Saving money by NOT renting garage storage units
Storage is something we never seem to have enough of. Over time homeowners collect a myriad of things , some we need, some we don’t. We inevitably end up with too many things , not enough space, and either end up throwing things away or in many cases renting a garage storage unit to keep things in while valuable storage space right in our own homes goes to waste. The average one car garage has about 60 linear feet of wall space and is 250 square feet. In most cases garages are underutilized or even completely empty . It is a terrible waste of space that if used properly could end up saving you a lot of money over time.
We conducted a search online for monthly garage storage unit rentals and obtained pricing from a number of leading companies. We looked at different cities around the country to try and get an average cost and ended up with a range of prices. The pricing listed here was done in August of 2010. A simple 5’ x 5’ garage storage unit will typically run between $45.00 - $65.00 per month, while a unit comparable in size to the typical one car garage, 10’ x 25’ will run anywhere from $150.00 to $250.00 per month (Not Including Taxes and Fees). At $150.00 per month in two years time you will have spent over $3600.00 to $6000.00 and would have absolutely nothing to show for it. Even if you don’t need the full 10’ x 25’ space and opted for the smallest 5’ x 5’ unit you still will have spent over $1080.00 to $1560.00 over two years. Over a period of ten years you can see how this can easily add up to considerable dollars.
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