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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.

The average closet remodel cost ranges between $500 and $2,500. However, the cost can vary greatly depending on the project scope. Homeowners can expect to pay $10 to $25 per square foot on a closet remodeling project.

The vertical space between closet shelves depends on what you're storing. For clothing like shirts and sweaters, 10 to 12 inches is enough. Towels and linens need 12 to 15 inches, while tall storage bins may require 18 inches or more. Overcrowding your shelves can reduce accessibility and increase clutter, so be sure to leave breathing room for your items.

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.