Total Storage Winnipeg - Total Storage Self-Storage - Winnipeg Business Storage

How Do Storage Unit Auctions Work?

October 2016

How Do Storage Unit Auctions Work?Have you ever wondered what treasures you may find in someone’s storage unit that they left behind? You see those shows on TV that show people making thousands upon thousands of dollars, and think, if you just put forth a little money, that could be your return, right? Well, maybe, but you first need to understand how the entire process works.

Each Storage Company Has Slightly Different Rules

When it comes to bidding on abandoned storage units, each company is going to have their own set of rules. These rules will be explained prior to the start of the auction, so make sure you are there early enough to hear all of the rules. Most auctions require you to have the cash on you to pay for at least 10% of the unit’s cost, and they will give you a few hours to produce the rest of the money, but again, that may differ depending on which storage company you go with.

At the beginning of the auction process, the unit will be opened up and you will be given the opportunity to peer inside. Usually, you cannot step inside the unit, but if the unit’s contents are all in the back, a step or two is sometimes allowed just for you to get a view of what the unit contains. Each potential buyer is allowed to take note of what the unit contains, then a live bid will begin. People go back and forth with their bids until the highest possible bid on the unit is found. From there, the winner is written down, and the next unit is opened up. This continues until all of the units are auctioned off.

When the Auction is Over

Once all of the auctions have been completed, it is time for the winners to pay up. Once payment has been made, the unit can be entered and you can go through what you have won. You will often have a short time to empty the unit, which should be covered in the initial rules. This varies, but is often around 24 hours. You can keep what you want, and toss the rest. If you get lucky, you may have won something that earned you your investment back and maybe a bit more.

The Total Storage Way

We run our auctions a little differently than other storage facilities in Winnipeg. Instead of spending your time standing in the lot waiting for the right unit to come up, you can browse our available storage units for auction on our website http://totalstoragewinnipeg.ca/auction. Once you find a unit you’re interested in bidding on you can do so online! Once your signed in or created a free account you can set a minimum bid for the unit and be notified if you’re outbid.

After the auction is completed and the unit has been sold to the highest bidder you can come to our facility at 21 Blumberg Trail in Headingley to pay for and collect your items. It’s that simple!

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21 Blumberg Trail Headingley, MB
Mon-Fri 9AM-5PM Sat 10AM-2PM

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Total Storage
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5 out of 5 stars

David Kovacs
David Kovacs

5 out of 5 stars

posted 1 month ago

Twenty four hour access, decent rates, and close to the city

Optimus Primitive
Optimus Primitive

5 out of 5 stars

posted 1 year ago

We were in Winnipeg for an 8 month contract last year and used Total Storage, and have no complaints at all. The service was great, and it was very clean. everything went as expected with no issues at all. I would recommend here to anyone looking for a storage place in a good location.

Shane Mularchuk
Shane Mularchuk

5 out of 5 stars

posted 1 year ago

We moved back to Winnipeg from overseas and looked into a number of storage facilities and chose Total Storage, which resulted in a very satisfied decision without any regrets on any level. Our phone calls, as well as emails, were always answered promptly and efficiently. The owner and office staffs' assistance was very helpful, professional and appreciated throughout our experience from moving back to Winnipeg.
Not only will we utilise the Total Storage facility again and again as required, we continue to recommend their operation to others who have also been entirely satisfied with Total Storage facilities and staff.
Thanks again,
Shane