Luxury homes are now getting bigger and more expensive closets as homeowners look to display their extensive fashion collections in more personalized and opulent spaces, writes Sarah Paynter for The Wall Street Journal.

Closets are also serving as entertainment spaces with newly added seating areas and champagne bars. Many are holding closet-reveal parties once the project is completed.

Budgets for top-of-the-line closets have increased to an average of $200,000 to $300,000, compared to $60,000 to $80,000 a decade ago.

Closet designer Matthew Quinn of Design Galleria in Atlanta recently worked on a two-story closet with a spray-tan booth and an elevator that had a budget of over $1 million.

These days, closets have various bonus features, including thumbprint-protected jewelry cases and built-in watch winders. Revolving shoe racks and clothing storage with dry-cleaning capabilities are also popular options.

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Quinn said that one of his client’s closets has a camera that snaps pictures of outfits and sends them to a digital folder, like in the movie Clueless. The client can then select her outfit remotely and have her assistant pack it.

Even meditation areas have found their way into some of the newer closets.

Since these are private places, many clients enjoy having more choices when it comes to design decisions.

“Because it isn’t shared, in a closet you can have more fun and show your personality,” said Quinn. “It doesn’t have to match the rest of the house.”

Investing in closets is also financially prudent. Homeowners often see a return on investment for the money they spend on luxury spaces.

“In my experience, buyers are willing to pay a premium for homes with well-organized, aesthetically pleasing closet spaces,” said Ginger Martin of Sotheby’s International Realty.

Read more about luxury closets in The Wall Street Journal.

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