Self-storage units are mushrooming everywhere and for convincingly good reasons.
According to experts, the self-storage industry will be worth $71.37 Billion by 2027, growing at a CAGR of 5.65% from 2021-2027. Nonetheless, this is a relatively new concept, and many people still have difficulty figuring out the proper uses of these spaces.
With that said, we have penned down a list of popular reasons why households or businesses rent storage units.
7 Reasons Why People Prefer Getting Storage Units
1. Home Renovation
If you are engaging in a home renovation project, you may have to close off a large section of your home for quite some time. You will have less living space while coping with construction debris and leftover materials.
So, until your project marks completion, you should have enough clear floor space without having to worry about bumping into anything. That is where a storage unit rolls into action. They will help you free up space in your house without giving up access to your belongings.
Renting a storage unit during home renovation also means keeping your valuables safe from damage. Depending on the project’s scope, you may find that a steady stream of workers and service providers pass through your front door. Since all your valuables are likely stashed there while you are at work, moving around for workers might become difficult.
Over time, storage units have started embracing technology across the country. So, even if you are living in a small city like Bonney Lake, you can easily find a storage unit with high-quality CCTV cameras and smart climate-control features.
Moreover, some of the Bonney Lake self storage units might leave you gasping at the speed with which they are adopting technology.
2. Insufficient Space at Home
People are hesitant to discard items they no longer use, especially if they are in good shape. They are hoarders either because they wish to keep things “just in case” or to give them to someone else at some point.
It may be anything from a Chesterfield sofa, bed, speakers, or bookshelf. Nowadays, it is not affordable or convenient to get a foot on the housing ladder. So, many people store their extra belongings in storage units for their children.
3. Stow Away a Loved One’s Possessions
When a loved one dies, clearing their room is probably not high on your priority list. On the other hand, you may be pressured to vacate the space and put it up for sale or rent. But the amount of stuff your loved one left behind could be daunting, especially if they did downsize for a long time.
Those grieving may desire to keep mementos in storage until they are emotionally ready to deal with them. With so much to evaluate and manage, it may be nerve-wracking to stay organized. In that case, renting a storage unit may be a lifesaver.
4. Growing Family
After you bring a new life into the world, you will want to make some adjustments at home. Storage units are an ideal place to put all your stuff if you anticipate that most of it will be superfluous once the baby arrives.
Young children often like playing in outside settings. But when the weather warms up, they bring out all their playthings. It might include toys as big as bicycles and kid-sized swimming pools.
Naturally, you want your children to enjoy playing with their stuff. The challenge, however, will be determining what to do with those things once the holiday season ends. Depending on the local climate, some families may be more inclined to stock up on seasonal toys. Guess what? You can store everything and anything in a storage facility till the next season.
One of the most beloved aspects of parenthood is passing on possessions, such as clothes, shoes, jewelry, etc., from one child to the next. So, instead of going out and buying brand-new baby gear, why not store everything in the storage unit and reuse what you already have from your first child?
5. Keeping Business Records and Inventory
Be it large corporations or small businesses, storing important papers, company archives, and equipment from time to time is a taxing activity for all. But leasing larger properties might not be the smartest or most cost-effective alternative, especially how much their annual budgets are being eaten up by office and warehouse spaces.
Compared to renting a whole building, self-storage units can serve as inexpensive, climate-controlled “mini-warehouse” facilities. Business owners will be at ease knowing that their valuable merchandise and records will be physically secure thanks to the security measures put in place by self-storage facilities.
6. Moving Home
Moving is one of the primary reasons individuals rent storage spaces. With self-storage, you may avoid dealing with many of the hassles of relocating. For instance, if you are moving into a smaller dwelling, you will probably have a lot of belongings that need to be stored.
On top of that, a storage unit may be an absolute lifesaver in the event of unexpected delays. Even if the house is not quite ready, you have a safe location to store your belongings until you can move in.
7. Traveling
As more work moves online, it is easier for people to travel more these days. Suppose you frequently travel or plan to take a lengthy vacation in the future. In that case, a storage rental will keep your possessions safe and secure while you are away.
Talk to the company that rents out storage space and try to work out a deal to store your valuables for a certain amount of time.
Conclusion
As you can see, several reasons prompt people to rent storage units. And since most storage facilities are a one-stop shop solution, you can pick a unit according to your needs. From size to budget, you can always find a storage unit that goes best with your requirements.
So, rent a storage unit whether you are renovating your house, welcoming a new member, moving houses, or trying to manage business inventory. While this list does not discuss all the reasons, it suffices to explain the most convincing ones.
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