As a homeowner, you are probably aware of how different types of improvements and projects could affect your home’s value. Even if you aren’t getting ready to list your home right away, it’s still a good idea to consider how the things that you do to modify your home could increase or decrease its overall value. If you’ve thought about installing a fireplace in your home, you might be aware that it could benefit your home’s valuation, but you may be surprised about just how much of an impact it can make. Consider how having a fireplace in your home could impact its value, and think about whether the cost of installation is worth it for the potential benefits.
Fireplaces and home values
While working with a fireplace designer in Seattle, WA to add a fireplace to your home may not directly affect the valuation or appraisal of your property, it does have an impact on what you can expect to be paid for your home. Potential buyers are often looking for homes that have fireplace features, and many are willing to pay a little more for a home with a fireplace. On average, a homebuyer who is looking for a home with a fireplace is willing to pay just over $1,200 extra for this feature, but in some cases fireplaces can add up to $12,000 to your final price tag.
Installing a fireplace
The cost of installing a fireplace in your home is largely dependent on your specific home layout and whether it has had a fireplace installed in the past. On the low end, you might only pay a few hundred dollars for this feature if you’re modifying an existing fireplace, but the cost of a new installation can be upwards of $20,000. The fireplace itself will usually run you a couple hundred dollars, and installation can be several thousand dollars on top of that. You also have to take into consideration any additional changes you will have to make to your home in order to ensure that your fireplace is compliant with rules and regulations.
If you are interested in having a fireplace installed but you aren’t quite sure whether it’s in your budget, your best course of action is to talk to a fireplace designer in Seattle, WA who can help you determine what your options are. A professional will be able to consult you on products and services that you can afford.
Contact a fireplace designer in Seattle, WA
Whether your main concern is increasing your home’s value, or if you simply want to enjoy the aesthetic and function of a fireplace in your home, you can get comprehensive design and installation services from the team at Custom Fire Art. For years, we have been providing exceptional fireplace services, including design, construction and maintenance, to residential and commercial customers. Regardless of your specific needs, budget or vision for your fireplace, we would be more than happy to work with you to deliver exactly what you are looking for. You can familiarize yourself with some of the work we do by taking a look at our website. Then, give us a call to get started with comprehensive fireplace services!
Categorised in: Fireplace Designer
This post was written by Writer