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Yes, adding a built-in or custom closet generally increases your home's value and makes it more attractive to potential buyers. A well-designed closet adds utility, organization, and a touch of luxury, which are appealing selling points. Most homeowners see a return on investment (ROI) of 50% to 60%; for example, a custom closet can add about $1,000 to your home's value on average. The specific ROI depends on the type, with custom walk-in closets typically providing more value than reach-in closets. However, to maximize value, ensure the closet doesn't significantly detract from the room's usable square footage. Converting an entire room into a closet can actually lower your home's value. Similarly, using overly lavish materials may not recoup their cost. A good strategy is to add a closet that takes square footage from a non-living area, such as a garage, to create a mudroom closet.

The features you choose for your laundry room to make it perfect depend largely on how you'll use the space, the size of your family, and their laundry needs. A perfect laundry room will have ample storage space, a clothes washer and dryer that are large enough for your needs and have good convenience features, and enough room to move around and work with enough countertop space to make laundry chores as easy as possible. 

Different types of closets are defined mostly by size. A few different types of closets include:

• A reach-in closet is a smaller closet that you can stand in front of and reach everything inside it. Aside from the size, the doors and the level of drywall finish are typically the largest price factors.  

• A walk-in closet can be anything from a small 5-by-5 feet closet that has a narrow walkway with shelves on both sides to a 100 square foot bedroom-sized closet with shelving along the walls and plenty of room to move around in.

• A built-in wardrobe often does not have a door and leaves the clothes and other contents open to the room, whereas a closet usually has a door to separate it from the rest of the room.

Plywood, MDF (medium-density fiberboard), and solid wood are all popular options for closet shelving. Plywood and solid wood are sturdy and ideal for extended shelves or heavy items. MDF is a budget-friendly choice for light to moderate storage, but it can sag under heavy weight if not adequately supported. Wire shelving is another alternative that allows airflow, making it especially useful in humid spaces such as laundry rooms or basements.