As a homeowner, you’re always looking for ways to raise the market value of your home. But while many focus on renovations that will make a big and immediate impression, they often overlook the impact custom closets can have when it's time to sell.
So, do custom closets really raise the market value of a home? The short answer is yes, and here's how:
Do you want to improve your home’s market value while also boosting its functionality? Of course you do! Take a seat and learn more about how custom closets can truly benefit your home in a variety of ways.
Prospective home buyers are always looking for more room and extra space overall. Whether they need room to accommodate a growing family, a spare guest room for when visitors are over, or just want a spare office, you’d be hard-pressed to find a buyer who wouldn’t be attracted by the prospect of an extra bedroom. Your custom closet not only provides an important storage solution but also brings up the total number of bedrooms in your home, ultimately raising the market value as a result.
Generally speaking, custom closets can hold at least double the number of items compared to a regular closet. Even if the next owner decides to use the room for something else, your decision to build it in the first place allows for improved functionality down the line. Out of all the things that could be liabilities during the house sale process, extra functionality and space will never be on that list!
As Better Homes & Gardens notes, one unexpected way to add value to your home is by maximizing storage. With an entire additional room, it’ll be far easier for you (and any future owner) to keep the rest of the house neat, clean, and decluttered. All of these factors have the potential of attracting buyers and raising the overall market value of your home.
This point is immediately obvious to anyone who has seen a custom closet in person, but it bears mentioning. Prospective home buyers look beyond the bones when touring a property. Even though they’ll be bringing their own furniture, tastes, and style, buyers still want to see that your home is clean, nicely kept, and aesthetically pleasing. That first impression of beauty is enhanced by an organized custom closet. Right away, buyers will see how much effort you’ve put into your home.
Are you unsure about the cost of building custom closets and worried about the return on investment? Take it from HGTV: custom closets can increase the resale value of a home when the time comes. Put simply, custom closets help sell homes. A custom closet doesn’t just look nice, it improves functionality and is seen as a benefit that sellers are willing to pay extra for. In some instances, sellers can even see an increase in the asking price.
As a seller, you want to do everything you can to reduce the doubts a buyer might have when considering your property. One of the biggest points of concern has to do with storage. It’s hard to fall in love with a house when “cozy” feels a little more like “claustrophobic.” By building custom closets, you’ve eliminated that problem and told the seller (whether overtly or subconsciously) that this home is move-in ready.
Custom closets are not only seen as a luxury, but they also imbue the rest of the home with a feeling of luxury. Buyers will enthusiastically pay more for a home that feels like it’s at the cutting-edge of modern.
If you’re looking for a simple and effective way to raise the market value of your home while maximizing your return on investment and beautifying the overall space for both you and any owner in the future, then custom closets really are the way to go. With beauty, function, and luxury combined, they're the gift that keeps on giving, from the time you move in to the day you bid farewell.
There was a time not too long ago, when closet organizers, custom closets, and closet systems were only for those who could afford a custom closet design. Fortunately, Connecticut Closets and Garages, LLC has found a way to make these luxuries affordable.
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