The total recorded spending on mini-storage facility construction increased from USD 241 million in 2011 to USD 5 billion in 2018. It is believed that it’ll continue growing annually to accommodate consumer demands.
There are also full-service storage facilities that offer a more ‘valet style’ of an experience to their customers. They turn the storage experience up a notch by providing moving services alongside the storage facilities. However, full-service storage facilities are costlier than self-storage facilities.
How much does storage cost?
These storage facilities are secured by the renter’s lock and key, restricting the facility from casual access to the belongings. Upon signing the contract, tenants typically choose to pay on a monthly basis for the services availed so that it adds to their monthly expenses either temporarily or for the long term. The average cost of the storage will depend on the size of the unit and its location. Most storage facilities follow the average competitive rates, but it’s important to be aware of any hidden charges that might come along with the amenities.
What items will you store?
Before hunting for a storage unit, you must ask yourself what items you’ll be using the unit for. Start by making a digital inventory that you can reference to often and then move onto cleaning and packing the goods in cardboard and plastic boxes. This is also an excellent time to organize everything that is left behind and donate or sell the remaining.
What is the right size to choose?
Once you’ve decided all the things you’re going to place in the unit, you’ll need to select a size for your unit. A 5×5 or 5×10 unit works best for small boxes, whereas a 10×10 or 10×15 unit can hold the components of a two-bedroom apartment. A 10×20, 15×20, or 20×20 storage unit size is usually recommended for cars or business owners.
What amenities are offered by storage facilities?
There are lots of useful features that come as tagalongs of storage facilities – such as 24/7 access, moving services, and concierge services. If you live in a region with extreme humidity levels, temperature changes, and other climatic changes, it’s best to invest in a climate-controlled storage unit to prevent mold or mildew from thriving inside the unit. Moreover, one feature that you would not want to overlook in a self-storage unit is security. The facility must be equipped with video monitoring, in-person surveillance locks, and security gates for all your priceless possessions. You may want to surf the local market to discover the best deals local storage providers have to offer.
Do I need renter’s insurance?
Before storing your belongings, you might want to consider signing up for tenants or renters insurance for your peace of mind. Insurance can help replace any items that have been damaged or stolen due to extreme weather conditions or vandalism while they were in the storage unit. Many a time, facilities provide their own affordable self-storage insurance options as well or provide protection against theft free of charge.
What do you need to rent a storage unit?
To rent any storage unit, you will be required to provide identification details, including a valid, government-issued form of ID – be it your passport, driver’s license, state ID, and military ID.
Where Can I Find A Storage Unit?
Several companies offer self-storage units, and there are individuals who privately rent out their garage space for storage. Make use of StorageLookup.com, a search engine that can locate all the storage facilities in your locality.
Once you have narrowed down all your storage options, schedule a consultation with a facility best suited to your needs to fully understand their terms and conditions before signing the contract. It’s also a good idea to check the reviews and testimonials of former clients regarding the facilities’ terms of service.