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Fireplaces add a handful of benefits to your home. Installing one will increase your home’s value, add beauty, ambiance, and warmth to your home. If you’re planning to install a fireplace, you’ll want to consider a few things in terms of heat efficiency and cost. Below are a number of factors that will determine the type of installation alongside the budget to allocate for the installation.
How much is Fireplace Installation Cost?
When thinking about fireplace installation, you’re probably wondering just how much you’re going to spend on the entire project. Of course, the amount to spend varies depending on the kind of fireplace you decide to install. You can opt to install the traditional wood fireplace, gas fireplaces or electric fireplace.
We have curated a separate post on best wall mounted fireplace where we have reviewed 10 best wall mounted fireplace.
On average, the cost of installing a fireplace is roughly $2,000. However, varied factors can make the price go up to around $5,000. Keep in mind, installing a fireplace might require you to add some ventilation or walls.
Installation Considerations that Affect the Cost
Apart from the cost of purchasing materials to set up a fireplace, there are some installation considerations that can impact the labor cost. For instance, when installing a vent-free fireplace, you might only need $400 to purchase all the necessary materials. However, the cost of labor can run as high as $1,000.
Below are the most common considerations homeowners should keep in mind:
Installation of Gas Line- Perhaps you had an existing gas line in your home. You might need to install a new line that leads to the fireplace. The number of lines, the location of the lines, alongside the distance determines the overall cost.
Assembling and Customizing the Fireplace – You might need to hire a professional to assemble the fireplace before the installation process. The cost of assembling and customizing the fireplace depends on how complex the task becomes.
Wiring – If you’ve opted to install the electric fireplace, you might need to put up additional wiring. Hence, consider contacting a professional electrician to come to determine the cost of all the electric extensions.
Ventilation – Basically, a ventilation installation should cost you around $200. However, depending on the kind of work involved, the cost of ventilation might vary.
What are the Different Choices of Fireplaces?
Are you planning to install a brick, stone, or a concrete fireplace? Of course, the type of fireplace you decide to install in your house becomes the single largest factor in determining the cost. Imagine a world without variety? Every home would look the same. Monotonous, right?
There are three types of fireplaces one can opt to install in his or her home. The three types of fireplaces offer varied cost, advantages, and disadvantages.
Wood-Burning Fireplace
The traditional fireplace has never gone out of style. The wood-burning fireplace is probably the most popular option across countries. The fireplace uses logs as its main source of fuel.
While using Wood-burning fireplace will not require you to worry about installing gas line or running up your electricity bills, purchasing wood on a regular basis become quite costly. You’ll also need to build a chimney. What’s more, Wood-Burning fireplace requires regular cleaning both at the fireplace and the chimney to remove soot and debris.
Electric Fireplace
If you’re looking for an inexpensive fireplace option, electric is the way to go. Electric fireplaces are easy to install and do not require regular maintenance routines. An electric fireplace is suitable for small apartments where building up the chimney is out of the question.
While electric fireplaces will not produce as much heat as wood-burning fireplaces, homeowners are attracted by the low installation cost. Unlike wood-burning fireplaces that will require you to buy wood regularly, electric fireplaces bring about other consistent costs. Prepare to pay more on your utility bills!
Gas Fireplaces
Gas fireplaces are most suitable when it comes to simplicity and heat. Interestingly, you can put up a fireplace just by a switch of a button.
Gas fireplaces give as much heat as woodburning fireplaces without the mimic look and the messy cleanup that comes with wood-burning fireplaces. The average cost of installing a gas fireplace is almost similar to that of electric.
However, you might require to meet more for gas line installation. Likewise, prepare to meet some extra monthly utility bill due to the gas consumed.
The Indoor and Outdoor Fireplaces
Whether you’re planning to install an indoor or outdoor fireplace, you will need to mount extra walls. One of the hottest trends in home improvement is the installation of outdoor fireplaces. Well, installing an outdoor fireplace is a little cheap compared to an indoor fireplace. What’s more, prepare to spend more time on your backyard!
Needless to say, installing a fireplace is a complex project. Whether you’re working with existing construction or you’re improving your homestead, consider contacting a professional to handle your preferred fireplace installation.
