Are electric fireplaces good for resale?
GOOD NEWS! The opinion of the National Association of Real Estate Appraisers is: “A homeowner can often recover over 100% of the expenses associated with adding a fireplace upon selling their home. Adding a fireplace can increase the resale value of the home by as much as 6 – 12%”. Good news, indeed!
Which electric fireplace insert is best?
The best insert electric fireplace is the PuraFlame 33” Western Electric Fireplace Insert with Remote Control, which offers customers a traditional fireplace look through its three-sided interior brick wall design.
How much is a new electric fireplace insert?
Most fireplace inserts and a professional installation cost about $2,000 to $4,000, depending on the state of your existing chimney and the model you select. Some electric models cost significantly less, but they offer less heat output than wood and gas fireplace inserts.
Do electric fireplaces add value to a house?
While an electric fireplace may not increase the value of a property in the same way a gas fireplace can, a budget-conscious consumer can create a beautiful setting with a premium electric fireplace unit. This, in turn, can create a more desirable living space.
Does a fireplace insert add value to a home?
A homeowner can often recover over 100 percent of the expenses associated with adding a fireplace upon selling their home. According to the National Association of Real Estate Appraisers, adding a fireplace to home can increase the resale value of the home by as much as 6-12 percent.
How good are electric fireplace inserts?
Electric fireplace inserts are an excellent option for anyone looking for a safe, energy-efficient, and low-cost way to stay warm. They come in many varieties and mimic the look of logs and flames – without the hassle of dealing with wood or the danger of smoke and flames.
Can you buy an electric fireplace insert?
Electric fireplace inserts are a safe, energy efficient, low cost alternative to gas and traditional wood fireplaces. These electric units are available in three types and offer remarkably realistic flame effects.
Can you replace electric fireplace insert?
Electric Fireplace Insert Replacement The first step everyone should do is to call the manufacturer of their original unit and inquire about recommended replacement inserts that are available. For most consumers this will mean contacting either Dimplex (1-800-668-6663) or Twin Star Inc. (1-866-661-118).
How much does electric fireplace cost?
An electric fireplace costs an average of about $700. Depending on the size and type of fireplace, you could spend as little as $200. Electric fireplaces are less expensive than the cost of installing a fireplace or woodstove, which can run from $850 to $3,500.
What fireplace inserts are the best?
Ashley Hearth Wood Stove Insert.
How much does a fireplace insert cost?
Gas Fireplace Average Costs. Top vented gas fireplace inserts cost $750 to $3,000, and installation adds another $500 to $1,000. Direct-vent gas fireplaces cost $1,000 to $3,500, plus $500 to $1,000 for installation.
Which electric fireplace insert is the best?
Best Electric Fireplace Inserts, Reviews Best Choice Products 28.5-Inch Insert. This electric fireplace insert is easy to install and requires no assembly. Classic Flame 36EB110-GRT 36-Inch Insert. Providing up to 4,400 BTU of supplemental zone heating and with flame effects that can be used with or without the heat, this insert Pleasant Hearth LH-24 Electric Insert.
How much are fireplace inserts?
The typical installation cost for an insert from Custom Fireplace & Chimney Care is $400-$500. Other factors that can affect the overall cost are the need to run natural gas plumbing lines or electrical wiring to the fireplace.