Storing your belongings is a consideration that most of us need to face, there are many options that you can consider. In this blog post we will consider two options: self-storage or home storage.

Self-storage involves renting a storage unit at a self-storage facility.

Home storage refers to keeping your goods at home, in your garage or at a friend’s home.

Each of these options has its advantages and disadvantages, and final decision depends on your specific needs and preferences. Let us continue to compare the cost benefits of self-storage vs home storage.

Upfront Costs

When it comes to upfront costs, home storage wins hands down, since you already have extra space in your home or garage, you can start storing your belongings right away without any additional expenses.

Alternatively, self-storage facilities charge a monthly fee for unit rental. This can vary depending on the size and location of the unit. In addition, some facilities require a deposit and administration fees.

Maintenance Costs

One clear advantage of self-storage is that the facility takes care of maintenance and security. You don’t have to worry about maintaining the unit or ensuring its security, as that’s the responsibility of the storage facility. On the other hand, with home storage, you’re responsible for maintaining the space and ensuring the security of your items. This may involve purchasing shelves or other storage solutions, as well as upgrading your home security.

Economic Cost

The true economic cost of space is one of the biggest factors to consider when comparing self-storage vs home storage.

If you live in an area with expensive real estate, it may be more cost-effective to rent a self-storage unit rather than buying or renting a larger home or apartment.

Self-storage facilities generally provide a range of unit sizes; hence you can choose the correct unit and the cost associated with such a unit by shopping around. See some self storage tips here

If you find you have a lot of items to store, it may be of economic benefit to invest in a larger home or apartment with more storage space and take advantage of growth associated with real estate.

Flexibility

With no lock in contracts self-storage provides greater flexibility. Facilities generally offer month-to-month rentals, which means you can rent a unit for as long or as short a time as you need. This is ideal if you’re in the process of moving, renovating your home, or simply need extra storage space temporarily. Home storage, on the other hand, is less flexible. Once you’ve filled up your available space, you’ll need to invest in additional storage solutions if you acquire more items.

Access

Access is another factor to consider when comparing self-storage to home storage.

Although some self-storage facilities offer 24 hour access or extended access, having your goods in your home obviously offers the greatest flexibility to access your goods.

Insurance Costs

When storing your belongings, it’s important to consider insurance costs. Self-storage facilities offer insurance options for an additional fee, (some even provide it in their monthly rental fee) this will provide peace of mind in case of damage or theft. Additionally you may even find that your general home insurance might provide you with insurance cover whilst your goods are stored at the storage centre.

Decluttering for Productivity and a Healthier Living Environment

In addition to comparing the cost benefits of self-storage vs home storage, it’s also important to consider the benefits of decluttering your home, this generally leads to higher productivity and a healthier living environment.

In addition to the psychological benefits of decluttering, a cleaner and more organised home can also lead to a healthier living environment. Cluttered spaces can create dust, allergens, and even pests, which can have negative effects on your health. By removing unnecessary items and keeping your home clean and organized, you can create a healthier living space for yourself and your family.

When deciding between self-storage vs home storage, it’s important to consider both the financial and practical factors, as well as the benefits of decluttering for productivity and a healthier living environment. Ultimately, the choice depends on your specific needs and preferences.

If you have a lot of items to store and need frequent access, a self-storage unit may be the best option. However, if you have extra space in your home and prefer the convenience of keeping your belongings close by home storage may be the better choice. Whichever option you choose, remember to prioritise organisation and cleanliness to create a comfortable and efficient living space.