Home Value Increase

What factors contribute to the increase or decrease in value that a fireplace brings to a home? An article published in the Washington Times states that in comparison to fifty years before, a much larger number of homeowners today decide to install a fireplace in their dwelling. According to the National Association of Home Builders, as of 2012, sixty percent of houses have at least one fireplace. In 1970, that percentage was closer to thirty percent than it is now.

People who were interested in purchasing a home ranked the presence of a fireplace as one of the top three amenities they want, ranking it third overall behind an outside porch and a brand-new contemporary kitchen. In point of fact, the vast majority of people are willing to spend a higher price for a house that includes a fireplace rather than one that does not have one. The gap in the amount that each party is willing to pay can range anywhere from a little bit more than one thousand dollars to ten thousand dollars or even more!

However, there are a number of criteria that determine whether or not installing a fireplace will actually contribute to the value of your property. When determining whether or not the addition of a fireplace would in fact increase the value of your house, the location of your property is a significant consideration. If you reside in a region of the United States that has colder winters, the presence of a fireplace in your house will almost certainly result in an increase in its value.

Since it may become rather chilly in the New England and Northeast regions of the United States, fireplaces are among the most highly desired amenities that a house can have. Nevertheless, despite the fact that the weather is often warm, they are just as popular on the West Coast as they are in the South.

In these regions, the fireplace may be an attractive addition to the décor and provide a home a pleasant atmosphere, particularly older homes in the South that are designed in the plantation-style. It is possible for a fireplace to be visually beautiful in addition to serving its practical purpose. The kind of home you own is another factor that will determine whether or not a fireplace actually adds value to the property. Because of the increased value, a fireplace is something that will be able to actually benefit a property that is prettier and more fashionable.

People who are in the market to purchase a home may have the expectation that a more contemporary property will include a fireplace since they will be seeking for more modernized facilities. A fireplace may not be something that prospective buyers are ready to pay for if your property requires a significant number of repairs or if it is lacking in fundamental changes such as a kitchen that is more up to date.

The amount that a fireplace adds to the value of your property is also impacted by the architectural style of the house. For instance, if your house is of the old colonial style, a fireplace in the living room will look just wonderful. Fireplaces are very useful in older, more conventional settings like those seen in plantation-style homes or historic structures. This is because the appearance and atmosphere created by a fireplace are ideally suited to these kinds of environments. A fireplace, on the other hand, might not be the best choice for a home that is high-tech, ultra-modern, or even just modern. It’s possible that these kinds of homes would benefit from having an electric fireplace or one that’s incorporated into furniture like an entertainment center, for instance.

In support of knowing these essential information, it is for the best that you also have a company you can count on to help you with Chimney Cleaning Echo Lake and repairing like Local Chimney Sweep Cleaning.

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