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Do Custom Closets Raise the Market Value of a Home?

Bret Carr • Sep 30, 2020
Walk In Custom Closet System
When you plan renovations to your home, the wardrobe area is not the first place homeowners consider. They instead look for areas that might make a bigger impression, all the while forgetting that future buyers might need organizational storage space in the home. They are left asking, can a custom closet really raise the resale value of their home?

The short answer is yes, a custom closet can help with the resale value of your home with a higher return on your initial investment than other renovations. Adding a customized wardrobe to an empty spare room can make it feel like an extra bedroom, increasing the home’s value. It also adds beauty and space and a sense of luxury to the house.

In this article, you will learn more about how a custom installed wardrobe will increase the resale value of your home.

High Return on Investment

Not all home renovations offer a decent return on your initial investment. With a customized closet, however, you can almost always add the cost to the asking price and therefore increase the potential value of your home. When compared to other homes in your area without a refinished wardrobe, your home will be more appealing to potential buyers. Of course, the price on investing in those closet renovations varies. Affordable Custom Closets & Garages references this point in How Much Does a Custom Closet Cost and explains that it is not at all uncommon, for example, to spend $250 per linear foot on a walk-in closet or $1,200 on a smaller reach-in closet.

Chocolate Pear Walk In Closet System

Gives the Sense of an Extra Bedroom

House hunters are always looking for more rooms. They want space to grow their families and have a place for visitors to stay while they are in town. Some homes, especially older ones, have limited closet space.


It’s accepted that homes with more bedrooms sell for more on average. Depending on the area, a three-bedroom home can sell for tens of thousands of dollars more than a two-bedroom in the same area.


Not only does the home increase thanks to the added bedroom, but it becomes more appealing to potential buyers. Young families like the idea of having room to grow. Older couples sometimes want enough space for family to stay when they visit.

Allows Your Home to Look More Visually Pleasing to Buyers

When searching for a new home, a clean and organized house will interest more buyers than a residence that is not nicely kept. The same rule applies for closet spaces. No one wants to look at a space crammed so full that clothes become wrinkled and need ironing before wearing them.


Having organized closets will also allow potential buyers to see how much space is available. Immediately they can see if the storage area will meet their needs. You never know as some people prefer a small reach-in closet versus a spacious walk-in closet. Custom Closets of Houston further explains the Benefits and Drawbacks of Both Walk-In Closets Vs. Reach-In Closets. Either way, tidy closets makes a home feel more move-in ready. A move-in ready home is more valuable in the minds of buyers than one that needs extra work.


At the same time, buyers can see the pride & value that you take in your home. It plants the idea that if you are willing to take care of the smaller details like a closet space with such respect, the bigger, more important things are also well maintained. A well-maintained home will have a higher value than a house of the same size in need of maintenance and care.

Concrete Finish Walk In Closet System

Gives You a Sense of More Space

Even though you are not adding square footage to your home, an organized closet can make any room feel bigger. While a customized closet doesn’t give you more square footage, it does play a psychological role in the minds of home buyer. 


Potential buyers see a home with spacious, well-organized closets, and they believe they are getting more space. They are willing to pay more for a home that feels spacious than a home that feels cramped.


An organizational system of hooks, drawers, and special racks can help utilize every square inch of space. It may sound like cluttering the room instead of letting it be open, but by making the area more productive, it actually makes it look more extensive and therefore worth more to the buyers

Adds a Sense of Luxury

Many homebuyers see a custom closet as a luxury. They are surprised to know that they can find homes in their budget where the current owners have put the money into creating a space that is organized and beautiful.


A customized wardrobe can cost a few hundred to several thousand dollars, depending on the features and square footage. While you may opt for a budget-friendly upgrade, having these additions give off a sense of luxury to your space that can’t be found in a home with traditional reach-in rods and shelves.


Conclusion

A custom closet can add value to your home as well as space and a sense of organization. It can also appeal to potential buyers as it allows them to see a tidy house with room for all of their belongings, while also including a sense of luxury. 

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Affordable Closets, LLC

Boulder, CO 80301


Phone: (303) 527-0331


Affordable Closets, LLC

Denver, CO 80204


Phone: (303) 894-3100

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