Obviously, we’re a bit biased here, but we know homeowners are with us on this – fireplaces make a wonderful addition to your home.

They’re easy to use, highly effective, and prove to be a stylish feature within a room. As a result, they’re completely timeless, and represent a fantastic investment. In fact, not only will they give you joy while you remain living in your home, but it will also add value to your home, ready for when you choose to sell it.

Here at the Fireplace Studio, we have a wide range of electric and gas fireplaces, available for customers throughout Nottingham and Derby.

Keep reading to find out more about the added bonus of investing in a new fireplace, and why it can increase the value of your home.

Can a fireplace increase the value of your home?

Short answer – yes.

In fact, some analysts have suggested that a value of up to 5% can be added to your home by choosing the right type of fireplace.

But, why exactly do fireplaces contribute so much resale value? Here’s our top 5 reasons why new fireplaces can increase property values.

1. They have high appeal

Fireplaces are widely desirable additions to a home, and they haven’t fallen out of fashion for many years.

As a result, it’s very likely that any potential buyers will see the fireplace as a big plus point for your property.

2. They can seamlessly suit the property aesthetic

There are a huge variety of fireplace types, materials and styles out there.

This means that, whether you have new or period property, you can add a fireplace design that seamlessly fits with the existing style of your home.

As a result, potential buyers will see this as a stylish enhancement of the house, and there’s no risk of anyone (who would otherwise be interested) seeing it as an aesthetic clash, or not to their tastes.

3. Bold, modern fireplaces are on the up

Modern fireplace designs remain at the height of home design trends.

In particular, media wall fireplaces and hole in the wall electric & gas fireplaces have proven immensely popular amongst homeowners in recent years.

In fact, home improvement TV programmes like George Clarke and Grand Designs regularly feature modern fireplace designs. And it’s largely thanks to these shows that modern fireplace designs are known about, and have maintained such immense popularity.

4. It saves on home running costs

Modern, new fireplaces are far more energy efficient than older models. This makes these new fireplaces both cheaper to run and more environmentally friendly.

As you can imagine, these will be big plus points for potential buyers.

5. Buyers will see it as a money saver

It’s highly likely that, at some point, potential buyers would want to install a fireplace into the property.

So, if they view a property without a fireplace, they’ll mentally note this as an extra payment they’ll need to make in the future. But, if you’ve already got one in place, this will make viewers see your property as better value for money.

If you’re interested in choosing a new fireplace to enhance your property, get in touch with The Fireplace Studio.

Our showroom offers the largest selection of fires and fireplaces in the Midlands, including modern media wall fireplaces, electric fireplaces and gas fireplaces, just to name a few.

What’s more, our friendly, professional team of fireplace experts are always on hand to help answer any questions that you may have.

So, to find out more about the added value of adding a new fireplace in your home, give us a call today.