Storage Auctions

How do you value lockers with an obstructed view?

Offline Travis

  • *****
  • 5484
  • Every storage unit he buys yields treasure.
    • View Profile
    • AuctionsTX.com
    • Email
How do you value lockers with an obstructed view?
« on: October 21, 2013, 10:22:03 AM »
I'll be bidding on a locker this week that has an obstructed view. It's a 10X15 but you can't see more than a few feet in. None of the items in front are worth a whole lot (mostly household items and children's toys) but everything you can see seems to be in excellent condition. There are signs that this unit contains an entire household of merchandise. My guess is the goodies are in the back, but it's a total gamble.

I feel fairly confident that I could get at least get my money back if I bid around $500 for this locker.

When you're bidding on units like this, how do you value them?

Offline rulesforrebels

  • ******
  • 1276
  • FreeStorageAuctionLists.com
    • Yahoo Instant Messenger - rulesforrebels
    • View Profile
    • Free Storage Auction Lists
    • Email
Re: How do you value lockers with an obstructed view?
« Reply #1 on: October 21, 2013, 10:28:06 AM »
i remember one unit where it was a large unit and it basically had one of those moving blankets drapped entirely over the front of the unit so you couldn't see in at all. bidding got up to like $1400 whcih really surprised me as it was a total crapshoot. all that was in the unit was 2 remote controls for some construction equipment. theguy who bought it wound up taking a loss but fortunately someone else bought the unit with the construction equipment that wouldn't work without those remotes lol so the guy wound up recouping like $600 selling them to that guy. i dont remember what the equipment was i wanna say some kind of asphalt paving machine

Re: How do you value lockers with an obstructed view?
« Reply #2 on: October 21, 2013, 02:12:25 PM »
It really depends. Depends on size of the unit, what's obstructing the view, how it's packed, etc. There's an auction on SB relatively close to me, the locker door is not able to open fully, from what you can see, it looks like a bunch of clothes, kids stuff, and general household stuff. Bid is at $270. It's a 10x20, but still too rich for my blood. This stuff would take a while to sell to get the investment back, let alone make a profit from.. I'd go about $150 on it, especially because it's online.

Offline alloro

  • *****
  • 2345
    • View Profile
Re: How do you value lockers with an obstructed view?
« Reply #3 on: October 21, 2013, 03:41:07 PM »
I only bid based on what I can see.


xx
View Sent messages

Started by jrossjr79

0 Replies
2348 Views
Last post September 01, 2011, 08:39:34 PM
by jrossjr79
xx
Fan View of the Nascar Crash

Started by alloro

2 Replies
1759 Views
Last post February 26, 2013, 12:26:04 AM
by alloro
xx
From the storage manager's point of view....tales from the "crypts"

Started by MovieMan

1 Replies
2579 Views
Last post June 28, 2011, 11:23:17 AM
by jrossjr79
xx
First two lockers

Started by VinceRN

4 Replies
2251 Views
Last post August 25, 2011, 10:29:38 PM
by ronin