With the real estate market on the upswing, many homeowners have begun to consider upgrading their homes after a period of stagnation that was felt nation-wide. While the bathroom and kitchen are probably the first home renovations that come to mind, you may surprise to learn just how much a fireplace can add to the resale value of your home.
Whether you are considering this upgrade as part of a home staging effort or simply looking to invest your money wisely, a new fireplace will instantly recoup your expenses. This home renovation is often overlooked and could be the spark that your home has been missing!
Increasing Your Home Value With A Fireplace
The National Center for Real Estate Research found that fireplaces can increase the average home value by 6-12%. Modern electric fireplaces can be installed in 15 minutes and instantly affect the value of your home.
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