How to Add Value With A Walk-In Closet Addition
When real estate agents or builders are selling a property they should know that one detail potential buyers might be looking for specifically: walk-in closets.
The homebuyers are most likely looking for a walk-in in the master bedroom, but walk-ins located in the kitchen, hallways and other rooms are also a good selling point.
Walk-in closets are coveted for the amount of space they offer, as well as the sense of separation from the rest of the room. But does a walk-in closet add value to the property?
Where Should a Walk-In Closet Addition Go?
If the home you’re selling or remodeling doesn’t have an existing walk-in closet, there are a few places you can build the addition based on the amount of potential space available, and how much you’re willing to spend.
If the home has a large master en suite, consider reconfiguring the bathroom and closing up the extra bath space to add the walk-in. Other builders choose to take a corner off the master bedroom itself and build out a new walk-in closet addition. Some homes have an additional bedroom next to the master that can be made into a large walk-in closet. If you choose to do this, it would require knocking down the walls separating the two rooms, adding doors, shelving, and other attractive storing options.
How Does a Walk-In Closet Addition Actually Add Value?
If the property doesn’t already have one, a walk-in closet addition will add value to the home, and attract more potential homebuyers. A walk-in closet addition gives homebuyers more sense of space and a sense of organization. A home buyer is going to be more likely to choose a home that is move-in ready with a walk-in closet rather than having to do their own walk-in closet addition at a later point.
For the home itself, a walk-in closet addition will raise the value since they’re so highly coveted. People will pay more for homes that have a walk-in closet addition than they would for a home without one. Consider it an investment during the building or selling process—you’ll make your money back and then some.
That being said, increasing the value of the home with a walk-in closet addition can be dependent on where the space is being taken away from. For example, if you choose to go the route of building the walk-in closet addition in a spare bedroom, the value can actually be decreased. Homes with four bedrooms are going to have more value than homes with three, so it’s something to consider. If homebuyers are looking for a property that they plan on living in for a long time and are specifically looking for a home with a walk-in closet, then the home will be more valuable to them.
Let Twin Cities Closet Company Help Your Walk-In Closet Addition
If you’re a builder adding a walk-in closet addition, consider hiring Twin Cities Closet Company to design the space to its full potential. We’ll add shelving, hanging rods, drawers, islands and more so you can raise the value of the home, and make a profit on the investment.
If you’re a real-estate agent selling a home that’s had a walk-in closet addition but isn’t as optimal as it should be, Twin Cities Closet Company can help. In addition to the storage solutions we offer, our full-service team of designers will design, manufacture and install every detail that will add value to the property, and help it sell sooner.
Get in touch, request a consultation, or visit our Minneapolis and Mound showrooms today to learn how your walk-in closet addition will add value to your property.