There is a romance to the sound and look of a fire. Wood, then Gas, Gel and Electric have never been on my buyer's wish list for a fireplace.
A wood fire place is better than gas, but a gas fireplace is better than none.
A gas fireplace with mantle and a good screen, generates at least $10K to $15K in value.
A wooden fireplace with an exquisite, Mantel and screen can generate much more depending
on the Area in San Jose.
But a broken chimney costs you $10K.
A fake fireplace are great for decor and staging, adds some value if well placed in a corner.
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Certified Distressed property Expert
If you are adding one to your home, make it functional, and scale to the room/area. Sometimes fireplaces seem that they don't fit in the room or don't belong there. Good luck with your remodel.
However there are consumers who are very concern about pollution especially with a wood burning fireplace therefore it could be a negative.
The type of fireplace is a personal choice so I don't have an answer to that.
KW Realty, Cupertino, CA
Gel and electric is also a viable option. Hope this info helps. :)
Have a great day!
There is always the possibility that the buyer could use the wood burning fireplace if the buyer wished to do so.
The wood burning fireplace does add to the Fair Market Value of the house.
The other types, do not any any amount of value that is detectable.
Charles Butterfield MBA
Real Estate Broker/REALTOR
Cell Phone: (408)509-6218
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Alain Pinel Realtors - Pleasanton