Yesterday I attended my third and fourth self storage auctions. A few weeks ago I went to my first one and it was fun, but I did not end up with a locker for various reasons. After sitting back and watching a few times, I was ready to bid this time. At the first auction of the day, I ended up winning a locker for $55. Was this good or bad? That remains to be seen.
First, a little background. Storage unit auctions are not really anything like what you see on Storage Wars. Yes, there is bidding, but for the most part everyone is friendly and things aren’t so heated. Second, there are rarely super jackpot treasures found in a unit, unlike on the show where almost every fourth unit seems to hold gold bars or priceless antiques. Third, buying storage units is a lot of work and you can’t always get what you know something is worth when trying to resell it.
Now for the goods on my locker. You can see above in the first photo what the majority of it looked like when I bid on it. I could see a table without the glass, four chairs stacked up and what looked like an organ. I took a gamble on the glass for the table being there and for the organ working. If both of those things had been true, I could have easily gotten 10X by money back. Unfortunately, the organ didn’t work, but the glass for the table was there. Here is a run down of what I pulled out that may be worth something and what I think I may be able to eventually sell items for:
Table and 4 Chairs $100-$150 (has some scratches and the chairs could use recovering.)
6 New packs of disposable underwear. 132 total for $30 (sell for $10 a pack or so online.)
5 1/2 Foot Nativity Scene Inflatable $50 (Have this sold already.)
Set of 3 Inflatable snowmen yard decorations $50 for the set
3 four gallon buckets of outdoor carpet adhesive $50 (sell in store for about $40 each.)
12 Christmas wreaths $20-$30 for all
13 Children’s white choir robes $120 (going off current resale prices on Ebay where I will list them.)
There are a few other odds and ends, but these are the major items. On the low end if I can sell everything, it will be about a $300 profit on the locker. Not bad for my first time, but it could have just as easily been a flop. Sometimes a gamble is good and sometimes it’s not. I worry about the person who paid $900 for a locker at yesterday’s auction.
Have and of you ever been to a storage unit auction?