Fireplace Remodel Makes a House More Desirable** Whether you plan to sell your house in the near future or not, a fireplace remodel makes a house more desirable to potential home buyers, appraisers, and your family and guests. An ugly fireplace simply makes a room unattractive. It creates decorating challenges, and can detract from the comfort and appeal of the room. Fireplace style preferences change over time just like other style preferences, such as colors and materials. The brick fireplaces of the 50s and 60s are often considered ugly by today’s homeowners. But brick and stone fireplaces can still be attractive, depending upon the style of your home and your décor.
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One or more fireplaces are among the six main things an appraiser will look for when setting the market value of your house. But an ugly fireplace can be a problem. Fireplaces make a room feel like home. They bring warmth and a romantic ambience to your house. Some modern fireplace models can even heat your entire home (without electricity). This can be critically important if you live in an area where the power can be out for an extended period of time in winter. A modern fireplace can be a very cost-efficient way to heat your home. These are some of the reasons a fireplace remodel makes a house more desirable.
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Your remodel can even be very simple and affordable while also earning a great return on your investment. Adding a new fireplace, for example, will probably cost $3,000 to $8,000 and earn a 60-90% return on your investment (adding $1800 to $7,200 to the value of your home). Updating a fireplace by replacing or rebuilding an existing  fireplace will also cost $3,000 to $8,000 and should earn a return on your investment of 50-80% (adding $1500 to $6400 to the value of your home).
For many types of fireplace, especially brick, you can dramatically update the appearance of your fireplace by purchasing and using a custom fireplace paint kit. These are available in hardware, paint and home improvement stores for about $200. Painting a fireplace with this type of kit is also something many homeowners can do without need of a professional. The average return on this investment is usually 150-200% (adding a quick $300-400 to your home’s value).
You can also do a number of remodeling projects that will also increase the value of your home while making the room more attractive and comfortable for your family. You can change the facing materials of the fireplace surround, creating a fireplace surrounded by granite, slate, marble, or covering much of the brick or stone with drywall and adding a decorative mantel.
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Fireplaces can be very important for potential buyers. A fireplace can create a casual cozy room or it can be an elegant focal point in a formal room. A fireplace can be purely decorative or it can be functional, such as to heat part, or all, of the house. Adding a fireplace to a master bedroom or a country-style kitchen can be very comfortable and attractive to potential buyers. Cleaning and updating an ugly fireplace can also dramatically change the appearance of a room. Whatever you choose to do, your fireplace remodel makes a house more desirable for your family and buyers.
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