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Americans Are Using Self Storage Units to Expand Their Homes

byThinkhow Contributor|January 18, 2021

Part of home ownership is learning how to get the most out of limited space. That’s not always easy — if you dread the idea of selling your belongings, you might find yourself living with clutter. Self storage units offer an easy and affordable way to expand your home. Used properly, self storage can be a great investment; however, you’ll need to look closely at the options in your area to find a great rate.

Why Self Storage Units Make Sense

According to the New York Times, self storage units started popping up around the U.S. during the 1960s. Initially a “low profile” enterprise, these storage spots were mostly used by individuals who were going through life transitions. That changed dramatically over the next few decades. By one estimate, 9.4 percent of Americans currently rent self-storage units, and the $39 billion industry is booming. In other words, there’s never been a better time to look for deals.

If you’ve never used a self storage unit, they are essentially a rented space to keep your personal or business belongings. Self storage units often allow the user more access and flexibility compared to full-service storage services, and most are leased on a month-to-month basis.

For a relatively small price, you get a convenient, secure place to store anything you’re not using. That might mean your son’s old comic book collection or an old couch that’s currently collecting dust — but whatever you’re storing, you’ll enjoy more space (and less clutter) in your home.

Expand Your Home with Self Storage

Depending on your lifestyle, you might use a self storage unit on a temporary or ongoing basis. If you’re moving, buying, or selling your home, these services are indispensable for limiting stress and opening up options. They’re also great choices for protecting valuable items that you don’t use often — many storage facilities have excellent security systems, and some even have guards watching over customers' property.

And if you simply need some extra space, a self storage unit can help you declutter your home with a few quick trips. Of course, no two services operate the same, so you’ll need to do some research before renting.

Factors to consider:

  • Size. Most services offer a variety of unit sizes ranging from 5'x5' to 10’x20’. If you’ve got a good idea of what you’ll be storing, take some quick measurements to make comparison shopping easier. Otherwise, err on the side of safety; a slightly larger unit probably won’t cost much more, and you won’t find yourself upgrading after you’ve started renting.
  • Security. Find out whether the service has cameras, locked gates, guards, and other security considerations. Make sure your storage service is insured for theft, and if you feel uncomfortable about trusting your property to a service, ask for references from their customers.
  • Weather Protection. Reputable self storage services have climate control, fire protection, and other safeguards to protect your belongings. Don’t make assumptions. Look for detailed descriptions of each service’s offerings, and when you’re ready to rent, visit the rental unit before signing a contract.
  • Service. Self-storage units generally don’t help you move in or out; you’ll need to handle that on your own or hire a moving company. Full-service storage services exist, but they’re more expensive than self storage units — however, the extra cost might be justifiable for seniors and others who can’t move their belongings on their own.

Regardless of where you live, there’s a good chance that you’ll have several storage services to choose from. Keep notes while evaluating options; remember, you’re looking for a safe and secure place for your personal belongings, so the more you’re able to research, the better.

Comparing Self Storage Options Online

Many self storage companies advertise aggressively online, which can be beneficial for first-time renters. To find deals, you’ll need to look at every service operating in your area.

With that said, you should remember that you’ll need to move your items to the new space (unless you’re opting for a full-service storage company). Check the physical location of each option and find out whether they offer any resources for in-movers. Some self storage companies have arrangements with movers, which can cut your total costs if you’re not handling the job yourself.

Read the fine print carefully. Find out whether your items will be fully insured or if coverage stops at a certain amount (if so, you might consider a separate personal property insurance policy). Look for hidden costs and read reviews. By considering at least 3-4 options, you should be able to rent a secure self storage unit that gives you peace of mind — and enjoy more space in your home for a low monthly rate.

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