Labor costs vary and fall between $500 to $3,000 for prefab units and between $1,000 to $10,000 for customized installations. Gas Fireplace The cost of a gas fireplace is about $900 to $3,000. Since theyre gas-powered, these fireplaces are enclosed and dont require wood to run. A wood-burning fireplace also needs frequent maintenance, particularly to remove creosote, a tar-like deposit from burning wood that remains in your chimney and can be dangerous if not removed. No infrastructure to abate smoke is required. The low efficiency of gas fireplaces means that you'll spend more to keep your home heated compared to choosing an electric one. You can choose from eco-friendly gel fireplaces or opt out for an energy-efficient electric fireplace. These fireplaces run on fuel pellets made from factory byproduct materials. We recommend following this pre-listing fireplace prep list: Based on our conversations with real estate appraisers and the way fireplace installations are trending downhill in new construction, we can conclude that adding a fireplace to your home wont offer a ton of financial value at resale, unless youre in a luxury or lodge-heavy market. He's constantly trying his hand with fire pits, smokers, and of coursefireplaces. When budgeting for your new fireplace, you need to add to that cost the price of a gas exhaust pipe for venting. Leaving out all the benefits and drawbacks of gas and electric fireplaces, traditional wood-burning fireplaces or gas fireplaces add about a 50% to 75% increase in the home value. It will require minimal work to install in a room and requires nothing more than an electricity hookup. Have a high budget and want the most aesthetic fireplace for your house. Gas Vs Electric Fireplace Resale Value When it comes to resale value, a gas fireplace will always have an edge over an electric one. So how does an appraiser value that amenity? After a lot of learning lessons, Ive developed some tips and tricks to properly take care of fireplaces. Only 7% of new single-family homes in 2018 that were priced under $150,000 had fireplaces compared to more than 60% of the new homes that year priced at $500,000 or above, NAHB reports. For a home already with natural gas, this fireplace can be a more affordable option than new masonry work for a wood-burning fireplace. If youre considering adding a fireplace to your home, you may be wondering whether a gas fireplace or an electric fireplace is the better option. If you are considering adding a fireplace to your wall, your first consideration should always be safety. Homeowners can also purchase bulk firewood. It is odorless and incredibly difficult to notice. There are many Touchstone, R.W.FLAME, Homajor, Masarflame, SUNNY FLAME, Electactic, Vitesse, Ameriwood Home, TURBRO, Homedex . Their ability to set a mood and keep a room cozy is great. But like other splurgy home improvements such as a swimming pool, youll need to weigh how much enjoyment youll get out of this special amenity. The benefits include avoiding a monthly $25 charge for gas; better air quality without the risk of backdrafting; the chance to use an induction range for cooking; using a heat-pump water heater to help cool the attic or garage; and not having to run gas lines around the house. Chimney installation can add on thousands, though, and will be the most expensive element of this project. Many electric fireplaces are portable. If you install a gas or electric fireplace, theyll likely be enclosed with glass. Heres a look at some of the pros and cons of each type of fireplace to help you make the best decision for your needs. What you see as a positive improvement may be a negative feature to potential homebuyers in your area. A gas or electric fireplace would likely be the best option. The widely used Uniform Residential Appraisal Report includes a box where appraisers can check whether a home has one or more fireplaces or wood stoves. . Simplify with one or two accessories on top of the mantel at most. For many, nothing beats a wood fire. Natural gas burns relatively cleanly and will not contribute to nano-particle pollutants like wood burning. When you want your room to have a certain ambiance, you have to go with gas fireplaces. Why not check out your homes value before planning that remodel? Save my name, email, and website in this browser for the next time I comment. Add Value to your Home with an Electric Fireplace! If youre looking at heating your home on a budget, gas fireplaces are almost always the cheaper option. For regular users of fireplaces, wood or gas will cost the least to run. Read More: Best Propane Fireplaces: Top 5 Reviews. Its finally time for that home remodel! Their use and installation cost may be a drawback for some, though. Including a fireplace option in a home is a versatile way to increase home value. Its high efficiency means no soot buildup or costly chimney cleanings. Also, look at how much maintenance costs for gas and electric fireplaces are and also how often you need to make a maintenance check on them. Can Firewood Bring Termites? Theyre aesthetically pleasing. For small areas without gas lines, a wood-burning stove is more efficient to heat a room. Both have their pros and cons, so its important to weigh your options before making a decision. Not only is the whole family happy and calm, but the fire was an achievement in itself. (In the U.S.A), If you use your electric fireplace for 5 hrs a day, your cost for running it would be $7.58, and that for a whole month would be $32.5. Since it uses electricity, it doesnt generate any harmful emissions. If your home is rural, wood could be right for you. Your email address will not be published. Have high or very high electricity costs in your localities. A large fireplace could provide a lot of heat while creating a warm atmosphere for friends and family. Gas fireplaces can be a great addition to any home, but theyre not right for everyone. This number has increased over the past few years. Its high efficiency means no soot buildup or costly chimney cleanings. Outside of the woodsy lodge setting, fireplaces also make more of a value impact on homes in high-end neighborhoods, where a fireplace is often viewed as a design statement and baseline requirement for an upscale property. Gas fireplaces have