Many homeowners think that installing and maintaining a fireplace is an unaffordable luxury. While this may be true about wood-burning or gas models, an electric fireplace is a fantastic option for homeowners seeking warmth and comfort on a budget. Read on to find out why an electric fireplace is a perfect option for your home.
Cost Cutting: Purchase, Installation & Maintenance
Purchase & Installation
Installation and operation of an electric fireplace costs a fraction of wood-burning and gas alternatives, which can easily cost thousands of dollars. There are two main types of electric fireplaces: plug-in inserts and built-in inserts. Neither of these options requires any certification, and the installation process is typically quick, cheap and easy.
Plug-in inserts plug into standard outlets and are typically installed into a pre-existing mantel or mounted on a wall. As long as you have an outlet within range of your installation site, a plug-in insert will only cost you around 150 to 350 dollars. If not, an electrician can install one in no time. If you go with a wall mounted option, a handyman can mount it safely.
Built-in inserts can be built into a mantel, an entertainment centre, or the wall. This option can heat a larger area and typically offers a sleeker look but is more expensive. A high-end built-in unit will cost between 800 and 900 dollars, which is still significantly less than wood and gas alternatives. To install a built-in fireplace, you’ll need the help of an electrician. A general contractor can also design a more complex wall unit for your fireplace, which we recommend if you plan on making it the focal point of your room.
Electric fireplaces are also a great way to lower your heating costs through supplemental heating. You can use electric fireplaces to heat specific high-traffic areas of your home without engaging your central heating system. This means come winter, you can turn down your thermostat and instead turn up your fireplace. A built-in model can heat an area of 800 square feet, and only costs between 7 and 13 cents per hour when running.
One of the best things about an electric model is that they don’t produce soot, ash, or fumes, meaning they don’t require ventilation. This makes them safer and they require significantly less maintenance than real or gas-burning fireplaces. An electric fireplace is also less susceptible to rust and can go a decade without repair. That being said, make sure you have the proper electrical setup and be sure to have it inspected regularly by a seasoned electrician or home inspector.
If you’re concerned about the safety of fireplaces, an electric model is for you. Electric fireplaces remain cool to the touch, which is great for homes with curious children. They also can be run on a timer, meaning you don’t have to worry about shutting them off before leaving the house.
What many homeowners don’t realize is that fireplaces are high up on potential buyers’ wish lists. Though most buyers prefer a wood-burning or gas model, a well placed and high-quality electric fireplace is also valuable. Considering the low cost of purchase and installation, there is ample opportunity for a relatively high ROI when your home goes on the market.
As you can see, electric fireplaces are the best option for anyone who wants to maximize style and savings and minimize risk. With tons of models on the market, we’re positive you’ll be able to find a stylish option perfect for your home. If you act fast, you can have your fireplace up and running before the real winter hits. Contact a pro today!
Cover image courtesy of The Fireplace Centre and Patio Shop.