Monday, January 9, 2012

Is Offsite Storage Worth the Cost?

Moving on Mondays

When your house is on the market, you are advised to make the rooms look as large as possible. This might involve moving some furniture and items out of the house. If you're lucky, you have a friend or family member who can house your stuff. Most aren't that lucky. Their only option is off-site storage. And the down side to that of course, is the cost.

So, is it really worth the cost? Some units can cost upwards of $200/month if you have a lot of belongings. And if your house is on the market for over a year, the cost really adds up.

Before you decide on a storage unit, ask yourself the following:
• Do you need everything you are putting in there?
• Will everything fit into the new home?
• Will you use it once it gets into the new house?
• Can you afford the extra cost every month?
• Would a smaller unit suffice?

Answer these questions honestly. It may turn out you don't need half of what you are packing away. And if you don't need all that, you may be able to keep the items in your home while it is on the market.

It isn't worth paying for storage for things you will never use or don't need.

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