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The differences between a built-in closet and a walk-in aren’t that different from a built-in wardrobe and a walk-in closet. It’s fairly simple—a walk-in closet is a closet you can physically enter, stand in, and walk around in. A built-in (whether wardrobe or closet) is more akin to covered shelves installed into a recess in the wall. Another big difference is walk-in closets almost always have traditional full-size doors, while built-ins either have no doors or use sliding doors.

Although you can complete a closet frame in just an afternoon, finishing the entire closet will take a few days to a week. However, that’s still not as much as the average time it takes to remodel a closet, which can take anywhere from several weeks to more than a month. That’s because you also have to consider the time it will take to demolish the existing space, plan a new design, order materials, and actually install it. 

You can modernize an old-looking closet by just painting it, but beyond that, consider electric elements like recessed or accent lighting. If this is a large and deep closet, you can consider adding an island to the middle or a nice ottoman on a rug. Luxury closets will have even more items, like felt-lined drawers for watches and jewelry, in-wall safes, electronic shoe storage, or a tablet catalog of their items.

There are a few reasons custom closets are expensive: materials used, the luxury factor, and time to build. The people who can afford custom closets are those who can afford increased rates, and construction workers and contractors know this and charge accordingly. The time to build custom closets is substantial, especially if expensive material is being used or intricate details (like carved wood) are added to the project.