If you’re looking to increase the value of your home, a fireplace can be a great investment. They provide great warmth and aesthetical appeal whilst providing functionality and a focal point in any room. Here, we’ll discuss the ways that fireplaces can add value to your house.
Fireplaces are seen as a luxurious feature in homes, and they can instantly enhance the aesthetic appeal of any room by adding character. A fireplace is a focal point that draws attention to a space and can even make the room feel cosier, warmer and more inviting. Buyers are often willing to pay more for a home with a fireplace because it adds that extra touch of elegance and sophistication to the space.
Many modern fireplaces are designed to be energy efficient meaning they can help lower heating costs in the home. Energy-efficient fireplaces use wood to create heat which reduces the need for gas. Fireplaces and stoves are designed to produce a comfortable amount of heat and can keep a room warm for longer periods. Buyers who are environmentally conscious or who are looking to save on their energy costs will appreciate a home with a wood-burning fireplace.
Increased Home Value
Because fireplaces are often considered a desirable feature, they can help increase your home’s overall value by around 5%. Although this doesn’t seem like much, when you put into context the value of the house, it’s a larger sum than you think. However, there is a range of factors that are taken into consideration, such as the type of fireplace, the size of the room, and the overall design and quality. Overall, buyers are often willing to pay more for a home that has one!
Fireplaces are more than just a heating source, they can serve as a decorative element for displaying art, family photos, ornaments and other decorative items. It’s also a great place to show off your Christmas decorations and hang stockings! The versatility of a fireplace is another reason why it adds so much value to a home. It can serve many functions and add an extra bit of functionality to the space.
Unique Selling Point
Finally, a fireplace can be a unique selling point for your home setting it apart from other properties on the market. By adding a fireplace, you can create a feature that’s memorable and distinctive which gives your home an edge over the others in the area.
In conclusion, installing a fireplace in your home is a smart investment that adds aesthetic appeal and resale value. If you’re looking to boost your home’s value, take a look at the huge range of fireplaces and stoves we have in stock at Wakefords.