How much will adding a closet increase the value of my house?

Question

I am adding a closet to a room that didn't have a closet. I guess now this room would be considered a bedroom now. How much does that increase the value of the house on average.

Not decreasing the size at all. I'm using the eaves from the side of the house and it will be a large walk in closet

Answer 1

Depends on how large the room is and how small the closet will make it look.
adding a closet turns a den into a bedroom and will probably add
25 to 50% more value than what you spend to add it.

example: if you spend $300 to build it, the value it adds to the house should be between $375 to $450 more to the appraised value.
However listing a 4 bedroom home versus a 3 bedroom home would probably add $5k -$10k to the value if it is a large room.

adding a closet to a 12x12 room will only make the room look very small and not very attractive.
but adding a closet to a 15x20 room will certainly make a potential buyer take notice.

Answer 2

Having a closet in a bedroom is not building code in most places. Having smoke detectors inside and outside of bedroom door usually is. But appraisers usually require one to call it a bedroom. Having the house go from a 2 bedroom to a 3 bedroom even without adding any square footage can be huge in some markets. When I added a closet to my office it became a bedroom and the appraised value went up 15k+.

Answer 3

i'd not attempt this once you're purely prepared to flow ahead in case you imagine you could recoup the cost at the same time as bought. i'm assuming the 860 squaretoes includes the laundry, precise? Is so it's going to nonetheless be 860 at the same time as complete besides the actual incontrovertible fact that a three/a million somewhat of a 2/a million. because the room is there and bedrooms do not require plumbing it shouldn't value a lot although. Is the plumbing for the present laundry on a straightforward wall with the "new" laundry? All in all do it on your needs. in case you ultimately end up there longer than you presently anticipate you'd be happy to have carried out it only for the better area. i might want to assert make any skill strengthen in cost secondary as this mission shouldn't value all that a lot, little somewhat if both of you're truly reachable. basically guessing that that's a 10x12 room (or close) and the plumbing for the laundry received't favor moved (basically switched to the different fringe of the wall) i might want to imagine you could make this a very good room for $1500 yet only a huge gamble as i do not understand length, placement of plumbing, what you intend to do, etc. desire this helps. Irv

Answer 4

The adding of a bedroom adds marketability and thereby additional value. But you're not adding square feet and that is really what would increase the value in terms of money.

Answer 5

It would be according to how large the closet is and how much you decrease the size of the bedroom.

Answer 6

I don't know about value, but it is a building code to have a closet in every sleeping room.

Answer 7

I honestly don't think it would increase much in the way of $$, but it might bring more interested buyers through your house and increase the changes of selling. Depending on the cost, I probably wouldn't do it unless I needed the additional space for myself.