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.

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.

When storing your clothes long-term, first consider the container's breathability. While plastic bags, cardboard boxes, or vacuum sealing may be great options for short-term storage, they won’t help your clothes hold up in the long term. Breathable plastic boxes and fabric bags help with airflow, prevent mold or mildew from building up, and allow proper airflow.

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.