ESO Plus or buying DLCs

Just got the game (Gold Road Deluxe Collection) on PS5 and looking to plan ahead.

I am torn between ESO+ and buying DLCs. I understand that the craft bag and double bank spacr are a major selling points, but can't I just make new characters, level then to 50 and max their inventory?

Also, are the furniture limits not enough?

What about transmutation crystals? I see I can hold 500. How many would I use at once?

I know costume dyeing can be done with a store token. The XP bonuses and stuff don't seem good enough to matter to me.

I was thinking of getting ESO+ until I get enough crowns to buy the DLCs and level characters to 50 in all slots. Shouldn't take more than 1 year.

What would be your advice?