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Slideshow: The Real Cost of Home Improvement

By Ben Steverman - 2012-11-26T19:03:24Z

Photograph by Charles Maraia/Getty Images

Company Symbol % Change
18 of 23

New Closet

Average cost: $5,201

For our purposes, upgrading a closet involves more than merely disposing of out-of-style clothes. When closets are added or replaced in a house these days, they're often quite elaborate, with 59 percent of homeowners hiring a contractor to help. Closet improvements are more popular in the Northeast and West than in the South and Midwest.