Thursday, January 10, 2019

Adding a Fireplace

Ready or not it’s winter! The solstice has come and gone. The days may be getting longer but it’s still gonna be cold out for the next two months. What better way to wait out cold winter days than in front of a fireplace? So what if your house doesn’t actually come with a fireplace. You can always get install one. Yes, I just told you to install a fireplace in your already fully built house.

Here’s the thing, we’re deep into the late 2010s. You don’t need to take out part of a wall and build a chimney to get a fireplace if you truly desire one. It’ll definitely cost money, a lot of money… it’s an investment. Think of a fireplace as a slightly risky investment, an investment you can enjoy and could, maybe payoff.   

So, fireplaces are a desirable feature. Almost 40% of homebuyers said they would pay extra for a house with a fireplace. The best way to maximize the payoff of a fireplace is to ensure that the price of the fireplace is proportionate to the overall value of the house. A fireplace isn’t calculated separately in a professional home appraisal a $10,000 fireplace holds its value in a $1 million house because buyers expect this feature in an upscale home but a $10,000 fireplace won’t be such a crucial component of a $100,000 house. The fireplace is not going to be the main draw of a lower scale home… so maybe focus on other stuff, like curb appeal.

Also, put it somewhere it’ll actually be used, like a den, family room, great room, etc. Equip your fireplace with energy-efficient glass doors and an exterior venting system that prevents heated air from being pulled out of rooms. If you want fireplaces for smaller rooms, if you are so inclined, to think about a small gas fireplace that’s easy to maintain.

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