Return on Investment
A homeowner can often recover over 100 percent of the expenses associated with adding a fireplace upon selling their home. According to the National Association of Real Estate Appraisers, adding a fireplace to home can increase the resale value of the home by as much as 6-12 percent .
Are gas fireplaces a good investment?
Installing a new gas fireplace – or converting an existing fireplace to burn gas – is one of the better investments you can make in your home. A study by the National Association of Home Builders found that more than 75% of home buyers look for at least one fireplace in their new home.
Are gas fireplaces worth the money?
A gas fireplace offers a range of benefits over burning wood in your home, including the ability to instantly turn on, control and turn of the heat from the fire. The advantages of having gas fireplace can outweigh the disadvantages in many scenarios, making a gas fireplace a worthwhile investment for your home.
Do gas fireplaces cost a lot to use?
A Gas insert might cost anywhere from $580 – $1,160* per year when being used as a zone heaters with natural gas. A Gas fireplace might cost anywhere from $556 – $1,112* per year when being used for supplemental heating with natural gas.
What are the pros and cons of a gas fireplace?
- Cheaper than electric fireplaces. Not only are electric ones purely made for decoration, but also you’re paying extra for only a simulation of a fire, i.e. there’s no heat to the flame. ...
- Fewer safety risks. ...
- Easier to hire a professional for. ...
- Convenient to use. ...
- Cleaner air.
What is the lifespan of a gas fireplace?
The normal life expectancy for a gas fireplace varies, but it’s been our experience that most fireplaces need to be replaced somewhere between 15-25 years .
Who makes the best gas fireplaces?
- Duluth Forge, Autumn Spice Finish Gas Fireplace.
- Majestic, Quartz Series QUARTZ32IN Gas Fireplace.
- Empire Comfort Systems, Boulevard Linear Gas Fireplace.
- Pleasant Hearth, Full-Size Heritage Gas Fireplace.
- Comfort Glow, Kozy World GFD2042 Belmont Gas Fireplace.
What is the average cost of installing a gas fireplace?
The average cost to install a gas fireplace is about $4,500 with average prices ranging from $2,500 to $10,000 in the US for 2020 according to Thumbtack.
What is the average cost of a gas fireplace?
Cost to Install Gas Fireplace
Most units fall between $400 and $4,000 when including basic installation prices — though costs can run much higher. Depending on the type of fireplace you choose, the total cost of installation can reach anywhere from $2,300-$10,000 at the high end.
Does removing a gas fireplace decrease home value?
But losing a fireplace can affect a home’s appeal and possibly even its resale value, real estate pros say. A fireplace can particularly be viewed as a valuable amenity in colder climates, and removing one could even reduce the number of buyers drawn to a property, some agents say.
How much does it cost to run a gas fireplace per day?
The average price of natural gas in the US in 2020 was around $11 per thousand cubic feet 1 , equating to about $1.06 per therm. That means that a 38,000 BTU gas fireplace costs approximately $0.40 an hour to run.
How much does a gas fire pit cost to run?
Gas Fire Pit Cost Factors
Connecting the fire pit burner to the gas line is part of the price discussed here. Who Does the Work – Running a gas line to the pit will cost $15 – $25 per linear foot.
How much does it cost to run a gas fireplace pilot light?
The pilot light burns significantly less fuel than a fire but it can cost $8 to $10 a month if your fireplace is fueled by natural gas. If your fireplace is fueled by propane, it could cost up to $20 a month. Turning off the pilot would reduce your energy costs during the summer.
What are the advantages of a gas fireplace?
- Continuous Heat. Unlike a log fireplace, a gas fireplace has constant heat.
- No Hauling. No need to buy or chop firewood which means you are not harming a tree, which in turn helps the environment.
- Energy Savings. ...
- No Cleaning. ...
- Easy to Operate. ...
- Environmentally Friendly. ...
- Warmer. ...
- Stylish.
Are gas inserts efficient?
Gas Inserts Are Fuel-Efficient
Because of the sealed system and direct venting through your existing chimney (new venting is fed through the chimney during installation), your gas insert will burn its fuel at around 70% fuel efficiency, compared to only 10-20% with wood.
What is a direct vent gas insert?
Direct vent gas inserts use a high temperature glass panel to separate the burning area of the gas insert from the inside of your home. So, your vented gas insert will take air in from the outside and then exhaust all the gases to the outside . This contrasts with a vent-free gas insert, which vents into the home.
