When considering your budget and home, it's crucial to evaluate the cost factor associated with your fireplace choice.
The installation costs for gas fireplaces can be higher than those of other types. In certain situations, you might need to install a new gas line, further contributing to the expenses. The overall cost, including purchase and installation, typically falls within the range of $1,800 to $10,000+ (CAD). The operational costs are dependent on local gas prices and the frequency of fireplace use.
Electric fireplaces, on the other hand, do not rely on gas but rather electricity, and this cost must be factored in. The total expense, covering the purchase and installation of an electric fireplace, typically ranges from $1,200 to $3,500+ (CAD). A notable advantage is that many electric fireplace models can be self-installed and plugged into a standard outlet, potentially saving on professional installation costs.
In terms of cost considerations, electric fireplaces take the lead. This is attributed to factors such as lower maintenance costs, operating expenses, and the potential for self-installation.