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The cost of long term and short term storage

  • By koonichiwa |
  • May 26, 2023
Nellions

Moving houses, traveling abroad, or simply downsizing can all cause an issue of excess belongings. While the temptation to discard these items can be strong, it’s important to remember that any item of sentimental or monetary value can be stored safely for as long as you may need. But finding a place to store your items, whether it’s a few boxes or an entire home full of furniture and other belongings, often comes with a lot of questions, especially when it comes to the cost. How much will it cost for long-term versus short-term storage? What kind of facility should you be looking for? What other factors should you consider when thinking about the cost of storage? These are all important questions to ask before choosing a storage solution. While the cost of storage can vary depending on different factors, there are some general guidelines and tips to help you make an informed decision.

 

This guide will explore the cost of long-term and short-term storage, the different types of facilities available, and other factors to consider when budgeting for storage.

 

Difference Between Long-Term and Short-Term Storage

 

Understanding the difference between long-term and short-term storage is key when budgeting for the cost of storage. Long-term storage typically refers to storing your items for an extended period of time, such as six months or more. Short-term storage could refer to anything from a week to several months.

 

Another distinct difference between the two is in the way items are packed. 

 

Packing for long-term storage typically requires more protective measures, such as wrapping furniture in shrink wrap and using packing materials like bubble wrap to protect fragile items. This is because items stored for longer periods of time are more vulnerable to damage from dust, moisture, and other external factors. 

 

Short-term storage usually requires fewer protective measures, such as using boxes or bags because items will not be in storage for as long. Besides, you’ll need to frequently access items in short-term storage, so wrapping them comprehensively is often unnecessary.

 

The type of items you are storing can play a role in determining the type of storage you need. If you are storing items that won’t require frequent access, such as old furniture or seasonal decorations, long-term storage may be the better option. If you are storing items that you need regular access to, such as documents or business equipment, short-term storage may be more suitable.

 

Scenarios When Long-Term Storage May Be Best

 

As already established, long-term storage is best for items that don’t require frequent access. But that just isn’t the only scenario where-term storage is beneficial. There are many reasons why you might invest in a long-term storage facility, such as:

  • When you are relocating to a new city and need somewhere to store your items until you have secured housing.
  • When you need to store for an extended period of time, such as seasonal decorations or furniture that won’t be used in the near future.
  • When you are moving to a smaller home and need somewhere to store some of your excess belongings.
  • When you are downsizing and need extra space to clear out a room or two
  • When your home is undergoing renovations, that will take several months to complete.

 

Scenarios When Short-Term Storage May Be Best

 

Some scenarios that might warrant short-term storage include:

  • When you need to store items temporarily while waiting to move into a new home.
  • When you are going on an extended vacation or business trip and need somewhere to store some of your belongings for a short period of time.
  • When you’re in the middle of home renovations and need to find a temporary storage solution for your items.
  • When you are in the process of moving but haven’t yet secured housing and need to store your items until you have settled in.
  • When you are expecting seasonal visitors and need extra space for their belongings.

 

What is the Cost of Short-Term and Long-Term Storage?

 

 

While there isn’t a one-size-fits-all answer to how much you should expect to pay for short-term and long-term storage, there are a few factors to consider that can affect the cost of both long-term and short-term storage. Some of the main factors to consider include:

 

  • The size of the unit or space you require: This is the most important factor when it comes to determining the cost of storage. Generally speaking, the larger the unit or space you need for storage, the more expensive it will be.
  • The location of the storage facility: Location can also have an impact on the cost of storage, as facilities located in more populated or metropolitan areas tend to be more expensive than facilities located in rural or suburban areas.
  • The security and amenities offered by the facility: It’s important to check what security measures are in place at the storage facility you choose. Additionally, some facilities offer additional amenities, such as climate control or 24-hour access, which can add to the overall cost of storage.
  • Availability: If the storage facility you choose is located in an area with high demand for units, it may be more expensive than one with lower demand.

