It also guarantees that you are getting the most heat possible without energy lost in combustion. Gas is generally less expensive than electricity, and running a gas fireplace is typically cheaper than running an electric one. Whatever the reason, gas fireplaces have certain advantages over their wood-burning and electric counterparts. The most common fireplaces on the market are wood, gas, or electricity. Because gas burns so efficiently, less of it is needed to heat a space. If your home already has a chimney, but it needs repairs to allow you to burn wood, you can expect to spend less. Like any good home improvement, location is key. Electric fireplaces are only best for already heated homes that dont need a new steady stream of warmth. Source: (Element5 Digital / Pexels) Lack of practical use, added cost hurts fireplace appeal https://www.homeadvisor.com/cost/heating-and-cooling/install-a-fireplace-or-woodstove/?prevPage=PR, https://www.fixr.com/costs/chimney-installation, https://www.entekhvac.com/best-electric-furnace-gas-furnace/#:~:text=Generally%2C%20the%20gas%20units%20heat,electric%20units%20in%20extreme%20temperatures.&text=Electric%20furnaces%20are%20typically%20only,with%20hot%20or%20mixed%20temperatures, https://www.hgtv.com/lifestyle/clean-and-organize/fireplace-maintenance-and-safety, https://www.heatilator.com/shopping-tools/blog/thinking-about-installing-a-gas-fireplace-ask-yourself-five-questions, https://www.heart.org/en/news/2019/12/13/lovely-but-dangerous-wood-fires-bring-health-risks#:~:text=Although%20the%20image%20of%20a,enter%20the%20lungs%20and%20bloodstream, https://www.pinedalegas.com/natural-gas/hazards-of-natural-gas. You can dial in the exact temperature you want and the fireplace will maintain it throughout the night. Not every fireplace is easy to install. If you truly feel up to it, a solid DIY project could get an outdoor wood fireplace running. A wood-burning stove can be inserted in an existing chimney and masonry. You should figure about $3,500 for the unit and installation, plus the utility costs of gas. Ouronline iValuationcan help you find out how much your home is worth. Wood-burning fireplaces can cause different health issues. Reliable gas and electricity hookups are necessary for gas and electric fireplaces. Aim to heat large spaces most of the time or even all the time. Have low electrical costs in your localities. To prevent the buildup of this toxic gas, proper ventilation of a fireplace is necessary. Gas fireplaces require less maintenance than wood-burning models, and theyre easy to use just flick a switch or push a button to get the flames going. If youre considering adding a fireplace to your home, you may be wondering whether a gas or electric model is the better choice. Electric fireplaces have a lifespan of about 20 years, making it clear that they have a longer lifespan than traditional wood-burning fireplaces and even gas fireplaces. Wood burning fireplaces require more maintenance than their gas and electric counterparts. In either case, experts recommend hiring a structural engineer beforehand for about $500 to assess the project professionally. At HomeLight, our vision is a world where every real estate transaction is simple, certain, and satisfying. Costs will go up depending on how much wood you burn and how ample the space that needs to be heated is. Gas fireplaces provide instant heat and can be used even if the power goes out. Secondly, think about the style of the fireplace and the overall look you are trying to create in your home. This can be a draw for homebuyers who are searching for a home that they can connect with on an emotional level. If you are considering adding a fireplace to your wall, your first consideration should always be safety. The low efficiency of gas fireplaces means that you'll spend more to keep your home heated compared to choosing an electric one. In addition to the affordability factor, Spurgeon notes that fireplaces have been labeled outdated due to their cost to install and upkeep, and the advancement of modern efficient heating systems. The National Fire Protection Association recommends homeowners do a chimney sweep once a year to check for deposits and correct clearance, which calls for writing a $244 check on average each time. If you need to remove a chimney or fireplace because of a structural problem or to create more open space, expect to pay about $500 to $2,000 for a partial removal or demolition, or roughly $4,000 to $6,000 for a complete removal. A gas fireplace or wood fireplace can last virtually forever, though. The cost of maintaining these fireplaces depends on the geographical area and size of your fireplace and chimney. Valuing the ROI on your new fireplace can be a bit tricky because fireplaces arent calculated separately during a home appraisal. Customization, where the fireplace will go, can raise the price, but a barebones installation can be pretty low. Two of the most important factors are fuel type and installation type. According to The National Association of Realtors, adding a fireplace can raise your home value by asmuch as $12,000. HomeLight, Inc. 100 1st Street, Suite 2600, San Francisco, CA 94105. Its not adding the value on resale that maybe it once did, he says. This . Those living in a place that does not become cold often may want to look towards electric fireplaces as an option. Keep in mind, with that kind of money you could also do a sizable upgrade to your kitchen or main bath. Advantage Gas remains constant all the time and no temperature changes, unlike a traditional wood-burning fireplace. Even electric fireplaces will produce greenhouse gases unless wholly sourced from renewables. A steady stream of natural gas is all a gas fireplace needs to keep a room warm. Markus finds both pluses and minuses with an all-electric design. Cooked food receives only 40% to 55% of the heat generated by a gas stovetop, compared to 90% for induction and 65% to 70% for electric. The only required resources will be some solid firewood and the skills to start it up. This home renovation is often overlooked and could be the spark that your home has been missing! They come in a variety of different styles and finishes, so you can find one that perfectly suits the look of your home. If your home is rural, wood could be right for you. 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. How can you make sure youll get a good return on your investment? Gel-powered ventless fireplaces cost $300 to $700. Copyright 2009-2023 Portablefireplace.com, The industry experts of electric & infrared fireplaces, decide if an electric fireplace is right for you. That is the question. 