
If you want to add a fireplace to your existing home, ask yourself what value it brings to you and your property.
For homeowners considering adding a fireplace to their existing home, here are answers to the key questions you need to ask to determine if a fireplace is right for you.
1. Is It Possible?
With the variety of fireplace options available today, from traditional wood-burning masonry to wall-mounted ventless units, it would be difficult to imagine a situation in which it would be entirely impossible to add a fireplace of some sort.
There’s also the question of fuel: If you’ve got the space to safely store stacks of wood (not against the house--a fire hazard--but within convenient proximity) or an existing source of natural gas or propane, then you’ll increase your options.
2. How Much Will It Cost?
Costs for materials and labor to add a new fireplace can run the gamut from several hundred dollars to several thousand. Among the most popular options, a factory-built gas/propane fireplace unit runs about $2,000 for a basic materials package; add to that at least another $5,000 for the cost to hire professional tradespeople to cut a hole in an exterior wall, frame and build a chimney, install the fireplace, and add a surround and mantle.
Figure on spending about half that or less for a fireplace that vents horizontally through the wall--called a direct-vent fireplace—which eliminates the costs of building a vertical flue and chimney extension, and for simpler finishes around the fireplace opening.
The installation and finishing costs of such units, however, is about the same as the natural gas fireplace.
For those powered by electricity, they are significantly less.
3. Will I Recoup My Up-Front Costs?
A fireplace generally isn’t calculated separately in a professional home appraisal, though real estate salespeople often consider it to be a hot button among potential buyers. According to the National Association of Realtors, 46% of homebuyers said they would pay extra for a house with at least one fireplace, the most popular “desired feature” in the survey.
4. Where Will It Go?
If you’re thinking payback, put the new fireplace in the most-used room in the house (besides the kitchen). That’s usually the family room or great room. But if your goal is personal enjoyment or perhaps the more practical goal of space heating, the best place is where the unit best serves those purposes: to enhance the sitting area of the master bedroom, to heat an office or guest room at the far end of the forced-air system’s duct run, or for holiday ambiance in the lesser-used living room.
And don’t forget the backyard: About 3 million outdoor fireplaces are installed every year as part of an overall trend toward more extensive outdoor living spaces. Expect to pay about the same for an outdoor unit, installed, as you would a comparable indoor fireplace, though don’t expect the outside unit to be an efficient heating source; rather, more so for ambiance.
5. Is a Fireplace Energy-Efficient?
It’s true that a traditional, wood-burning fireplace in a big, open room--while romantic and impressive to guests--is an energy hog by continually sucking conditioned indoor air for combustion and losing most of its heat up the chimney. But sealed units (including those that burn wood) have the mechanics, controls, and venting systems to use outdoor air for combustion, reduce thermal loss, and effectively supplement the home’s primary heating system. A fireplace used for “zoned” or small-area space heating can lessen the energy demand on the furnace and reduce utility bills by allowing you to turn down your thermostat when the fire is going.
Theoretically, a series of well-placed and right-sized fireplaces might completely replace an existing home heating system. A direct-vent gas fireplace is much more efficient as a per-room space-heating option than a traditional central forced-air system (using a furnace). It’s very wasteful keeping your whole house at 70 degrees all the time. If everyone used one of these fireplaces to heat just the rooms they use, when they use them, it would cut the residential heating load by 20%-25%.
Are you interested in updating your fireplace? Contact The Fireplace Shop and Grill Center at West Sport in Sudbury.
Source: houselogic.com