How Much Value Does Adding A Closet Add To Your Home?

How Much Value Does Adding A Closet Add To Your Home?

June 11, 2022

Several homeowners want to know if adding a closet will add value to their home and, if so, how much. Unfortunately, there’s no easy answer because the value-added depends on several factors, such as the size and location of the closet, the overall condition of your home, and the real estate market in your area.

Do Closets Add Home Value?

Adding a walk in closet is usually a good investment. Master bedrooms with closets are always in high demand, so "add closet to master bedroom" might be at the top of your list of possibilities. Adding one will likely make your home more appealing to buyers. Plus, having an extra closet can be a major selling point, especially if your home doesn’t have as many storage spaces as other comparable properties.

Custom closets are highly desirable, but they can be pretty expensive. If you’re on a tight budget, you may consider adding a closet to an existing room instead of building a new one from scratch. This will still give you the extra storage space you need without breaking the bank.

Adding a closet organization system is another excellent way to add value to your home. This will make your closet more functional, but it will also make it look nicer and be easier to keep tidy. Buyers will appreciate a well-organized closet, so it’s definitely worth the extra effort.

In terms of space savings, closet solutions that use vertical space are always a good idea. A hanging rod and some shelves can go a long way in maximizing the space in your closet. If you have the budget for it, adding built-in drawers or cabinets will further increase the value of your closet.

Factors to Consider When Adding Closets to Your Home

  • Available space

You need to have enough space to add a closet. If you don’t have an extra room, you may need to get creative and repurpose another space, such as an unused corner in your bedroom or hallway. If you plan to add a walk-in closet, you might consider eliminating a small wall to expand the space of an existing closet.

  • Cost

Adding a closet will cost money, so you need to factor that into your decision. If you’re on a tight budget, adding a new closet may not be feasible. In that case, consider adding shelving or repurposing another space to use as a makeshift closet.

  • Condition of Home

The condition of your home will also affect the value you can add to a new closet. Consider adding a closet to your master bedroom if your home is in excellent condition. Adding a closet will add more value than if your home needs significant repairs.

Conclusion

If you’re planning on adding a closet to your home, it’s essential to consider all factors involved. By taking into account the space available, your budget, and the condition of your home, you can decide whether or not adding a closet is right for you. RN Home Improvements and Repair is here to help with any questions about adding a closet to your home. Give us a call today!

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