Project Cost: $2,800
Increase In Property Value: $7,000
Return On Investment: 2.5x
Timeline: 1 week
Customer Request:
The homeowner requested the removal of their real fireplace and installation of an electric fireplace for convenience and modern aesthetics.
Contractor Notes:
Removing a traditional fireplace entirely could negatively impact the home's resale value. Recommended a solution to integrate the electric fireplace into the existing fireplace cavity, making it easily removable for future homeowners.
Realtor Notes:
Real fireplaces significantly enhance property value and buyer appeal. Maintaining the original fireplace structure while incorporating an electric fireplace offers flexibility without sacrificing long-term market value.
Description of Project:
The project involved carefully integrating an electric fireplace within the existing traditional fireplace cavity. The setup was designed to ensure ease of removal for potential future buyers who may prefer the original, real fireplace. The finished look maintained the charm and authenticity of the original fireplace structure while delivering the convenience and modern look desired by the homeowner.
The end result beautifully balanced modern functionality and timeless appeal, adding significant resale value to the home.