Why Home Buyers (and Sellers) Love Fireplaces

When it comes to making your home comfortable and doing what you can to increase resale value, you have a lot of options. However, one of the best things you can do is invest in a fireplace. There are numerous benefits to installing a fireplace in your home, from having a cozy spot where you can relax and warm up to increasing your home’s value if and when you decide to sell. If you’re on the fence about whether you should install a fireplace in your home or keep your existing fireplace, check out these 10 great benefits for reassurance.

1. Resale Value

One of the biggest benefits of having a fireplace in your home is that they increase home value. You might not be considering selling your home right now, but the fact of the matter is it’s always a possibility. And when you do decide to sell your home, little things like fireplaces can make a big difference to the buyer. In fact, according to a survey published in 2012, fireplaces are one of three amenities that homeowners would like to have in their home most. On top of that, 60 percent of new homes have fireplaces which is a big increase from the 36 percent in 1970, so fireplaces are becoming increasingly popular.

2. Heating Costs

When you’re considering investing in a home, it’s important to make sure you’re investing in a sound home that won’t cost you more money in the future. Unfortunately, many homes have outdated heating and cooling systems that are incredibly expensive to operate. With a fireplace, however, you can save money on your heating bill. While it may seem like fancy heaters are the best way to keep your house warm, there’s really no replacement for having a good fireplace in your home. Not only do fireplaces provide a ton of heat in a short period of time, you can get a cord of firewood for a reasonable price so you always have wood on hand to heat your home.

3. Ambience

It’s hard to argue against the convenience of a whole-house heating system with a digital thermostat, but there’s something fireplaces provide that a modern heater could never: ambience. As much as home buyers want to invest in a home with all the latest features that save them time and money, they also want to buy a home that provides the look and feel they want. The ambience of your home is what separates it from the pack, so every little thing you can do to make it feel a little cozier is a step in the right direction. Not only are fireplaces a nice aesthetic addition to your home, they’re great for setting the mood in a single room.

4. Power Outage Proof

If you’ve ever lived in a home with an electric heating system, you know how frustrating it is to have the power go out. The worst part is, power outages tend to happen during inclement weather, which is generally when you need your heating system and other amenities the most. Homes with fireplaces don’t have to worry about this because wood-burning fireplaces don’t use any electricity. If your power goes out in a home heated by a fireplace, you can simply toss a couple logs on the fire to keep everyone warm and provide a bit of light in the darkness.

5. Eco-Friendly

Whether you’re using a gas furnace or an electric furnace where the electricity is being created through non-sustainable sources, you’re not doing your best to reduce your carbon footprint. While you might think wood-burning stoves would produce a lot of smoke that could harm the environment, the opposite is actually true. Today’s wood stoves are designed to be incredibly efficient, which saves you money and means you don’t have to worry about emissions. That’s not the only thing that makes wood stoves eco-friendly, either; on top of that, wood is a sustainable energy source, which means you’re helping the environment even more by opting for a fireplace.

If you’ve ever lived in a home with an electric heating system, you know how frustrating it is to have the power go out. The worst part is, power outages tend to happen during inclement weather, which is generally when you need your heating system and other amenities the most. Homes with fireplaces don’t have to worry about this because wood-burning fireplaces don’t use any electricity. If your power goes out in a home heated by a fireplace, you can simply toss a couple logs on the fire to keep everyone warm and provide a bit of light in the darkness.

6. A Romantic Area

If you want to increase home value, you need to think about the things people want out of a home. As previously mentioned, the biggest things you can do to set your home apart from the other homes on the market is make it look better. For many home buyers, having a place to relax and enjoy each other’s company is a big selling point, and that’s exactly what you get when you buy a home with a fireplace. Not only do fireplaces provide a sort of cozy, romantic ambience, you can make the area feel even cozier by adding a few chairs and a side table near the fireplace.

7. Multipurpose

When a home buyer invests in a home with a fireplace, they’re doing it primarily because fireplaces are a great source of heat. However, one of the best parts about fireplaces is that they can be used for various things. You don’t have to worry about heating up a burner to boil your water for coffee in the morning; instead, you can simply boil your water on top of your wood stove. In addition to saving you money since you don’t have to run electric appliances, this also means you don’t have to worry about not having a way to cook when the power is out. As long as you have wood, you have a place to cook and stay warm.

8. No Electricity Dependence

With the increasing popularity of people living off the grid and doing what they can to provide their own resources, now is the perfect time to invest in a fireplace for your home. Whether you’re trying to increase home value because you’re about to sell or you simply want a different heat source in your newly purchased home, fireplaces are always a great option. While you’ll still need electricity for other appliances, having a fireplace means there’s one less thing you have to depend on the power company for.

9. Interior Design

There was a time when fireplaces were fairly basic and didn’t do a whole lot to add to the interior design of your home, but those times are long gone. In addition to providing an energy-efficient and convenient source of heat, modern fireplaces also increase home value by adding to the aesthetics of a home. You can find fireplaces in all sorts of different designs, whether you’re looking for something basic or something with a little more flair. As a matter of fact, you can even find fireplaces that are designed for installation in the corner of a room so they don’t take up too much space.

10. Convenience

While a fireplace might not be quite as convenient as having a digital thermostat that you can use to crank the heat up, it’s still an incredibly convenient way to heat your home. Newer fireplaces make the process of adding wood and starting a fire easier, which means there isn’t as much tinkering you have to do to get it started. Even better, you can keep your fire going once it’s started by simply adding a log every once in a while, so there isn’t a whole lot of maintenance you have to worry about once you get past the initial steps.

As a buyer, it’s important to find a home that fits your needs. If you’re looking to sell your home, installing a fireplace is a great way to increase home value and make your home more desirable. If you’re shopping around for your dream house, you might want to consider investing in a home with a fireplace. Not only are fireplaces a great addition to a home in terms of aesthetics and ambience, they’re also an efficient and versatile heating source.