How Fireplaces Add More Home Value

Often you see that living areas have the opportunity to upgrade over the years. From kitchens making the switch from homey to more modern, as well as rustic kitchens versus a more industrialized area. This also plays into specific items in your kitchen, including countertops and appliances. While it is easy to upgrade your kitchen, there are also some things you can do to upgrade other parts of your home, such as your living room, such as flooring, and similarly, adding a fireplace. Fireplaces can add a lot of home value, which you may not expect. Let’s take a look at some more information pertaining to fireplaces adding home value.

How Much Value Does A Fireplace Add?

On average, fireplaces can add up to 12% more value to your home. This is an immense amount that can really make a difference in how much you get for the home you are moving onto. If you think about it, if your home is worth $300,000, you could get that home value up to $336,000, which is a difference of $36,000. Some of the top items for increasing your home value is fireplaces, wood floors, carpets and granite countertops.

Similarly, one of the things to take into consideration is that you could make a larger or smaller return depending on where you are geographically located. If you are in the north, for example, you will want to cozy up to a warm fireplace in the wintertime, whereas you may not want a fireplace if you are in a place that is hot year-round, such as Arizona.

Contact New England Hearth & Home!

At New England Hearth & Home, we have some of the best fireplaces in all New England & Massachusetts as a whole. Fireplaces can provide all the benefits above and MORE! If you are interested in getting a new fireplace, contact us today at New England Hearth & Home by filling out our contact form, or by giving us a call directly at 781-562-0771.

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