The majority of people have yet to experience the use of self storage – it is just one of those things that does not cross the mind until the need arises. When asked the question how much self storage might cost, the guestimates vary from well under the market price to above the market storage price.
To make an easy comparison about self storage, an easy reference is to measure against the price of a bedroom. The most popular size storage unit (3m x 3m) is very similar to an average bedroom. A check of online markets for renting out a spare bedroom can provide a quick reference point for comparison.
A popular and easy way to find or rent out a room is to go to www.trademe.co.nz Enter your suburb in the property section for flatmates as either looking for or offering a room. You can do this for all over New Zealand for all locations.
After a quick check at the possible weekly rent you could receive for a spare room, your will realise that all the stuff currently stored in that spare room is really expensive storage and loss of potential income.
Using the 3m x 3m storage space against the rooms that are available on trademe.co.nz
These comparisons show how economical self storage units really are when your spare bedroom is currently filled and is costing you a fortune no matter where you live. Many people could be earning extra income if they unlock their spare room from the clutter of storage and rent a small storage space (of course at Kennards!) and offer the room to the market place.
Author: Andrew Kirkham, NZ Operations Manager, Kennards Self Storage
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