Adding an electric fireplace to your home comes with a variety of perks. First of all, a fireplace makes your home cozier and more welcoming. Secondly, it can actually increase the resale value of your home. Furthermore, installing an electric fireplace is cheaper than you might imagine. So, if you are thinking about getting a fireplace but worry about fireplace installation costs, keep reading and find out all the necessary information.
What is the Price of an Electric Fireplace?
First of all, let’s start with the price of the fireplace. Unlike traditional fireplaces, getting an electric fireplace is much more affordable. Additionally, you could move a portable electric fireplace to your new home if you decide to move out. This flexibility makes electric fireplaces more desirable and affordable attribute for your home.
The price of an electric fireplace can be as low as $329 at the Very Good Fireplaces store. While electric fireplaces do not usually have such a low price, with the ongoing sale you could get an amazing deal. Overall, the price of electric fireplaces is around $1,200 - $3,500 in the U.S. market. Making electric fireplaces the most desirable among different types of fireplaces. For reference, the starting price of wood burning fireplace can be at least twice as much as its electric counterpart.
Electric Fireplace Installation Costs
As you might have noticed, you can get a new electric fireplace at a very low price. But the main question is: how much is fireplace installation costs? Lucky for you, the biggest cost of installing an electric fireplace is getting the fireplace itself. You can expect very low overhead costs. More specifically, an electric fireplace does not need a chimney or major changes in your home. So, you actually do not need to do much besides buying an electric fireplace. Electric fireplaces are quite easy to handle, most of them just need to be plugged in and do not require additional work. Therefore, you might not have any electric fireplace installation costs.
You might expect very low electric fireplace installation costs if you need to add an outlet or want to create a decorative frame around your new fireplace. Everything is up to you. But when it comes to essential electric fireplace installation costs you might just need a handyman who will attach the fireplace to a wall or add a new outlet to plug it in. According to HomeGuide, the labor costs for installing an electric fireplace range from $0 to $360. This includes the hourly rate for a handyman which will cost you around $50-$65 per hour and the cost of a new outlet averaging $150.
How to Save Electric Fireplace Installation Costs
While electric fireplaces are quite affordable compared to other fireplaces, they might still be a luxury item for some. However, at Very Good Fireplaces we believe that every family deserves the comfort of a fireplace. This is why we are more than happy to share some saving tips.
Electric Fireplace Saving Tips
- Firstly, make use of special offers on electric fireplaces. You could save as much as 48% of the total cost in this case.
- Install the outlet yourself. If you are not a handy person, don’t risk it. Saving on electric fireplace installation costs isn’t worth getting yourself into danger. However, if you have the necessary tools, and know how the electrical work is done at your home it is possible to install an outlet yourself. In this case, you don’t need to hire a handyman and pay electric fireplace installation costs.
- Build a frame for the fireplace yourself. This is a good DIY project and a nice way to save some money on electric fireplace installation costs. Google and YouTube are full of installation instructions. And don’t forget to check out our detailed guide for building an electric fireplace frame. So, do your research, prepare well, and install the fireplace yourself.
Do you need professional help to install an electric fireplace?
As explained, installing a new electric fireplace can be extremely easy but it can also be tricky. Sometimes it is better to have a dedicated electrical circuit for your fireplace. A dedicated circuit means that the outlet connected to your fireplace is directly connected to the circuit breaker which does not have any other connections. To ensure you are on top of everything, check the manual carefully and if you have any doubts call a professional electrician.
Electric Fireplaces: Are they worth it?
When deciding whether or not to get an electric fireplace you should think about a variety of factors. First of all, does a fireplace fit into your lifestyle? Do you have the necessary budget for it? Is there a space in your home? Lucky for you, if you are short on your budget, you can make use of the installments option and pay the price step-by-step. Furthermore, there is a wide choice of small fireplaces. So, even if you have limited space you still have a wide choice of fireplaces under 40 inches in width. In the end, the question is whether you want to have a fireplace or not because electric fireplace comes with a variety of pros including:
- It is affordable
- Electric fireplaces are easy to install
- It is extremely easy to maintain electric fireplaces
To sum up, it is worth it. Low electric fireplace installation costs guarantee that you won’t be regretting your decision. After all, installing an electric fireplace is not simply an expense, but an investment. As you may know, a fireplace increases the value of your home. Adding a fireplace may increase the value of a property by as much as $12,000 according to the National Association of Realtors. Overall, you should seriously consider getting an electric fireplace. Finance-wise electric fireplace installation costs have a wide range thus they are affordable for many Americans.
Now the frame for your electric fireplace insert is ready. This fireplace insert will give a lovely and calming look to your home. Want to see our best-selling fireplace inserts? Check out our list of the most realistic electric fireplace inserts!