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Custom closet renovations offer a return on investment of 50% to 60%. This means that if you spend $2,000 on a closet remodel, you can expect to see your home's value increase by $1,000 to $1,200. Investing in a custom closet allows you to enhance your daily living experience while building equity.

Bedrooms and living rooms generally cost the least to remodel. Of course, the project price will depend on what you're planning to do to the space and the cost of the materials you choose to incorporate. Prices are typically lower than those of other remodels because major plumbing, electrical, and HVAC work isn't often part of remodeling these rooms.

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.

We use storage in nearly every room of the house, so it's no surprise that we lose track of things from time to time. The best way to organize storage is to declutter each year to cut down on auxiliary items that can be donated or tossed. Once you decide what's worth keeping, create an inventory list for all boxes you won't open for at least six months.