the most efficient heat output. Further, you can control how much gas is being burned, making it easier to control the heat output of your fireplace. A carbon monoxide alarm should be installed in at least the room where the fireplace is. In addition, well explore the shift away from fireplaces in new construction and offer ways to save money with non-wood-burning fireplace alternatives. Is It Cheaper to Run Gas Fireplace Or Electric Heat? The organization also has guidelines for hiring a professional chimney sweep. When choosing a fireplace for your home, it may be difficult to decide between a wood-burning, gas, or electric fireplace model. Modern electric fireplaces can be installed in 15 minutes and instantly affect the value of your home. Should You Add a Fireplace to Your Wall? Gas fireplaces, on the other hand, average 55% efficiency. This could be an excellent opportunity for you to maximize your homes inherent qualities! If a new chimney was established for a fireplace, that value could be put right back into your home. Gas fireplaces are quite easy to operate and provide convenient heat. That means you may want a supplemental . Take a look through current remodeling trends to help you decide. Neither requires the installation of a chimney or any other power supply. The solid answer is: sometimes. Did you know: The price of natural gas is estimated by pricing in units per therm. A new ventilation unit for a gas fireplace and new gas lines will be the next best investment in a homes future price. Both gas and wood release greenhouse gases into the environment. Electric fireplaces likely release emissions, too. If its the glowy, cuddle-up-with-a-good-book vibe youre going for, youve got more than one option (and none of them involves your TV!). Outdoor wood-burning fireplaces require only a place to burn the wood. Valerie Kalfrin is a multiple award-winning journalist, film and fiction fan, and creative storyteller with a knack for detailed, engaging stories. However, the better option is the gas fireplace as it heats more efficiently and is more aesthetically pleasing. Reliable gas and electricity hookups are necessary for gas and electric fireplaces. Can You Use Pallets for Firewood (Is it Safe to Burn)? This alarm should be regularly tested. Brand new wood chimneys and gas lines will have the most significant impact on a homes price. Ouronline iValuationcan help you find out how much your home is worth. Gas fireplaces are most commonly found in homes ranging around $450,000. However, the installation of the fireplace can cost an additional $1,500 to $3,000. Electric fireplaces are, unfortunately, not well suited for the outdoors at all. When it comes to the overall design of gas versus electric fireplaces, the two options are almost equal except for one important factor: the flame. Both gas and wood fireplaces also run the risk of carbon monoxide. If you go with this option, make sure to choose a model with low emissions for the best results. Copyright 2009-2023 Portablefireplace.com, The industry experts of electric & infrared fireplaces, decide if an electric fireplace is right for you. Fireplacetips.com is a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for sites to earn advertising fees by advertising and linking to Amazon.com. Therefore, we promote stricteditorial integrity in each of our posts. Fireplaces that run on pellets, sawdust, wood, or similar materials are a great option for the eco-friendly home improver. They put out heat by burning wood, which produces heat, smoke, and ashes. Selling a House As-Is: How to Skip Repairs and Move On! Depending on how often it is used, a wood fireplace will need to be cleaned. Wood and pellet-burning fireplaces need to be serviced annually by a chimney sweep. If you are considering buying an electric fireplace, there are a few things you should keep in mind. A large stone fireplace with a wood mantel is expected in a hunting lodge, but if the same fireplace was in a $200,000 home, it would be out of place and may even negatively impact the sale price, Spurgeon says. Get Local Cost Electric Fireplace PROS Inexpensive Fast and easy installation Cheaper to run Electric is the least expensive option to install but the most expensive to run. Mason Spurgeon, a certified general real estate appraiser since 2004 who handles appraisals in Missouri, Illinois, and Iowa, estimates that a fireplace may increase a homes value by a mere $500 to $1,000, if at all. If youre looking for an eco-friendly upgrade, youve found it here. By contrast, a suburban tract house with a zero clearance fireplace a particular type of manufactured firebox might offer little value beyond a buyer thinking thats nice.. Buyers need to consider what type of maintenance they feel up to, how much they are willing to spend, and overall what would work best for their space. Many homeowners dont realize how much value their home already has. If an existing chimney and fireplace just need some work, the installation will be easier. If you want a linear wall fireplace or cozy corner unit, look into an electric fireplace. Maybe the fact that each fire is an achievement, though, is dissuading. Gas fireplaces can also be labor-intensive to install but do not require the same ventilation as a wood fireplace. Consider each of the points mentioned above to make the best purchase for your house. Electric fireplaces, in comparison, pose less risk. A pre-built gas burning fireplace can range from $1,500 to $3,000 for the materials and fireplace. Wood and gas fireplaces can be permanently installed outdoors to improve property value, too. They are typically more expensive to install than electric fireplaces, but they offer several benefits. For frequent use, though, gas may be the best. If all one wants to do is occasionally use a fireplace, the environmental impacts will be minimal. Easier Resale Value: Since they're safer and easier to operate, electric fireplaces tend to have higher resale values than their gas counterparts do. A constantly running gas fireplace will produce enough energy to maintain a stable temperature in a room with minimal intervention. venice train station to palazzo veneziano, glow stick eyeglasses, patagonia arbor roll top pack,

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