Having a fireplace outdoors can provide a great gathering spot for a home. Save my name, email, and website in this browser for the next time I comment. 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. Most homeowners are not very concerned about fireplaces, probably because they dont see as much use these days, and they would rather spend their money elsewhere.. Wood is also the most reliable way to heat a space. If youre looking to add a fireplace to your home, you may be wondering whether a gas or electric model is the best choice. On the other hand, electric fireplaces are often seen as a more affordable option that doesnt really add anything special in terms of resale value. Gas fireplaces produce real flames, and they are very efficient at heating a room. This means that some of the heat you need to sear a steak will release into your kitchen, making it warmer and more stuffy. A gas fireplace that is pre-built can range from $900 to $3,000. Despite being far more durable than the traditional space heater, they nonetheless come with the same safety measures. How Much Does It Cost to Build a House in 2023? A barrier between the room and the flames will reduce the risk of unwanted sparks. Talk to your contractor orreal estate expertin your area to find out how common fireplaces are in your region. Moreover, you can enjoy electric fireplaces pets with or without heat throughout the year, even when the room is not to be heated. Wood can burn reasonably clean, but it still leaves layers of soot that are an ignition hazard. To keep or not to keep? This is a good indication that fireplaces are desirable for high-end home buyers. The most variable factor is the cost of running a gas fireplace, as it depends totally on model size and the number of BTUs they put out. An outdoor fireplace is less versatile than a wood one but better if little effort is wanted for an instant outdoor gathering spot. Installing the same fireplace in two different homes will not necessarily equate to the same increase in resale value. A constantly running gas fireplace will produce enough energy to maintain a stable temperature in a room with minimal intervention. But is it always worth the investment? Other recommended fireplace and chimney maintenance includes having a wire-mesh cap atop the chimney to keep out birds, squirrels, and debris, plus removing excess ashes. You can choose from eco-friendly gel fireplaces or opt out for an energy-efficient electric fireplace. 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. The cost includes the unit itself, plus wiring. Theyre a great way to enjoy the heat and ambiance of a fire without the mess. This home renovation is often overlooked and could be the spark that your home has been missing! These fireplaces are grand at heating areas, dont require any new utility hookups, and are as clean as possible. However, if your environment is warm and humid year-round, this may not be the smartest update for you. The only exception would be if you buy a gas fireplace and currently do not use anything powered by gas in your home, you would need to hook your new gas fireplace up to a gas line. Is It Better to Have a Gas Or Electric Fireplace? Category: Categories Electric Fireplaces, Gas Fireplaces, Wood Fireplaces. Although the EPA lacks more recent stats on total fireplaces nationwide, data from the new construction sector would indicate that fireplace popularity continues to wane. However, with proper installation, regular maintenance and cleaning, and responsible use, you can extend the lifespan of your gas fireplace and enjoy its warmth and comfort for years to come. If you want a linear wall fireplace or cozy corner unit, look into an electric fireplace. Electric fireplaces also add a touch of class and sophistication to a room, making it feel more luxurious and inviting. Chimney costs vary drastically with a homes unique features. Sparks from a wood fireplace can quickly ignite unguarded carpet, drapes, or furniture. Gas fireplaces can produce between 7,000 to 40,000 British Thermal Units (BTUs) of heat, while electric fireplaces typically max out at roughly 5,000 BTUs. For installation of the gas burning fireplace components, the cost can range from $1,500 to $3,000. In fact, a fireplace can increase the resale value of a home from 6-12%. Statistics from NAHB confirm that fireplaces are less common at the lower end of the housing market because of the challenges of keeping new homes affordable. A fireplace may help a property sell faster because of the way it makes people feel, like a large tub in the master bathroom, Spurgeon says. As with any home renovation, your upgrade is relative to the overall value of your home. With our guide to modern fireplace trends and the value-add of this specialized upgrade, youll get insights into how much value residential appraisers attribute to indoor fireplaces. Sale prices down the road could immediately reflect that investment. Outdoor wood-burning fireplaces require only a place to burn the wood. Upscale homes are expected to have a fireplace so the absence of this feature could negatively impact pricing on such homes. Electric fireplaces can be reliable but are prone to burning out. To get free estimates from local contractors, please indicate yours. If youre considering a gas fireplace for your home, its important to weigh the pros and cons carefully. Theres no need to chop wood or fumble with electric cords. These can burn using wood, propane gas, pellets, or electricity, and range in price from about $225 to $2,200, not including installation. Fireplaces have different kinds, and today we will focus on Gas vs. Electric fireplaces. A gas fireplace will generally provide 8000-60,000 BTUs, which means it can heat a much larger space. If your home is from the 1900s your fireplace is likely connected to the foundation. Have high or very high electricity costs in your localities. Those living in a place that does not become cold often may want to look towards electric fireplaces as an option. If one room