The average cost to install a wood-burning fireplace is between $857 and $3,595, according to HomeAdvisor, while the average cost of a gas fireplace is between $2,300 and $10,000.
Is burning wood cheaper than gas?
Natural gas is a fairly inexpensive form of energy, so a gas fireplace is inexpensive to run. … Wood-burning fireplaces cost about $190 annually to produce a number of BTUs similar to a gas fireplace. Both gas and wood-burning fireplaces lose heat up the chimney, although wood-burning fireplaces typically lose more.
What adds more value gas or wood fireplace?
Wood vs Gas Fireplace Resale Value
54% of real estate agents surveyed by Angie’s List said a gas burning fireplace increase home values most. Conversely, 58% of homeowners and homebuyers surveyed prefer a wood burning fireplace.
Do people prefer wood burning or gas fireplaces?
If there is a functioning fireplace in your home, keep it. Although gas burning fireplaces are the favorite, wood-burning fireplaces have their place also. Younger buyers prefer gas fireplaces, but older buyers prefer wood-burning. Whichever one is in the home, it will increase the resale value.
What is better for the environment wood burning or gas fireplace?
Wood and gas are the most popular fireplace fuels. For homeowners, a gas fireplace is an ideal option, as gas heating is more environment-friendly, when compared to burning wood. It has been reported that gas fireplaces produce up to 99% less harmful emissions than wood.
Is heating with wood worth it?
Depending on what you pay for electricity, wood heat can be a very cost-effective alternative. For example, if you are paying $0.10 per KWH for energy charges plus delivery charges, fees, and taxes, wood pellets would save you about 50 percent on your heating bill, and cordwood would save even more.
Do gas fireplaces add value to a home?
A homeowner can often recover over 100 percent of the expenses associated with adding a fireplace upon selling their home. According to the National Association of Real Estate Appraisers, adding a fireplace to home can increase the resale value of the home by as much as 6-12 percent.
Is a gas fireplace a good investment?
Installing a new gas fireplace – or converting an existing fireplace to burn gas – is one of the better investments you can make in your home. A study by the National Association of Home Builders found that more than 75% of home buyers look for at least one fireplace in their new home.
How much does it cost to convert a gas fireplace back to wood-burning?
Cost of Converting Gas Fireplace to Wood-Burning Stove
Homeowners typically pay between $100 and $300 to convert a gas fireplace to wood.