The thing nobody tells you about a wooden box is that the lid never sits quite flush after the first year, and that's not a flaw, that's the wood breathing with the seasons the way it's supposed to. Mine swell a little in the damp months and ease back come fall. A plastic bin would never do you that courtesy, it would just sit there being plastic forever.
Getting the scale right matters more than people expect from something so plain. A box that looks generous in a shop aisle can swallow a side table or crowd a shelf once it's home, so measure the actual spot twice, and go a size down from what feels instinctive if you're putting it under a console or at the end of a bed, because the room needs air around it to read as tidy rather than cluttered. The mistake I see most is someone buying one big box to solve every storage problem in a room, when two or three smaller ones, stacked or grouped, almost always sit better and give you somewhere to actually find the thing you put inside without unpacking the whole lot. Depth matters too. A box deep enough to need you to kneel and dig isn't one you'll use past the first month.
In an ordinary room, a wooden box earns its keep sitting under a window where the morning light catches the grain, or stacked two high beside a reading chair doing the job a side table would do, holding a lamp and a stack of magazines with nowhere near the fuss. It sits easily with linen, with brass hardware, with anything that already has some warmth to it, and it looks wrong next to very cold, very glossy surfaces, which is really just my long way of saying it wants company that isn't trying too hard either.
Over the years, the corners will dull from being bumped by a vacuum cleaner or a toddler on a mission, and the lid will pick up a ring or two if someone sets a mug on it without thinking, which someone will. I don't fight that. A little beeswax polish worked in once or twice a year, rubbed with a soft cloth, keeps the wood from drying out and brings the color back up without making it look new again, which is the whole point. If it's painted rather than plain wood, just wipe it down and leave the chips alone, they're earning their keep.
If you own none of these yet, start with one plain, unfinished box in a size you can lift with one hand, no hardware to speak of, nothing painted or carved. It'll do more jobs than you expect, and you'll know within a season exactly what size the next one needs to be.