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Can Custom Closets Increase The Market Value of My Home?

Rick Santos • Jan 17, 2022
Can Custom Closets Increase The Market Value of My Home?

If you're wanting to add to your home's market value, don't worry about only big projects like a kitchen remodel or roof replacement. Although it may be surprising, you can accomplish a good return on investment by updating the smallest spaces in your home--your closets!

Custom closets have various ways of increasing the market value of your home. They're in top demand, give buyers that desired "move-in ready" feel, add extra function and storage space, and help smaller homes feel larger. Adding a custom closet to a spare room creates an extra bedroom, which also increases the value of your home.

Take a closer look to see why custom closets are the best and easiest upgrades to add value to your home!


Top Demand

If you're skeptical about how important custom closets are, Organized Interiors describes a survey of 500 realtors regarding what home features were most important to their clients. A staggering 97% of clients valued additional closet space over attic or basement space. What does this mean? An easy way to attract buyers is to add more storage with custom closets.

Move-In Ready

Although some buyers are looking for fixer-upper houses, most want a home they feel is ready for them to move in. They are won over by houses that give them the "wow" factor--like a custom closet!

Custom closets show buyers that you've taken care of your home and have pride in it. They help buyers envision how nicely their items will look in your home. Custom storage space also takes the stress out of organizing their items; there's no need to come up with an organizational system because it's already there! This is very attractive to buyers.

Improved Function and Value

Who doesn't want more storage space? A home that has ample space is attractive to buyers. There are two ways that custom closets increase a home's market value in terms of function and size.

First, converting a standard closet to a customized one gives the closet greater function. When there are many storage options--drawers, baskets, shelves, hanging rods, dividers, or other customizable features--buyers can store a greater variety of items and seeing a customized closet gets buyers excited!

Second, adding a custom closet to an existing space can increase the space--or at least the perception of the space. Buyers want to feel confident that all of their items will fit in their new home. Homes that have sparse storage space are a turn-off to buyers, but adding a custom closet is an easy way to give buyers assurance and confidence in your home's storage ability!

Adds Beauty

Everyone admires the beauty of a clean and organized home. One way to help grab a buyer's attention and help your home stand out is with clean, organized closets. Even better, custom closets that follow current trends add significant appeal to your home. Some current closet trends according to Century21 Wright include:

  • Built-in shelves
  • Pull-out drawers and bins
  • Ironing boards
  • Built-in shoe racks
  • Built-in dressers
  • His and hers closets in the master bedroom

A custom closet that hits current trends gives your home an edge over other properties with standard closets.

Creates an Extra Bedroom

According to Homes.com, adding a closet to a spare or bonus room can, in many cases, cause that space to be considered a bedroom. This instantly increases your home's market value! Just consider the price difference between a two and three-bedroom house, or a three and four-bedroom house. You not only get the benefit of the additional storage space while living in your home, but it turns into a major profit when you go to sell your home!

Creates Extra Space in Smaller Homes

Custom closets may sound great for big homes, but what about a small home? They're a great asset for smaller homes, too!  Regardless, available space is maximized which gives buyers the impression of extra square footage. As an added benefit, it's often less expensive to customize a small closet so it can offer you a larger return on investment in the long run.


Conclusion

When looking to add value to your home, the best place to start is with a smaller project like a custom closet. The good news is custom closets add remarkable value to a home, even though they do require some monetary investment. Remember, the vast majority of buyers value closet space over any other storage space. This means your custom closet could very easily be the asset that sells your home. If you're looking to win over home buyers and increase your home's market value, custom closets are the way to go!

Sources

DASI Innovations

DASI Innovations creates closet, garage, home office, pantry, and other storage designs that perfectly suit the look and feel of your space.

CONTACT INFO

DASI Innovations

1670 N Hercules Ave Unit J, Clearwater, FL 33765

Phone

(727) 263-4729

SCHEDULE A CONSULTATION

Contact us, and we will come out and discuss your project free of charge.

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