According to a recent Storable survey of 1,000 Americans, more than half of us use between 100-500 square feet of our homes just for storage. That’s space that could be used for living. Let’s look at the numbers that might change your mind about home storage.
Breaking Down the Cost of Home Storage
Let’s talk dollars and cents. When you use 300 square feet of your house for storage – think of a large garage or a couple of spare rooms – you’re spending about $68,000 in real estate value just to store your stuff. That’s not a small number.
Picture paying $1,500 monthly for your home. If you’re using a quarter of that space to store items, you’re paying $375 monthly to keep boxes and old furniture. That’s way more than a self storage unit costs.
Beyond the obvious numbers, storing items at home brings other costs:
Buying Things Twice
Ever bought something only to find the original later? You’re not alone. The Storable survey found that 71% of Americans have purchased items they already owned because they couldn’t find them in their cluttered homes. Even more striking, 23% have done this more than three times. These duplicate purchases add up fast.
Money Spent on Storage Bins
The survey revealed that 56% of Americans purchase storage and organizational supplies at least once per year. Most spend under $100 annually on bins and shelves, but 29% spend up to $750 yearly trying to manage their belongings – money that could go somewhere else.
Lost Living Space
Think about what you could do with that extra room. The survey found that Americans would use their storage space for hobby rooms (32%), guest bedrooms (29%), and home gyms (25%) if it was available. Some would even create rental income opportunities. Instead, these rooms sit filled with boxes.
Making Smart Storage Choices
Self storage gives you options. At Greylock Storage, you pick the space you need – from small 5×5 units for seasonal items to larger spaces for furniture. You pay for what you use, not a penny more.
For items you need regular access to, our Go Mini portable storage units bring flexibility. These come in 12, 16, and 20-foot sizes, fitting right in your driveway until you’re ready to store them at our facility.
Businesses face their own storage challenges. Our record storage through The Archive uses advanced Firelock vaults to protect important documents. This beats keeping files in expensive office space or risking damage in a basement.
Taking the Next Step
Look around your home. Count the square feet used for storage. Think about what that space could become – a home office, workout room, or rental unit. Now compare that with storage unit costs.
The math makes sense. Moving items to a storage unit frees up valuable home space and often saves money. Plus, you’ll know exactly where everything is – no more buying duplicates or digging through packed closets.
Ready to reclaim your space? Visit any of our locations in Pittsfield, Adams, Schenectady, or Glens Falls. We’ll help you find the right storage fit for your needs and budget.
Your home should be a living space, not a storage space. When you add up all the costs of storing items at home, self storage isn’t just practical – it’s smart money management.
