Increased Resale Value on Homes with Fireplaces

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16 Oct Increased Resale Value on Homes with Fireplaces

Having one or more fireplaces installed in your home is good for more than simply heating a room, or creating an appealing aesthetic, fireplaces can help you and you increase the value of your home. At Kozy Heat, we offer an excellent selection of modern fireplace options to help you take advantage of both benefits mentioned above.

Homeowners Want Fireplaces

The warmth provided by fireplaces, relating to both their visual appearance, as well as the actual warmth dispersed into the living space is a highly desirable feature sought after by homebuyers. The National Association of Home Builders (NAHB) conducted a study that revealed that more than three quarters of homebuyers are seeking a new home that contains a family room fireplace.

The second most popular living space among homeowners to have a fireplace is the living room. About half of potential new homeowners would like a fireplace in this room for guests and visitors to enjoy.

Some of features that can make a modern fireplace attractive to potential homebuyers include modern flames and other more elegant and luxurious items around the fireplace.

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.

Modern Gas Fireplaces

One of the most popular options among homeowners today is the modern gas fireplace. This type of fireplace is efficient, safe, and convenient to use. You can have a direct vent gas fireplace installed at virtually any location within your home. Most of these units produce heat with natural gas as the fuel source, but some utilize propane. These fireplaces use the outside air for combustion purposes, and transfer the exhaust gases back outside.

To find out how a modern gas fireplace from our selection at Kozy Heat can help fill your living space with warm efficient heating and also increase the resale value of your home, contact us today!