Pros and cons of sharing a storage Unit
6 Jun 2022

The Pros and Cons of Sharing a Storage Unit

If you are familiar with storage units, then you probably know that they provide you with very flexible spaces within which you’ll be able to store anything from old appliances to art pieces. 

While some may not want to spend money on storage, the fact is sometimes there aren’t any alternatives. 

Fortunately, shared storage units offer an appealing option in instances when you might be light on cash. Here are some of the top pros and cons of sharing a storage unit. 

Shared Storage Units: The Pros and Cons

The Pros:

  • The rent is more affordable.
  • They are more manageable.
  • Shared units may be a good option if you just need a little storage space for your belongings.

Easier to Afford Rent 

Do not assume that only companies rent storage space. Often, everyday people are renting out such spaces. 

The cost of living has been going up over the years, and it is no different in North York. A household’s budget will be affected by how much it has to pay for rent and utilities.

Still, storage units in North York can be an expensive proposition. Therefore, it is no surprise that people decide to pool their resources so they can rent shared storage units.

The importance of saving money is still very much relevant today, no matter where you live. Global events such as COVID-19 have affected us all. 

Thus, it is essential to understand where our money goes and look for ways to save. By combining funds to share one storage unit, you can reduce your storage fees to a minimum.

Easier to Manage

Having a shared unit means that both the costs and the responsibilities are shared. It doesn’t matter how great your storage unit is; you have to keep it tidy. If you decide to handle this with another person, it will be easier to maintain order for both of you. 

When renting storage space with someone else, you may prefer doing so when you only need a little more space. There is no doubt that if you are in this position, you would not want to pay for an entire storage unit, regardless of how small it is. 

Renting a storage unit alongside someone else allows you to only pay for the space you actually need. 

Share Space 

University may be the ideal time to share a self-storage unit. Because college dorm rooms are typically smaller than apartments, students need storage space. If you choose to rent a storage unit on your own, that will wind up cutting into your (likely already limited) budget. 

However, you may save money if you share the unit with someone else. Roommates or others sharing the same dorm are great options for sharing storage space as they are very likely in the same position as you. 

In fact, if you don’t have too many belonging to store, organizing a shared-group storage space amongst several students is a great way to shave down costs. 

The Cons:

  • Splitting costs can cause problems in the long run.
  • You don’t have the full power to control the unit.
  • You and your friends may have other disagreements if you rent together.

Problems from Sharing Costs 

It doesn’t matter if you’re sharing a storage unit with a friend or a stranger; discussing expenses can strain a relationship. 

Furthermore, you may come across a situation where another person refuses to pay their share. It’s important to set up clear rules and boundaries beforehand so one renter never finds themselves saddled with all the costs on their own. 

Limits to Your Control

You will not be in full control over who enters the unit or what items are kept there, which is the first reason you should think twice before renting a shared storage unit. 

In these situations, trying to determine what happened to something, if it has been damaged or lost, can place you in a very bad position.

Shared Storage Units Can Strain Friendships

In the event that problems arise, people may have different ideas and needs about how storage units should be used. In the absence of setting a set of strict rules for how you and your friend will use your unit, your friendship can begin to deteriorate.

For this reason, it’s important to make sure your relationships are strong enough to survive these disputes. Disagreements will always occur, especially if a friendship lasts a long time. 

With proper communications and clearly set boundaries, a strong friendship should easily overcome these issues. 

Is it a good decision to share a storage unit?

There are many legitimate reasons to share a rented storage unit. Before deciding to rent it, you should consider it carefully. 

Ultimately, it would only be wise to enter into such an agreement once you understand the all benefits and potential drawbacks. 

It all comes down to this: You have to weigh the potential monetary savings against how much trust you’d be willing to place in the other person. Do not hesitate to listen to your gut feelings and think it through before deciding.

For more information on storage units in North York, please call Jiffy Self-Storage at 416-74-JIFFY (54339) or contact us here. Our representatives can help guide you through our selection of storage units and services and make sure you are getting the most for your money. Contact us today for a quote and for more information on our services

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Hammad Assan joined Jiffy Self-Storage in June 2012. He has over 20 years of experience in various Customer service, Sales and Management roles and is a Certified Self-Storage Operator through the Canadian Self Storage Association. His passion for sales and customer service has maintained Jiffy Self-Storage’s position as one of the GTA’s most successful Storage Facilities, as recognized by winning the Consumer Choice Award 22 years in a row, a perfect A+ rating with the BBB with zero complaints and a 4.5/5 Star Review rating on Google. Our tenants greatly appreciate his dedication to exceptional customer service and as a result Jiffy Self-Storage has been recognized and awarded for that. Please contact Hammad about any of your storage, parking, workspace or retail unit needs.

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