Does A Fireplace Add Value To A Home?
When you think of adding a project to your existing house it’s important to ask, will it add value to your home? As per the National Association of Real Estate Appraisers, you can see 6-12% added value to your home when adding a fireplace. A fireplace not only brings extra value to your home, but it also brings warmth and an inviting feeling. Many homeowners are searching for an addition of a fireplace to bring that warmth and ambiance to their existing home. Fireplaces in a home are sought after by new home buyers as well. When shopping for a fireplace to add to your home there are some things to think about before you commit.
Let’s talk about some of these to look for.
Location – Where you place your fireplace is an important question. Think of where you and your family will enjoy it the most. Many families use their fireplace as a focal point in their homes. The room where they meet and enjoy each other. A room where you entertain guests. A room where you celebrate holidays. Location is important for the resale of your home as well.
Type of Fireplace – As energy prices continue to increase, the type of fireplace is important to take into consideration.
- Wood-burning fireplace- A traditional wood-burning fireplace has been and continues to be sought after by many homeowners. The crackle of a fire on a winter night is like no other. The ambiance and smells of burning wood are a special experience. Many new fireplaces have vents that distribute the heat into your home.
- Gas fireplace – If you want the ambiance of a wood fire but not the added tasks, you may want to choose a gas fireplace. The ease of turning a switch is a highlight of a gas fireplace. There is no need to store wood or make sure you have enough seasoned wood. Gas fireplaces also have vents and fans that distribute heat into your home making this a great option for alternate heating.
- Electric Fireplace – An electric fireplace does not give you fire. It is a projection that looks like fire. The benefit is the heat that is given out by these electric fireplaces.
Financial Investment – When adding a fireplace, it is important to realize your return on investment. How much should you expect to pay for different types of fireplaces?
- Wood-burning fireplace: Expect to pay between $2,000 to $5,000, not including chimney installation. Chimney installation would cost between $3,000 to $10,000 or more. This depends on the location of the fireplace. How tall the chimney needs to be as well as style. Contact us at Chimney Sweeps Inc. for more information on costs.
- Gas fireplace: $2,500 – $7,500. This would be the cost for a direct vent gas fireplace.
- Electric fireplace: $500 to $3,000.
At Chimney Sweeps Inc., we believe in integrity and a job well done. Our A+ rating with the Better Business Bureau is evidence of that. If there is something wrong or unsafe about your chimney, we can find it and fix it. After all, we are licensed chimney contractors and fully certified chimney sweeps through the National Fireplace Institute which is part of the reason we have a customer base of over 30,000 from Chula Vista to Fallbrook and all the areas in between. Contact Us Today !