If cost concerns are what’s holding you back from keeping your belongings in self-storage, it should come as a relief to know that self-storage costs can be quite affordable. However, the cost of your storage unit will depend on a number of factors like the volume of things that you are storing, the location of your storage unit, and the size of your storage unit.
In this article, we will go into the factors that determine how much a self-storage unit should cost. Whether you are going through a move or a significant life change, the last thing you want to worry about is storing your belongings. Here’s a breakdown of the costs:
How Much Does An Average Self Storage Unit Cost in Canada?
Across Canada, the average storage unit cost is around $1.75 per square foot. Of course, Canada is a large country with a lot of space, and it would make sense that storage units would be less expensive to maintain in areas with lower density. While storage units exist across Canada, they do tend to be pricier in larger city centres such as Vancouver.
How Much Does An Average Self Storage Unit Cost In Vancouver?
The reason for this is because a higher number of people live in small urban apartments, which means that they tend to have less storage space at their disposal. Perhaps due to this popularity, you may find that the average cost of a Vancouver storage unit is a bit higher than that of the Candian average. Vancouver storage units can average around $2.95 per square foot.
5 Factors that Determine the Cost of a Self Storage Unit
If you’re wondering where these numbers come from, they don’t materialize out of thin air. Here are some of the most common factors that will determine the cost of a self-storage unit:
As we hinted at earlier, the location of your storage unit will considerably affect its costs. As a general rule, the more people that are within walking distance of the storage unit, the more desirable that location is. As a result, it will most likely also cost more.
You could also look at it this way: the higher the rent prices are in a certain area, the higher the storage unit costs are likely to be.
This might just be the single most important factor when it comes to determining the cost of a storage unit rental. The larger the unit, the more money it will cost to rent out on a monthly basis. For this reason, it is important that you accurately assess your storage needs so that you do not end up shelling out more money than you have to for space you don’t really need. Remember that you can often fit more in a small storage unit than you would think — especially if your Tetris game is strong!
3. Types of Units
Not all storage units are made equally. While storage units are typically climate-controlled on the inside, there are some storage units that take this one step further by being contained completely inside. An inside unit will typically be more expensive than an outdoor unit.
4. Accessibility Hours
As a general rule, if you are looking for 24/7 accessibility in your storage unit, you will end up paying more. It may be worthwhile to consider whether or not a storage unit with daytime access hours will be sufficient for you.
5. Length of Storage Period
Okay, so this one is a bit obvious, but generally speaking, the longer you have to store your belongings, the higher the storage bill you will have. However, there are factors that can affect this. For example, some storage unit companies may have a promotion where you achieve a free month or two if you sign up for a long-term storage plan.
Your Storage Solution in the Vancouver Area
If you are looking for a place to keep your belongings in storage in the Vancouver area, look no further than Annacis Lockup. Our temperature-controlled storage units in New Westminster come in a variety of sizes, and we also offer storage for cars, trucks, RVs, and other large vehicles. Plus, you benefit from easily paying your bill online. Get in touch with us today to see how we can help!