By Gene and Katie Hamilton
Realtors tell us that the addition of a wood-burning fireplace in a house will increase its value, so it’s a worthwhile investment. In most rooms, a fireplace is the focal point, adding character and ambiance. And the appeal of a crackling fire on a cold night is undeniable. If your room is small, a large masonry unit won't work, but a prefabricated metal zero-clearance fireplace takes a minimum amount of space and can be safely placed near wood framing.
A contractor will charge $2,587 to install a prefabricated zero-clearance fireplace and chimney. This includes the labor and material.
DIY Hassle Alert
While a handy homeowner can buy the unit for $1,575 and may have the skills to install it, we think adding a fireplace is definitely a job best left to a professional who will guarantee that the unit is properly installed and meets local building code requirements. For safety's sake, there's no room for error. Someone skilled in carpentry can do the finish work and install a new mantle, but you should leave the installation of the fireplace and chimney to a pro who can suggest where to locate the unit and who knows how to comply with the building code requirements.
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The Northeastern Chimney Co. explains the Benefits of a Zero-clearance Fireplace.
Another type of fireplace to consider that's less difficult to install is a vent-free gas or electric unit. Neither requires a chimney, so the installation is less complicated.
Wrapping up, given the average cost to install a fireplace you can compare the price of a contractor’s bid with doing it yourself. For a local cost input your ZIP Code.
Improvement and Repair Cost Updated 2019
The cost and time data is generated by averaging labor and material data from annually updated cost books used by contractors and refined by the authors'
experience remodeling 13 houses. They are authors of 20 home improvement books and Do It Yourself or Not, a weekly column syndicated by Tribune Content
Agency. The national cost can be adjusted by ZIP Code.