A fireplace does not only provides charm and warmth, but it will add value to your home as well. Homeowners recoup 130% of what they invest in building a fireplace, and homebuyers at a rate of 78% find them desirable. Check out this article Top Summer Home Project: Fireplace Install to see if this summertime project it for you.
Fireplace installation costs between $100 and $5,600 depending on the type. The cost to install a gas fireplace is $2,300 to $4,000, a traditional wood-burning fireplace runs $1,900 to $3,300, and an electric fireplace costs $100 to $2,200. Building a masonry fireplace costs $3,500 to $5,600.
Is a fireplace a feasible project?
Building codes may have restrictions that make the addition problematic. The height of the chimney may be regulated, and the firebox and flue may not fit into your existing home. Some places have local regulations that may curtail the amount of smoke you’re allowed to emit.
What about the cost of a fireplace install?
Your price to keep in mind start with the wood-burning firebox or factory-built gas/propane unit. Building costs of framing, installing, and adding an interior mantle pushes the price much higher. You can cut costs by opting for a fireplace that vents horizontally through the wall, eliminating the chimney installation expense.
Will it reduce energy efficiency?
To feed the combustion of a roaring fire, it pulls warm indoor air out of the home and then sends the heat up the chimney, which often increases heating energy use. Costly thermal loss can be nearly eliminated by installing a sealed unit that utilizes outdoor air for combustion and direct venting instead of a chimney.
Depending on what you learn from building codes and talking to your contractor, the intended use of your new fireplace, and your home’s capacity for firewood storage, you will need to decide on fuel. Fireplace inserts, wood stoves, and full-on stonemason constructed hearths all have their value and associated construction and installation costs. You’ll have to do a bit of research to make sure that you’re selecting the right fireplace for your budget and needs, but your home will be that much cozier for you and your family next winter when you need it most!
Need Help or have questions about Top Summer Home Project: Fireplace Install? Contact Us online at or give Us a call at 1 (503) 3357-8810. From concept to completion, we provide full remodeling services. Let’s Build It!
Kurt Kopp is a dedicated professional with a commitment to excellence. He is a master builder of over 35 years of experience that strives to deliver the highest quality product to his valued customer.