Over the past few decades, we’ve witnessed immense growth in the self-storage industry.
Storage units are being rented out by thousands of people every day to store their things. In addition, entrepreneurs and business owners also want a taste of this successful line of business too. It is extremely profitable to own a self-storage company as the ROI is very high.
The storage companies in Edmonton themselves are very convenient and user-friendly. All you need to do is to choose a storage option, sign the lease, pay up and deposit your belongings.
Plus the top self-storage companies come equipped with tight security systems to give your things maximum protection. This means that your belongings will remain safe and sound until you’re ready to take them back.
Whether you’re renovating your house or relocating somewhere else, there’s a perfect storage solution out there for you.
Has this gotten you interested in self-storage in the USA? If so, then let’s explore a few more fun facts you didn’t know about self-storage units.
Here are 10 Facts About Self-Storage Units You May Not Know About
1. The Concept of Self-Storage Isn’t New
You might’ve thought that self-storage services are modern devices. But it turns out that that isn’t the case.
Sure, the first modern self-storage facility was established in Fort Lauderdale, Florida in 1958. But researchers have uncovered that ancient Chinese storage units were used even 6000 years ago.
From here, you can clearly understand that the concept of storage units was so reliable that it thrived for thousands of years. So you can rest assured that you’re making the best decision for your belongings when you deposit them at the best self-storage companies.
2. Most Storage Units are Rented Long-Term
A lot of people usually sign up for a short lease for their first time at a storage facility. But since the storage units are extremely affordable and convenient, they end up renting for a longer time than they initially planned.
Plus many clients also upgrade to a larger space to store even more of their belongings. This isn’t a privy since you can always shift to a smaller unit again when you don’t need the extra space anymore.
3. It is Easy to Plan a Self-Storage Budget
Many people shy away from going to top self-storage companies because they’re scared of the expenses. You usually rent a storage unit when you’re going through expensive life transitions like renovations or relocation. So it is understandable to be wary of the final bill.
But you can easily calculate the estimated cost with the help of industry averages listed online. Combine this with the estimated space you need and you’ll be able to determine your budget in no time.
4. Self-Storage Serves Multiple Purposes
The largest self-storage companies in the US don’t offer storage space only for boxes and furniture. They also offer a wide selection of other services that you can leverage at any of their facilities.
Do you have a car, motorcycle, RV, or boat that needs a temporary home? If yes, you can find the perfect storage solution at the best self-storage companies.
In addition, storage companies in Edmonton also offer office space rentals. It is an ideal solution for small business owners who don’t have the budget to rent out an office building. These spaces come equipped with an internet connection, phone lines and other amenities.
5. Storage Facilities Outnumber Popular Fast Food Chains
Self-storage units are in high demand since people always need extra storage space. As a result, the industry is continuously expanding to accommodate the demands and requirements of customers.
In fact, there were over 48,000 self-storage facilities open in the US by the end of 2014. This resulted in more self-storage facilities operating than there are McDonald’s restaurants.
6. America is Leading in the Self-Storage Industry
It is well-known that Americans are huge consumers when it comes to shopping. So it’s no surprise that the US ranks first as the country with the most self-storage facilities in operation.
Nearly 9 percent of American households are currently availing of self-storage rentals. In addition, they store over 2 billion square feet of stuff, which is more than 202 square kilometres. And the most exciting thing is that the demand is growing even more day by day.
7. Self-Storage is Not the Most Popular in Large Metropolitan Cities
Contrary to popular belief, metropolitan areas are not home to the largest number of self-storage facilities. It is actually the smaller metro areas that have the most self-storage in the USA.
For example, Wichita is a small area that also serves as a base for the McConnell Air Force. This means that there are a lot of people who come in from other cities to work. So the demand for the top self-storage companies is generally higher here.
8. A Climate-Controlled Unit is Better For Long-Term Storage
If you’re planning to store items like books, documents or musical instruments, a climate-controlled storage unit is a necessity.
A lot of these items are extremely vulnerable to extreme weather changes. And a climate-controlled storage unit can provide better protection from temperature changes and humidity. The facility maintains the temperature inside the unit at an ambient level to ensure that none of your items faces any potential damage.
9. The Majority of Renters Come From Single-Family Homes
You may have expected people living in apartments to be the most frequent clients of storage companies in Edmonton. But that’s far from the real facts.
In fact, a huge majority of the self-storage renters in the US come from single-family homes. This goes to show that expanding your family can lead to more accumulation of things in your house.
10. The Self-Storage Industry Will Continue Growing Exponentially
The growing population and the rise of frequent movers have contributed greatly to the increasing demand for the best self-storage companies.
As a result, you can expect the industry to grow exponentially in the next few years. It is expected that there will be a total of $49 billion in storage space by the end of 2022.
There’s no denying how essential self-storage units have become for anyone who needs storage space. Whether it’s time to renovate your house or move out, you can rest assured that the top self-storage companies have got your back.
These fun facts will help you choose the best self-storage solution for your requirements. In addition, they are also extremely helpful if you’re planning to start a self-storage business.