From colonial times until today fireplaces have been an important part of the American household. Offering more than heat and warmth, fireplaces are a traditional centerpiece, the place where people gather to talk, eat and share the best of times.
While fireplaces are no longer where we cook or heat our homes, they do have a fundamental value that cannot be overlooked. A 2013 study by the National Association of Realtors found that “fireplaces were most common in higher priced homes, homes in resort or recreation areas, and in detached single-family homes.”
No less important, fireplaces are desirable and add value to homes. The NAR study also showed that 40 percent of all buyers were willing to pay more for a home with one or more fireplaces. In fact, 57 percent of the homes sold in the South actually had one or more fireplaces.
A 2016 study by the National Association of Home Builders found that gas fireplaces were regarded as essential or desirable by 52 percent of all home buyers while wood stoves were considered essential or desirable by 49 percent.
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