How Can Custom Closets Increase the Value of My Home?

1. Expand Your Home's Storage Space

Technically, a closet isn't going to increase the size of your home. However, upgrading a closet - or adding a new one - can make your home feel much bigger than it already is. After all, what's one of the first things a new homebuyer looks for? More closet space!

A new custom closet gives home shoppers the opportunity to fantasize how it might look when it's filled up with their own things. Whether it's a kid's closet, a reach-in closet, or a walk-in closet, their imaginations will run wild thinking of all the wonderful ways they can use additional closet space. Picturing a home's potential is part of the fun of home shopping, and custom closets give them more cool options to explore. 

2. Custom Closets Look Fantastic!

When you're installing new closets, you should expect more than mere practicality. You want them to look good, too! Brand new, professionally installed systems are built using the latest techniques and the highest quality materials so you know they're going to be sharp.

Selling a home is all about the "wow" factor. Why do you think real estate agents spend so much time staging? A new closet, like a new kitchen or bathroom, is an exciting addition that home buyers won't really be able to appreciate until they see it in person - and that "wow" response can make a big impact once you start fielding offers.

3. Keep Up With The Times

If you've been in your home for a while and have yet to make any changes to your closets, they more than likely could benefit from an upgrade. Today's closets are larger and more efficiently designed than the ones of yesteryear, and out-of-date storage will not go unnoticed by observant visitors. 

There are so many things you can do to create the perfect custom closets. You can add tie racks and belt racks, a bench for putting on shoes, extra hanging rods, mirrors, a wardrobe, the sky's the limit! For more tips and tricks, the professionals at This Old House have assembled a whole list of things to consider when designing your new closets. 

4. A New Home That's Ready to Roll

When you’re shopping for a new house, the last thing you want to think about is having to invest in more construction. If you can find a home that has all the things you’re looking for, then you have the luxury of moving in ASAP.

Today’s homebuyers want modern closets to go with their new houses. When they see your brand new custom spaces, they'll know that’s one more thing they won’t have to worry about. Buying a home that’s move-in ready saves the new homeowner money, but the convenience it provides is a substantial motivator as well. 

5. Move Up Into a New Size Classification

It’s a fact of real estate that homebuyers are willing to pay more for extra bedrooms. A three-bedroom house, for instance, will fetch more than the same home with two bedrooms. If you want to add a room to your house but don’t want to spend the time and money on more square footage, there’s a simple solution: add a custom closet!

When you add a closet to a room that’s lacking one, then that room can be considered a bedroom. While an office or a den has appeal on its own, an additional bedroom has more financial value. If getting the most resale value out of your home is a priority, installing a custom closet is one of the most cost-effective ways to get there. 

Conclusion

As a homeowner, you’re always considering new ways to improve your quality of life. Whenever you make a change  - whether it’s fixing the roof, installing a pool, or upgrading your closets - you need to take the value of your home into account. Installing or upgrading closets is one of the most effective ways to increase the potential profit when the time comes to sell. Not only will you be happy with the higher resale value but you’ll also love the impact new closets will have on your everyday life. 

Sources

• https://www.thisoldhouse.com/closets/21015303/the-principles-of-smart-closet-design