Installation can range from $2,500 to $10,000 depending upon whether if there is a chimney in place. This cost ranges from $60 to $95 a linear foot. Installing a new firebox is between $500 and $1,000. Therefore, the total cost for a wood burning fireplace ranges between $8,500 and $22,000.
How expensive is it to put in a wood burning fireplace?
To install a wood-burning fireplace, the average homeowner can expect to pay between $860 and $3,500, according to HomeAdvisor’s True Cost Guide.
Does fireplace add value to 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 wood burning fireplace cheaper than gas?
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 it cheaper to run furnace or gas fireplace?
Operating a furnace for one hour at 75,000 -100,000 Btu cost a homeowner $1.12 – $1.49 based on last month’s national average natural gas rate. By comparison, a natural gas fireplace running at 30,000 Btu per hour cost only 45 cents.