Money: Fireplaces & Chimneys Mean Warmth & Value
Warmth & Value
From colonial times to now, fireplaces have been an important part of the American household. Offering more than heat and warmth, fireplaces are a traditional centerpiece of American history; the place where people gather to talk, eat, and share the great memories of life.
While fireplaces hold practical worth, they also have a fundamental value that cannot be overlooked.
A 2013 study by the National Association of Realtors found that “fireplaces were most common in higher-priced homes, homes in resort or recreation areas, and in detached single-family homes.”
No less important, fireplaces are desirable and add value to homes. The NAR study also showed that 40% of all home-buyers were willing to pay more for a home with one or more fireplaces. In fact, 57% of the homes sold in the South actually had one or more fireplaces.
Additionally, a 2016 study by the National Association of Home Builders found that gas fireplaces were regarded as essential or desirable by 52% of all home buyers while wood stoves were considered essential or desirable by 49%.
These studies show one important reality: adding a fireplace to your home is invaluable.
So are you looking to install a chimney in your home? Call us today for your free, over the phone consultation! We look forward to helping you!