Does a Fireplace Add Value to a Home?

Homeowners preparing to sell often look at all sources of value to determine the ideal listing price for their properties. While their real estate agents can conduct a comparative market analysis (CMA), homeowners often estimate their own property values before meeting with them. One common question sellers have is, “Does a fireplace add value to a home?” It’s hard to isolate the specific value a fireplace provides compared to other aspects of a home, but studies show that a fireplace can boost home values compared to similar properties without one. This guide will cover the key considerations you need to know when evaluating your fireplace or considering the installation process. Learn about different fireplace types, changing buyer demands, and the regional influences on these assets. How Much Value Does a Fireplace Add? Fireplaces can add value to a home. As of 2021, the average house with a fireplace sold for … ContinuedThe post Does a Fireplace Add Value to a Home? appeared first on FastExpert.
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