in the house doesnt get enough heat in the winter, space heaters are a worthy option. Further, you can control how much gas is being burned, making it easier to control the heat output of your fireplace. If youre looking for a cozy way to heat up your home this winter, you may be wondering whether a gas or electric fireplace is the better option. With so many options available, you should be able to find the size, style, and type of fireplace you need for your room. Gas fireplaces are not as safe as electric fireplaces as they produce a real flame whereas electric fireplaces do not. Though they are good for occasional moments, electric fireplaces are simply not good at keeping a sizable space warm. Whether if its wood, gas, or electric fireplaces, each will have its pros and cons. For those looking for effective heating methods, consider a wood/log stove that more efficiently traps the heat from wood-burning, or consider a gas fireplace. When budgeting for your new fireplace, you need to add to that cost the price of a gas exhaust pipe for venting. Required fields are marked *. In contrast, electric fireplaces end up adding minimal value to your home. Markus finds both pluses and minuses with an all-electric design. Thus, no ashes, smoke in the house, or opening and closing a flue. Even electric fireplaces will produce greenhouse gases unless wholly sourced from renewables. If this chimney is then maintained and shown to be effective, that can further improve the resale values of a home. This can offer insights into the viability of a fireplace and unique costs. Gas fireplaces, on the other hand, average 55% efficiency. They can heat your home in a more efficient way. If youre looking at heating your home on a budget, gas fireplaces are almost always the cheaper option. 3093 Bathurst St Suite # 657,Toronto, ONM6A 0A3. Gas fireplaces produce heat from actual flames, whereas electric fireplaces give off an artificial flame, which creates an illusion of real flames. If you install a gas or electric fireplace, theyll likely be enclosed with glass. Just because the fireplace cost a lot of money to install does not mean that the market will place much value on it, Spurgeon says. Gas also burns much cleaner than wood. Installing a new fireplace in any home can dramatically increase resale value. Cottage Fires2468 Pallet Street,New York, 10007914 414 9735. A few things to take into consideration when consulting with a technician would be where a fireplace would best fit aesthetically, the space you are considering installing it in, the needs of those living in the home and safety. You will have the most realistic flames in gas fireplaces; however, the artificial flames in electric fireplaces also have a very realistic appeal. This can be a draw for homebuyers who are searching for a home that they can connect with on an emotional level. If its in the luxury market, its something as an expectation as an amenity, so not having it, you wind up losing value, says Eric Forney, a real estate agent serving Indianapolis, Indiana, who sells properties 38% quicker than the average agent in that area. Gas fireplaces are far better than wood-burning and provide an appealing look to your room while being energy efficient. The OP also noted that their's was not a lower-end range. This provides the most tremendous heat potential for the least amount of pollutants. Add Value to your Home with an Electric Fireplace! Fireplace value also hinges on the home overall and how well the fireplace matches the homes quality. One of the most common questions homeowners ask when adding a fireplace to their home is which type is best. Keeping a wood-fire chimney in safe working order will not only keep it safe but will make it more appealing to home buyers down the road. If you live in a climate that sees cold winters or even cooler nights, virtually any place in your home could use a fireplace. The choice of where to put your fireplace depends on what you are using it for. So how does an appraiser value that amenity? Header Image Source: (Andrea Davis / Unsplash). Gas fireplaces can also last a long time, but they are more sensitive than a wood fireplace. A large stone fireplace with a wood mantel is expected in a hunting lodge, but if the same fireplace was in a $200,000 home, it would be out of place and may even negatively impact the sale price, Spurgeon says. When you want your room to have a certain ambiance, you have to go with gas fireplaces. Gas fireplaces have the most efficient heat output. You will be paying a premium to run an electric fireplace. If your home has an older, open-combustion fireplace, you can upgrade to a fireplace insert a self-contained unit inserted into an existing firebox. Many homes with high property values have fireplaces. These are pretty easy for builders to work with. Youve spent too many cold nights around the Netflix Yule Log and crave the warmth and comfort that only a genuine fireplace can offer. Our expert reviews and evaluates the gas vs electric fireplace resale value by using the support from AI consumer reports and Big Data. Costs will go up depending on how much wood you burn and how ample the space that needs to be heated is. The gas can cause various injuries and death if not noticed in time. Easier Resale Value: Since they're safer and easier to operate, electric fireplaces tend to have higher resale values than their gas counterparts do. Take a look through current remodeling trends to help you decide. Electric fireplaces are the least efficient and will put out the least heat. Valuing the ROI on your new fireplace can be a bit tricky because fireplaces arent calculated separately during a home appraisal. Of unwanted sparks, if your home on a budget, gas fireplaces, gas, or furniture wood fumble... $ 3,000 help you decide on what you are using it for larger space & # x27 s. Wood-Burning fireplaces require only a genuine fireplace can increase the resale values of a home creates an illusion of flames... 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