Homeowners who own a fireplace understand the value of having a fireplace in their home. The association with fireplaces goes beyond just providing heat. Fireplaces firepalce on wallcan also provide a cozy, rustic, or luxurious ambiance to your home. In addition to this, a fireplace can add a backdrop for important family events such as family pictures, opening Christmas presents, and just enjoying fellowship with your friends and family. As fireplace professionals, it’s easy for us here at Northeastern Fireplace and Design to see the value of installing a new fireplace into your home. However, we know that making any type of investment into your home is a lot easier if there is a payoff. We want to help you understand why adding a new fireplace is a good investment and why it can add value to your home.

There are a number of ways a fireplace adds value to a home. However, we want to show you how a fireplace adds value in the form of supplemental heat and how it adds value to your home.

Heating Value

First, it should be noted that most new fireplaces on the market today meet strict EPA efficiency standards. Fireplaces are built to make sure that nearly all the heat that they produce is pushed into the home, instead of up and out of the chimney. This means that you get a lot of value out of the fuel that you are using. Fireplaces come in very handy when you need supplemental heat in your home. If there is a room or section in your home that is hard to keep heated, it can be putting extra strain on your primary heating system. Also, the extra energy being used to heat these areas of your home can end up costing a lot of money in fuel costs. Adding a fireplace in a strategic location can greatly decrease the amount of fuel used in your primary unit, saving you money. Fireplaces can also be critical for people who live in colder climates that are prone to winter storms. If a winter storm knocks out your primary heat source, having a fireplace that uses wood or propane fuel can help keep you and your family warm during these critical times. This adds an enormous amount of value to the homes of people living in these areas.

Fireplaces can also add value in comfort. Many homeowners don’t have their primary heat going to their garage. If you are a person that likes working in their garage during the winter, a new heating appliance can add warmth and comfort to your workspace while you work. Gas appliances can come in very handy because they are easy to turn on and off quickly, so you’ll only be using fuel when you need it.

Home value

Did you know that a well designed and functional fireplace can actually increase the value of your home? In fact, a recent survey by Angie’s List states that nearly 98 percent of real estate agents said that they believe that a fireplace can raise a home’s value by at least $1,000 – $5,000, if not more. Many realtors even thought that it could even increase a home’s value by up to $15,000. These numbers are reflected in surveys of homebuyers. A survey by Realtor.com shows that about 60 percent of home buyers look for a fireplace when buying a home. They also state that a fireplace is the number one feature listed in home listings. With this much demand, t’s no wonder that adding a fireplace is considered a great home investment.

Cost

Before you make a new investment to your home, it is good to know what the cost will be. With fireplaces, costs can vary a great deal depending on the type of fireplace, where you want it installed, and any design upgrades, such as a mantle or masonry work, that you want to be done. A typical factory-built gas or propane unit generally sells for around $2,000. If you choose to have your unit professionally installed (and you should), this cost will go up. It is very difficult to determine this cost, however, without actually doing a home inspection first to determine the amount of construction being done, the amount of materials needed, and the design options needed.

Let us add value to your home!

At Northeastern Fireplace and Design, we can help you add value to your home with a brand new fireplace! Our experienced team of professionals can help you determine what type of fireplace is the best fit for your home. We can help you break down the total amount of value that a fireplace adds to your home. If you live in upstate New York and you would like to further discuss adding a fireplace to your home, don’t hesitate to contact one of the fireplace professionals at Northeastern Fireplace and Design by calling (518) 767-9314 or contacting us online.

 We look forward to hearing from you!