 

 

Other Factors to Consider

 

The cost of storage is just one factor to consider. Before committing to a storage solution, you should also keep the following in mind:

  • The condition of your items: It’s important to consider the condition of your items before storing them, as some storage facilities may not accept certain items or have restrictions on how to store them.
  • The accessibility of the facility: If you need frequent access to your items, you should choose a facility that allows access whenever you need it.
  • The duration of your storage: If you are not sure how long you’ll need to store your items, it’s best to opt for a facility that offers flexible terms and conditions when it comes to the length of storage. 
  • The reputation of the facility: Reading reviews and doing research on the storage facility you are considering can help to ensure that you make an informed decision.

 

 

Are There Any Hidden Fees or Charges I Should Be Aware of?

 

It’s important to read the terms and conditions of the storage facility you choose closely. While some facilities may have upfront fees, other facilities may charge fees for additional services. It’s also important to understand the payment policies of the facility, including whether you need to pay upfront or in installments.

 

Hidden charges or fees can add up quickly, so it is important to know exactly what you are being charged for and why. Some of the most common hidden fees include:

  • Cleaning fees: Some facilities charge cleaning fees for the occasional cleaning of their facility and units. Additionally, some facilities may require you to pay for a professional cleaning service when you move out.
  • Security deposits: Some facilities may require you to pay a security deposit before storing your items. This is usually refunded after you move out, but it’s best to check the terms of your agreement before signing anything.
  • Pest control fees: If you are storing items for an extended period of time, it’s important to be aware that some facilities may charge a fee for regular pest control services.
  • Insurance: Some facilities require you to purchase insurance to cover your belongings against any damage or loss that may occur.
  • Maintenance fees: Repairs, upgrades, and other maintenance services may incur additional costs.

 

Are There Any Payment Plans Available?

 

It’s important to check with the storage facility you choose to see what payment plans are available and what discounts they may offer. Many storage facilities offer flexible payment plans, such as monthly or annual payments, which can help make the cost of storage more manageable. Additionally, some facilities may offer discounts or promotions for longer-term storage agreements.

 

Which is Cheaper? Short-Term or Long-Term Storage?

 

Putting all the factors discussed above into consideration, there is no definitive answer as to whether short-term or long-term storage is cheaper. Ultimately, the cost of storage will depend on your individual needs and the facility you choose. However, long-term storage is often more cost-effective as some companies offer discounted rates for long-term storage.

Regardless of the type of storage you choose, it’s important to do your research and shop around to ensure you get the best deal possible. By taking the time to consider all of your factors and options, you can make an informed decision that fits both your budget and your storage needs.

Long-Term and Short-Term Storage With Nellions

 

Ultimately, understanding the cost of long-term and short-term storage can help you make an informed decision about which storage solution is best for you. At Nellions, we strive to make storage as hassle-free and secure as possible. Our facilities are secure, accessible and come with a variety of amenities to suit your needs. Here is why you should consider us for your long-term and short-term storage needs:

  • Secure Storage Facilities: Our facilities are equipped with the latest security systems and 24-hour surveillance, so you can rest assured that your items are safe.
  • No Hidden Charges: We offer transparent pricing with no hidden fees or charges. When you contact us the first time, you’ll receive a FREE quote that outlines all costs involved.
  • All-weather protection: Our facilities are designed to protect your items from heat, cold, dust, and other elements.
  • Packing and Wrapping supplies: We provide all the packing and wrapping materials you need for a successful storage experience. We also offer a variety of packing services, so you don’t have to worry about doing it yourself.
  • Pickup and Delivery: We will pick up and deliver your items to and from the storage facility, so you don’t have to worry about transporting them yourself.
  • Personalized Assistance: Our friendly staff will be with you every step of the way to assist you with any questions or needs that you may have.

 

At Nellions, we understand that long-term and short-term storage needs are unique. That’s why we are committed to providing you with the storage solution that is best suited to your specific needs. Contact us today to get started on your storage journey! Give us a call at +254 700 000 002 or email us at move@nellions.co.ke.