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Did you know fireplaces are one the most popular features when a house is listed for sale? Aside from the functional purpose of providing warmth, fireplaces can also increase your home’s property value. The architectural elements of a fireplace add an exciting appeal to those looking for a new home.
Here’s why a fireplace is a great feature to consider when selling your home:
High Return on Investment
Homes with fireplaces are listed for 13% more than the national median sale price. They boast a 99.9 sale-to-list ratio. This means that homes with this feature currently under contract sell for 99.9% of their list price. So, if you’re a seller that already has a fireplace installed, be sure to highlight this feature in scheduled tours.
Top Listing Feature
Gas fireplaces are listed among the most valuable trends homebuyers look for. It’s one of the smartest investments when considering available options on the market. Homes with gas fireplaces have a current median list price of $449,000. Gas fireplaces are also seen as a benefit because of their low maintenance and convenience. They eliminate ash or wood clean up, and the tedious task of chopping and collecting firewood.
If you want to see a significant increase in your home’s value, consider installing a fireplace. A high-traffic place, such as a living room or parlor, are parts of the home that can benefit from this addition. When considering styles, a gas fireplace is a top trending feature homebuyers look for. Plus, there’s minimal labor required. A fireplace is a huge selling point of many homes on the market today.
At Tevis Home, our certified technicians are highly experienced and trained to install your fireplace. Visit our showroom in Hampstead, Maryland to talk to our hearth specialists and see our wide selection of gas fireplaces!
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