How to Budget for a Fireplace Project
A fireplace can transform your home, but the cost can go beyond the price of the unit. From installation and venting to permits and finishing, understanding the full scope of a fireplace project can help you create a realistic budget and avoid surprises.
The breakdown of your total budget:
Fireplace + Fuel Source + Construction + Venting + Labour + Permits/Inspection + Electrical + Finishing
As a general rule of thumb, plan for the total project cost - including the fireplace, installation, materials and finishing to be approximately 2 to 3 times the cost of the fireplace appliance itself.
Choosing the Right Fireplace
How to Budget for a
Gas Fireplace
Typically require more planning, including venting, a gas line, professional installation, and potentially new framing or construction. These are the most expensive and time-consuming; however, the results are well worth it.
How to Budget for an
Electric Fireplace
Often the simplest to install, many have the option to be wall-hung, although built-in models do require electrical work and some construction.
How to Budget for a
Gas Fireplace Insert
Fireplace Inserts fit into existing fireplace openings like an existing masonry fireplace and can be a cost-effective renovation option, provided existing venting and chimneys are inspected and in good condition.
How to Budget for a
Gas Stove
Convenient heat in an economical package with old-world charm. Napoleon’s direct venting system allows for ease of installation with a gas line and venting required.
How to Budget for an
Outdoor Fireplace
Extend not only your available living space, but the amount of time you can spend enjoying the great outdoors. Installation requires an available gas line, framing construction, and finishing.
How to Budget for a
Log Set
Ignite an instant and cozy fire while utilizing an existing masonry fireplace. Available in gas and electric versions. An economical option, they utilize existing chimneys, requiring only the running of gas or electrical for operation.
What Affects Fireplace Cost?
Your total cost will depend on:
- Fireplace type: Electric, gas, inserts, stoves, log sets, and outdoor fireplaces all have different price points and installation requirements.
- Framing: The initial space that a fireplace needs to be set into is a cost that needs to be considered and is dependent on the model you have selected.
- Installation: Labour varies based on location, material costs, and project complexity.
- Location: Longer gas, electrical or venting runs can mean higher installation costs.
- Venting and fuel: Gas lines, electrical, chimneys, and venting systems can add to overall cost.
- Finishing: Tile, stone, mantels, and custom surrounds can increase the final price. This will be dependent on material pricing in your area.
- Permits and inspections: Requirements and fees vary by municipality. Permits are locally governed and vary by city and/or county. Always check with your local municipal building office before starting any work.
Plan Your Complete Budget
Remember to budget for more than the fireplace itself. Ask your local fireplace retailer what is included with your purchase and installation, then get quotes from local contractors for any additional work.