When it comes to home improvement projects, savvy homeowners often find themselves torn between choosing aesthetic enhancements that will yield a solid return. While it’s undeniable that a beautifully designed custom closet can enhance the organization and functionality of your living space, you may find yourself wondering if it’s truly worth the investment in the long run. After all, home upgrades should ideally add value to your property and potentially boost its resale appeal.

In this blog article, we’ll explore the benefits of custom closets and whether they have a good return on investment (ROI) and if installing a custom closet may be the right investment for your home. We’ll examine various factors and consider both the financial and practical aspects of a custom closet. By the end of this article, you’ll be more knowledgeable about custom closets and able to decide if it’s the right investment for your home.

Do custom closets have a good return on investment?

When deciding to undertake any home improvement project, it’s important to consider if it will add value to your property. Custom closets are an extremely desirable feature to homebuyers. Custom closets have gone from a desired amenity to an expectation in today’s market.

In their annual report, the National Association of Realtors Research Group analyzes top home improvement projects and rates them according to their cost recovery (the amount of the project cost recouped by an increase in home value) and joy score (the joy the homeowners had living in their home’s after the project). According to their 2022 Home Remodeling Impact report, installing a custom closet has an 83% cost recovery and tied for the highest “Joy Score” – receiving a perfect 10/10.

Investing in a custom closet not only adds functionality and greatly improves the livability of your space, but is also a highly sought-after feature from home buyers. Rest assured knowing that your custom closet is a great investment in your home in the short and long term.

What are the benefits of a custom closet?

When deciding on a home improvement project, it’s just as important to consider the improved aesthetics and functionality associated with your project. Here are some of the top benefits of installing a custom closet or custom cabinetry:

  1. Maximizing Space Efficiency: One of the primary advantages of a custom closet is its ability to maximize space efficiency. Unlike standard closets with fixed shelving and hanging rods, a custom closet is tailored to your specific needs and utilizes every inch of available space. With carefully designed compartments, adjustable shelves, and specialized storage solutions, a custom closet allows you to make the most of your storage area, accommodating items of varying sizes and optimizing organization.
  2. Personalized Organization: Custom closets offer a level of organization that goes beyond what a standard closet can provide. By incorporating features such as drawers, dividers, shoe racks, specialized compartments for accessories, and even dedicated spaces for jewelry or ties, you can create a system that perfectly suits your lifestyle and storage requirements. With all your items having a designated place, you can effortlessly locate your belongings, saving you time and reducing daily stress.
  3. Enhanced Aesthetic Appeal: Beyond their functional benefits, custom closets can significantly enhance the aesthetic appeal of your home. By selecting materials, finishes, and hardware that align with your personal style, you can transform your closet into a visually pleasing space that complements the overall design of your home.
  4. Long-Term Cost Savings: In addition to ROI and functionality enhancements, it’s important to consider the long-term cost savings it can offer. This is an often overlooked factor with custom closets. With efficient organization and easy accessibility, you can avoid purchasing duplicate items, and pricey dressers.

A custom closet provides numerous benefits that positively impact your everyday routine. From maximizing space efficiency and providing personalized organization to enhancing the aesthetic appeal of your home and potentially increasing its value, investing in a custom closet offers a multitude of advantages. By tailoring the design to your specific needs and preferences, you can create a functional and visually appealing space that adds both practicality and value to your home.

What factors influence the cost of a custom closet?

Custom closets are a great investment in your home that improves the ease and efficiency of your everyday life. When planning a custom closet installation for your next home improvement project, how much your custom closet will cost is naturally a top consideration. To help you prepare for your initial consultation, we want to outline some top considerations that will impact the total cost of your custom closet.

  1. Color: It’s important to note that different color and finish options will vary in price when designing your custom closet. White is typically considered the base color with premium options including painted and natural wood finishes.
  2. Trim Level: We always recommend to our clients that they match the style and trim level of their custom closet to that of their home. Your custom closet should be an extension of your home, which is why it’s important to consider trim when designing your custom closet.
  3. Hardware: In your custom closet, knobs and handles are small elements that truly stand out. Hardware is available on a wide spectrum of cost. We suggest choosing hardware for a custom closet that complements the room while making your selection. If your closet is contemporary, pick a knob or pull with simple lines and no excessive ornamentation. Your hardware can be finished in a variety of ways, including Matte Gold, Chrome, Brushed Nickel, Black, and Oil Rubbed Bronze.
  4. Drawers & doors: Drawers and doors often make the biggest impact on the functionality of your closet. Adding drawers to your closet eliminates the need for bulky, expensive dressers. Plus, the added storage enables you to get completely dressed in one room! Your new custom closet system should increase the efficiency of your morning routine. Doors are a sophisticated finishing touch. Doors can be paneled to match your drawer system and are also available in glass or mirrored options. However, those options do quickly escalate in price.
  5. Accessories: Possibly the most fun part of designing your custom closet is choosing your custom doors and drawers. Your custom closet is an investment in your space. Accessories ensure your custom closet meets your specific needs and space requirements, unlike out of the box solutions. Accessories can increase the cost of a custom closet, but they are also one of the most important pieces to making sure your new closet truly fits your needs.

 

Next Steps

Custom closets offer so many benefits and also have a great return on investment. If you’re looking for a smart, aesthetic upgrade that adds ease and functionality to your everyday routine, a custom closet is an excellent option.

We have transformed thousands of closets, pantries and garages in the Kansas City area. We’re proud of the stellar reputation we’ve earned from the community. We would love to help you transform your space to the closet of your dreams. If you’re ready to get started, contact us today!