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Do custom built-ins always add value? say next to a fireplace in a living room - bookcases and storage?
Not always. It depends on the buyer. I think custom radiator cover with storage does but not so much with other built ins
I don't think so. When I was looking at apartments, I frequently factored in the cost of having to take out custom built-ins that I didn't like.
Never build built-in cabinetry expecting to increase home value. Always do it for your own taste and convenience, expecting no additional value.
I don't usually agree with NYCMatt, but he is spot on with this one.
And some buyers will insist that you, the seller, remove them and deliver the apartment all patched and painted. And then you hope the deal closes.
What about building custom closets when there was none before? Does the same no value added rule apply?
do you mean outfitting existing closets with custom built ins? i can't imagine anyone paying any sort of premium for closet organization, except in an expensive short term rental. closets and vanities tend to be a pretty personal thing. there are many products out there that mimic the built in look and efficiency that are not permanent. unless the built ins are excellent quality, classic styling, solid wood, would withstand time and be worth salvaging/refacing by the future owners, it's actually a negative for the home, imho.
I agree with the posters who say custom built-ins should not be considered an investment resale-wise. While I've never heard of a buyer insisting on the seller demo'ing prior to closing, I do know that very often the buyer will factor in the cost of demo/replacement of built-ins when making an offer. The more elaborate the built-ins, the more they may impact resale.
That said, if you have a unit with original built-in features (prewar with an original library, for example) THAT can add value. People tend to like original details, especially those from a bygone era.
there are also lots of ways to customize your closet on the cheap without making anything permanent. this ikea thing looks ok, and i'm sure has all the pluses and minuses that go with ikea.
this thing from walmart is super cheap and seems ok for the job, no drawers though
before you build anything permanent into the walls of your home, try to get the info on all your options, because you have many.
Most built-ins I've ever seen, I would rip out.
But most of the interiors I love (decor mags/IRL) have many built-ins.
It's the old story ... you get what you pay for.
Well-designed, well-built, solid, quality materials cost money. Most people want a wall of built-ins for under $5,000. That much will not get you what you see in decor mags by a long shot.
It's not just whether it's a "quality" built-in. It matters if it the built-ins are part of a well-designed whole.
I believe that's part of the "quality".
Low-quality very rarely looks good.
Of course, for many people (myself included, I have to admit), when they find out how much those decor mag-worthy built ins would cost, figure that if they're going to shell out $12,000 for furniture, they'd darn well better be able to take it with them when they eventually move out.
I understand the part about personal but my situation is this: we are thinking about taking a 7x4 walk in closet with one shelf in it and bumping it out a few feet to be 7x6, and putting in california style closets. the extra 2 feet doesn't in my opinion make the bedroom "too" small (still over 15feet wide). Are you guys/gals really saying that this is unattractive to a buyer? That there is no value added? this is the master bedroom (only bedroom) in a jr 4 if it makes a difference. Thoughts? thx
drums - as long as the bedroom doesn't get too narrow (and it sounds as if it wouldn't) I think it would add value. But I think the closet has to be outfitted well - none of the wire stuff. Solid wood, draweers built in under the hanging rods, shelves, etc. could be great (at least that's what people say when they see my husband's closet).
If you have the width in the bedroom, you might want to make the closet slightly wider than 6 ft, as clothing hanging on each side will reduce the center to a slightly tight 2 feet - even bringing that to 30" could make a big difference.
But again, I agree with Matt in that you really need to look at this for your own use going forward.
the added value would be coming from the larger size of the closet, not the way you outfit it. you should plan the organization part of your closet only to fit your own needs, and not expect any kind of premium. or, rather, the only premium over a similar apartment would be the BIGGER closet. not the california closet.
Closet space is a huge issue in junior-4s marketed to couples, so I think you're making the right move.
As buyers, we ruled out plenty of spaces due to lack of closet space. We saw a couple of pre-war apartments that had no closet whatsoever in the apartment, and even some of the new construction has surprisingly small closets.
We have a 6' x 5' walk-in and a double coat closet right now in our 760 square foot one bed + den. In the course of our renovation, we are adding five additional closets -- three clothes closets, one very deep linen closet, and an A/V closet -- without sacrificing much usable square footage. It will be heaven.