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.
Is a custom closet a good investment?
The short answer is that your investment in a quality custom closet system will have a positive impact on the resale value of your home, in terms of both the perceived value of your home and the actual selling cost. Purchasers will pay more for a home with more storage and the sense of more space.
Does a walk in closet add value to a house?
It's true. A spacious walk-in closet is becoming a must-have for many homebuyers. Moreover, the average closet remodel reports a healthy ROI (return on investment). Homeowners can expect to recoup around 56% of their investment, adding roughly $2,000 to their home value.
Are closet systems worth it?
Most people agree that a custom-designed closet or closet organizer with all your clothing, footwear and accessories in sight and at arms' reach is desirable. They make your closet more than just a storage space—you'll enjoy spending time in it and showing it off to friends.Apr 1, 2019
How much should I pay for a custom closet?
An average pro-installed walk-in closet costs about $1,200 to $3,000 or more for materials and installation, but their expertise and experience can help you avoid costly mistakes in the long run. The total cost really depends on the size of your closet and the type of system you choose.
Is it cheaper to build your own closet?
The cost to build a closet is between $17 and $30 per square foot. More customized projects (think, a Kim Kardashian-worthy walk-in) will cost more, while simple custom closets built into an existing space will cost less.
How much does a custom closet cost?
Custom closet systems range from around $1,000 for basic systems that fit into reach-in closets to more than $50,000 for lavish rooms with center islands and vanities. The average price for a custom closet organization system is $3,000–$5,000. Basic white or oatmeal laminate closets generally cost $125 per linear foot.