9 Best Electric Fireplace Mantels (Reviews and Buying Guide). A constantly running gas fireplace will produce enough energy to maintain a stable temperature in a room with minimal intervention. There are several reasons for choosing an electric fireplace, some of which we have already mentioned in above points. The main downside of electric fireplaces is that theyre not as realistic as gas models most people say they give off more of a fake heat than actual warmth. Fireplaces that run on pellets, sawdust, wood, or similar materials are a great option for the eco-friendly home improver. A small gas exhaust pipe can range from $500 and $1,000 for cost and installation. When youre ready to install that fireplace, consult this brief overview of several different types of fireplaces and what you can expect to spend: A wood-burning fireplace has a lower utility expense but requires the most involved installation from the ground up. So will a fireplace add value to your home? They can heat your home in a more efficient way. As with any home renovation, your upgrade is relative to the overall value of your home. A wood fireplace can be the most difficult or easy to install, depending on what already exists. Can You Use Pallets for Firewood (Is it Safe to Burn)? There are no electrical outlets or any damage to cords, so they pose no danger or risk to you and others. They are easy to install and can be used in a variety of different ways to create the perfect ambiance for your home. Gas vs. Electric Fireplace: Resale Value 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. Electric fireplaces use electricity to generate heat. The fireplace is one of the most preferred features of a home and failing to upgrade could lead you to miss out on an easy financial opportunity. Removing these older fireplaces requires major home surgery. Installing a new chimney and fireplace will require upwards of $5,000 in masonry, contracting, and supplies. The bulk of its cost will be laying a new gas line and hiring an electrician to hook up everything requiring electricity safely. Furthermore, 40% of homebuyers said that they would even pay extra for a house with a fireplace. In contrast, electric fireplaces end up adding minimal value to your home. Wood fireplaces are more expensive but provide a realistic ambiance. No matter the type of fireplace, supervision is required. Spurgeon says that the type of fireplace (wood, gas, electric) doesnt appear to have an impact on the value-add, though it should be noted that a removable fireplace falls into the personal property camp and will not be included in an appraisers valuation at all. Maintenance is regularly needed when it comes to your gas fireplace. Further, a wood fireplaces ambiance and mood are a big bonus. Clear away the clutter and dont over-decorate. A gas or electric fireplace is a beautiful addition to any home. Fireplaces can be works of art as much as utilities. Read More: Best Propane Fireplaces: Top 5 Reviews. Electric fireplaces are also a great choice for people who want the convenience of being able to turn the fireplace on and off with the flick of a switch. I would be hesitant to buy a house without one because of how much I like to snuggle up around one in the dead of winter.. Gas fireplaces are far better than wood-burning and provide an appealing look to your room while being energy efficient. You should also check with your homeowners association, fire department, and local municipality about any building codes regarding fireplaces and types of installation. wood-burning fireplace can cost up to $30,000, Only 7% of new single-family homes in 2018 that were priced under $150,000 had fireplaces, more than 17.5 million fireplaces nationwide, chimney sweep once a year to check for deposits and correct clearance, about $225 to $2,200, not including installation, recommended fireplace and chimney maintenance, $500 to $2,000 for a partial removal or demolition, roughly $4,000 to $6,000 for a complete removal, dry sponge Magic Eraser or all-purpose cleaner diluted with water, Clean up your fireplace mantel prior to resale by removing soot and smoke stains. In recent years, this number has slipped as a result of developers choosing to skip out on a fireplace in an effort to reduce costs. Average installation costs of pellet burning fireplaces range from $4,000 to $10,000. An electric fireplace is a great way to add warmth and atmosphere to a room, without the need for a chimney or flue. Not only is the whole family happy and calm, but the fire was an achievement in itself. Theyre also more efficient than electric fireplaces, and they dont produce any emissions. Gas fireplaces are more predictable. Gas fireplaces are typically more expensive to install than electric ones, but they offer a real flame that many people find more appealing. Electric fireplaces range in price from $1,500 to $3,500. Many electric fireplaces are portable. If youd like to update your space without replacing the entire fireplace, try swapping the glass doors or enclosure. And thats in the Midwest, where freezing winter temperatures only enhance the cozy allure of an indoor fireplace. All types of fireplaces need annual servicing. Wood fireplaces require constant maintenance to keep aflame and produce less heat. You will have the most realistic flames in gas fireplaces; however, the artificial flames in electric fireplaces also have a very realistic appeal. Gas fireplaces will, on average, run about $2,500 to install. So youre spending less upfront and potentially gaining more from your investment as far as buyer appeal. Fireplaces can be either gas or electric, and they can be either insert or free-standing. 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. Of course, there are a few factors that can affect this, like the cost of gas in your area and the efficiency of your fireplace. Electric fireplaces are the least efficient and will put out the least heat. Gas Fireplace Vs. Electric Fireplaces: Pros and Cons, The 7 Best Zero Clearance Gas Fireplaces In 2022, Gas fireplaces are typically more realistic in terms of appearance and heat output than electric fireplaces, Theyre also more energy-efficient than wood-burning fireplaces, They require professional installation, which can be costly, They also require a gas line, which may not be available in all homes, Gas fireplaces produce emissions and may not be as environmentally friendly as electric fireplaces, Electric fireplaces are easier to use than gas fireplaces, Theyre also safer since theres no risk of a gas leak, Electric fireplaces are a good option for homes that dont have a gas line, Electric fireplaces require no professional installation, making them a more budget-friendly option, However, theyre not as realistic as gas or wood-burning fireplaces, Electric fireplaces also dont produce any emissions, making them a more environmentally friendly option. 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