Does A Fireplace Add Value To A Home?

 Whether you’re selling, buying, or remodeling your home, it’s important to consider things that increase or decrease value. There are plenty of ways to increase your homes value or add an aesthetic touch to any room, but one you may not have considered, is adding or upgrading your fireplace. Let’s talk more about how fireplaces can add value and appeal to your home.

Can a Fireplace Really Add Value to Your Property? 

Fireplaces certainly have the ability to add value to your home. A fireplace’s value to your home can depend on the style type and installation of your fireplace. Not only do fireplaces create excellent centerpieces for areas of the home that are used for gathering, but they can also be a beneficial heat source, and a great energy saver. By including an extra heat source, the homeowner can cut energy costs in the wintertime making them a great addition to the home financially speaking. 

What Determines the Value a Fireplace Can Add to Your Home?

The Value of Demand 

Fireplaces are seen by many as an amenity, or a luxury in a home. Especially in colder parts of the country, many homeowners find a fireplace appealing as a source of warmth and comfort. Fireplaces are also coveted as a visually and environmentally pleasing attribute to the home.

Because of this high demand for fireplaces, having a fireplace already in your home, whether you are trying to buy or sell, can make the home more desirable. 

Location of the Fireplace 

When it comes to fireplace installation, where it is installed can make a big difference. There are of course, more common spaces, such as the family room or living room. However, having a fireplace in a less common, but still realistic, space in your home can make a huge difference. 

The Value of the Fireplace Itself 

Fireplace Brand 

Having a well-known or quality brand of fireplace will, of course, have an effect on how much value the fireplace can add to your home. 

Fireplace Type 

Between wood, gas, and electric there are many different paths you can take when it comes to installing a fireplace. While all three are sound options and can create a certain type of environment, some may be worth more than others depending on who is going to be enjoying the fireplace. The type of fireplace installed all comes down to personal preference and lifestyle, as each fireplace type requires different upkeep and maintenance, as well as providing different ambience and feel. 

Things to Consider Before Choosing to Install a New Fireplace 

Choosing the Right Company 

The company you hire to install your fireplace can make a huge difference in the quality of the fireplace itself, as well as the soundness of the installation. Choose a reputable company with trained technicians and quality products. 

Consider your Budget 

When choosing to install a new fireplace, you will want to consider your budget. Whether you are installing the fireplace for yourself or with the intention of increasing your home’s value for sale you will want to take budget into consideration when choosing the fuel type and location for your fireplace. 

Fireplace Maintenance 

Wood, gas, and electric fireplaces all require different levels of maintenance. Especially if you were considering installing a fireplace for your own enjoyment, you’ll want to consider your preference when it comes to maintenance and keeping your fireplace running smoothly. 

Call Felgemacher Fireplace Shop Today

Our team of trained and experienced professionals will be happy to assist you in choosing the perfect fireplace for your home and provide top-notch installation services. Give us a call or contact us online today to get started on your new fireplace installation!