Does a fireplace add value to a home?

In recent times, the popularity of adding fireplaces in your home is slowly declining; however, it is still a desirable feature when buying a new home. One important reason to add a fireplace in homes could be the value it adds to a home. According to the National Association of Real Estate Appraisers, the resale value of a home increases by 12 percent if it has a fireplace. The addition does not only enhance the aesthetics of the home’s interiors but also increases the resale value of a home. One of the most common questions experts of fireplace installation and fireplace repair in Sacramento get is which type of fireplace is the best. Wood burning, electric and gas fireplaces are the tree types that people can choose to add to their homes.

Know the reasons why adding a fireplace is a worthwhile investment that also increases a home’s value:

• It reduces the consumption of the central heating system. If you heat only the room that needs to remain warm, you will be able to save up on your heating bills. 
• It becomes the main point of attraction in your home. Your home will become more attractive to potential buyers.
• Delivers a cozy and warm ambiance to your home.
• Makes family members spend more time together. 
• Choosing to add a fireplace to your home is an eco-friendly option. 
• When reselling or selling a home, the fireplace is considered a desirable option by many people. At least 42 % of people are willing to pay $1500 more for a home with a fireplace.
• Adding a fireplace increase a home’s value by 12%, thus giving you a good return on your investment.

Which fireplace is best to add to a home?

It depends on what you want when adding a fireplace. Compare the benefits each type provides in order to make a good decision.

Electric Fireplace:

An electric fireplace is less expensive and also doesn’t need much maintenance. They heat the rooms much quicker than a wood-burning fireplace. But this type is not good if you want to add more value to your home. It is good for people who are looking to enhance home aesthetics on a low budget. Electric fireplaces last 10-20 years and may need repairs from time to time from services offering fireplace repair in Sacramento. 

Wood Burning Fireplaces:

Amongst the most popular fireplaces, wood-burning ones are in the top position. When you light wooden-burning fireplaces, these give a sense of good relaxing and warm fire. However, this type needs a lot of maintenance. For installing wooden-burning fireplaces, you will need to install a chimney first, if you don’t have one in the first place. Having a chimney requires you to be regular with a chimney cleaning service in Sacramento as a part of fireplace maintenance.

Gas Fireplace:

Like electric fireplaces, gas fireplaces also are for budget-conscious people looking for making their home look desirable; however, these fireplaces can add extra costs if you don’t have a gas line connected to your gas fireplace.