Does a fireplace add value to a home?
Date Published: July 15th, 2022
Does a fireplace add value to a home? The short answer is yes. Installing a new fireplace can increase the value of your home by up to 5%! This may not seem a lot, but consider this: your house is worth £200,000, a value boost of 5% on top of that would make your home worth £210,000. This figure has been agreed upon by housing experts (estate agents and evaluators) due to the practical purposes and aesthetic qualities of a fireplace. Read on to find out more about the value that fireplaces add to a home.
Reasons A Fireplace Can Add Value
Improved Appearance
Fireplaces improve the appearance of your home, especially if you invest in an attractive, modern installation. A modern fireplace can offer a selling point to potential buyers, as it can add a cosy, wholesome and homely aura to the house. However, an unattractive and old fireplace can have the opposite effect and could be considered an eyesore rather than an aesthetically pleasing element to the room. So, it is important to upgrade the fireplace in your home if you want to add value to it.
There are also unique installations of fireplaces which improve the appearance of your home and create a focal point. For example, a media wall fire can take your living space to the next level. These installations are modern, sleek and neat, and create a much more appealing way to enjoy your TV rather than using a TV stand or bracket.
FLAMERITE GLAZER 1300 INSET ELECTRIC FIRE
Price: £1,784
Energy Efficiency
Energy efficiency plays a huge role in the value of your home, and it is something that a fireplace can help with. As the government and general public are becoming more eco-friendly for moral and financial reasons, energy-efficient houses are becoming more desirable. Also, heating and energy bills are on the rise in the UK, which makes it a good time for you to utilise ways to save money in the long run.
Installing an energy-efficient fireplace can add to the value of your home and save you money on bills - there are no downsides!
How to Maximise the Value of Your Fireplace
- Keep up with fireplace maintenance: Ensure that you regularly clean your fireplace in the proper and suggested way (refer to manufacturer’s manuals). If you have a chimney before you install a new gas or solid fuel fire you should have it swept by a professional chimney sweep.
- Get the location right: Consider where you will get the most out of your fireplace. This is usually in areas that get really cold during the winter.
- Properly prepare the area before installing: Clean, touch up and clear away the area where you will be installing the fire.
What Type Of Fireplace Adds The Most Value?
Value Added By A Wood Burning Stove
Imagine a cold winter’s night with the snow falling outside, and you are cosy indoors in front of the fire, and you can hear the crackling from the wood burning stove in your home and feel the natural warmth it gives off.
GALLERY HELIOS 5 ECO MULTIFUEL STOVE
Price: £547
Wood burning stoves are luxurious, attractive and efficient fireplaces that create a cosy and relaxing atmosphere in your home. This type of fire creates a beautiful focal point in your house, and due to its efficiency, it can help reduce your heating bills, adding significant value to your home. And with energy prices skyrocketing, real wood stoves are a more popular choice.
At Fires2U, we have lots of wood burning stoves from some of the leading brands like Portway, Dik Geurts, Spartherm and Gallery.
Value Added By A Gas Fireplace
Gas fireplaces are the most efficient way to heat your house, and the appearance of these installations is modern and sleek, ideal for contemporary houses that are looking to add a centrepiece to the living space.
One of the great things about gas fireplaces is the versatility that they offer. You can enjoy a balanced flue or flueless gas fire in your home, which means that you can get the fire installed even if you do not have a brick chimney. There is also creative freedom when it comes to gas fires, as there are unique installation options such as hole in the wall gas fire or gas stoves.
ELGIN & HALL CALLEOS CHOLLERTON 16" HE HIGH EFFICIENCY GAS FIRE
Price: £1,085
Fires2U are proud of the huge selection of gas fireplaces that we have for sale. The fires that we sell are practical and aesthetically pleasing. Check out some of our bestselling products from market leaders like DRU, Flavel, Elgin and Hall and Crystal.
Value Added By An Electric Fireplace
An electric fireplace is a modern, appealing and practical choice. You can place one anywhere in your home without the worry of needing a chimney. You can even purchase a freestanding electric fire or stove, which offers unlimited possibilities for installation or if you want to complete freestanding electric fireplace we offer a great range of these products on our website too and these can often be fitted on any flat wall in your home.
BROSELEY CANTERBURY ELECTRIC STOVE
Price: £720
It is a common misconception that electric fireplaces are expensive to run. They are in fact extremely efficient and cheap to install, and you can still save money on energy bills.
You can find the ideal fireplace for your house on Fires2U. We have many different designs from the top brands in the UK like Flamerite, Elgin and Hall and British Electric Fires. We have something for everyone.
If you have any questions or you need advice, then do not hesitate to get in touch with us for a helping hand.
