Thinking about selling your home? Or maybe you're considering adding a fireplace and wondering if it's worth it? Good news—fireplaces can also boost your home’s value and offer a solid return on investment (ROI). Whether you're looking to attract buyers or simply upgrade your living space, a fireplace is a smart, long-term home improvement.
How Can a Fireplace Increase My Home’s Value?
Adding a fireplace to your home can become a selling point that attracts more buyers and helps your property stand out. In fact, homes with fireplaces have been shown to sell faster and for higher prices than those without. Depending on where you live, a fireplace can increase your home’s value by as much as 12%! That’s a pretty nice return for a feature that can be as simple as installing a new insert or even adding an outdoor fireplace.
If your fireplace is well-maintained and energy-efficient it’ll be even more valuable. Plus, safety features like glass doors or spark guards are a big bonus, especially for families with young kids or pets. You’ll also want to be sure that your fireplace meets all the safety standards and building codes. After all, you want it to be not only a great feature but also a safe one for potential buyers.
What’s the ROI of My Fireplace?
So, what’s the ROI you can expect when adding a fireplace to your home?
Increased Home Value
A fireplace can increase your home’s value by 6-12%, depending on the market, making it a solid investment for the future.
Appealing to Buyers
Fireplaces make your home more attractive to potential buyers. A well-maintained fireplace creates a cozy ambiance, helping your home stand out from the rest and stay memorable (and sell faster)!
Year-Round Use
If you’re planning to sell during the spring or summer, keep in mind that fireplaces are great for year-round use! During the off-seasons, you can turn your indoor fireplace into a beautiful display. Plus, adding an outdoor fireplace is a perfect way for backyard spaces to be enjoyed all year long.
How to Get the Best ROI for Your Fireplace
Fireplaces can add value to your home, but it’s important that they’ve been well maintained and are in good condition when selling your home.
1. Choose the Right Style: A modern, sleek gas fireplace might appeal to some buyers, while others might prefer a traditional wood-burning fireplace for that nostalgic touch. Think about what suits your home and your potential buyers’ tastes.
2. Keep it Low-Maintenance: Consider installing an electric or gas fireplace insert that doesn’t require constant upkeep. This will not only save you time but also make the fireplace more attractive to future buyers who aren’t looking to deal with wood and ash.
3. Make It the Centerpiece: Make your fireplace stand out, adding a cozy, inviting vibe that sticks with potential buyers. Highlight its best features no matter the season to make your home even more appealing. Add some accessories like a firewood rack or a new fireplace screen to really show it off.
4. Be Informative: Make sure potential buyers know how energy-efficient and low-maintenance your fireplace is—especially if it's gas or electric. Share any tips and information on how to keep the fireplace maintained.
5. Keep It Clean: For wood-burning fireplaces, make sure the chimney is cleaned and the area around the fireplace is tidy. A clean, well-maintained fireplace gives the impression of a well-cared-for home.
Get Your Fireplace Ready with Supreme
If you're planning to sell your home and want to make sure your fireplace is in perfect shape to get the best return, we’ve got you covered! Our cleaning, repair, and inspection services are here to keep your fireplace looking great and working efficiently.
A well-maintained fireplace can really make a difference in attracting buyers and boosting your home’s value. Reach out today, and let us help you get your fireplace ready!
