If you have been thinking about adding a gas fireplace to your home, you might be considering whether or not it’s worth the investment. After all, even though a fireplace will add to the value of your home, it does cost somewhat to have a gas fireplace installed. Is it really worth it? Here are some guidelines.
Understanding the Investment
Getting a gas fireplace installed in your home costs more than just the fireplace and installation. There can be other costs associated as well. Based on national averages, you will have to pay about $600 for the fire box installation, up to $800 for gas line installation depending on length of the line, $750 for the vent pipe, and about $2,750 for the fireplace and final installation.
That all adds up to about $5,000 from start to finish, aAnd that is just what your home’s value will increase when you install a gas fireplace—about $5,000. So really, you’re just breaking even. Given that information, is it really worth it?
The best way to determine if an investment like this is worth it is to calculate how much enjoyment you will get out of the addition. If you install a gas fireplace, how frequently would you use it? In what situations would you use it? Would you use it to provide supplemental heat to your home? Only you can answer these questions for yourself and your family. If you are going to get at least several hours of enjoyment a month out of your gas fireplace, it may be worth it to install.
Saving Energy Costs
In addition to raising your home’s value, adding a gas fireplace can reduce your heating costs. Because Florida winters don’t ever get really cold, running your gas fireplace could eliminate the need to run your more cumbersome and less energy efficient furnace. That alone could be worth the investment.
If you are ready to take the leap and install a gas fireplace in your home, contact us today for more information.