Save Money on Overhead Garage Storage
With the upcoming expansion of our family, my wife and I have been discussing the space in our home. While we have a good size home (~2,600 sq ft), its currently laid out with 3 bedrooms and 1 bonus room over the garage. With our second child going in our 3rd bedroom we'll lose our guest room and things are going to be significantly tighter for us. My pack rat habits don't help either. Storage space is already at a premium for us.
However, we do have a nice high 2-car garage. Its cluttered, but there are high ceiling with plenty of unused space. I wanted to take advantage of it by building some overhead storage in the garage. I used this article on DIY garage storage as a basis for building our overhead storage.
It cost me about $260 in supplies and roughly about 26 hours of my time to purchases parts and put all three platforms together (as 3 separate projects). I did find commercial products for a 4'x8' overhead storage platform that ran $299 installed.
Cost Comparison of 3 Unit Overhead Storage Options for Our House
Professional Installed $299 + $299 + $299 = $897
DIY Projects $260 parts + ~26hrs of labor.
Value for My Time = $897 - $260 = $637/26hrs = $24.5/hr
Im pretty happy with the value I got for me time. It was an enjoyable project to work on and given how time poor I am, I believe I received enough value per hour to make it worth my while.
As you can see it didn't take long for us to fill up our new storage:
I did find just by forcing us to move stuff from one space to another we were able to purge a good portion of the stuff we are storing. While quite a bit of work, its a good exercise to do every couple years to keep my pack rat ways under control.
Related in General:
When is a SmartPhone the Right Financial Decision? (May 14, 2012) I last purchased a typical cell phone back in October 2008 with a 2 year contract when we returned from China. My old cell phone broke while we were on assignment in China and I needed something once we...
Black Friday Shopping Highlights (Nov 27, 2011) I have little interest in going out and standing in long lines to pick up a few deals on Black Friday. However we did pick up a few deals over the weekend mostly online: $159 GE Front Loading Washer @...
Roomba Accessory Upgrades (Jul 05, 2011) Well my Roomba finally succumbed to a common issue with the cleaning head module (CHM) that plagues many of these devices. We've been using the Roomba for over 2 years now and have been generally pleased with our investment. See...