A burning issue for listing
Q We have a wood-burning fireplace in our family room that we’ve never really used. It’s functional, but we haven’t cleaned it or done anything to it since we moved in. What’s the best way to showcase it when we list our place? Also, what should we do about upkeep?
A First, have the fireplace WETT ( Wood Energy Technology Transfer) inspected, says Barbara Beers, a broker and real estate agent with Royal LePage. Completed by a certified professional, the examination will determine if the unit is up to code or if it can be used.
“(The inspector may find it) requires a new liner or the hearth may not meet code or there could be issues with the depth and height of the opening,” she says. Not only can these kinds of repairs be expensive, if they’re not fixed they must be disclosed to any potential purchaser. They may also impact the sale price of the property if a buyer is set on having a working fireplace.
“For many consumers, the added value of a fireplace is intrinsic and obviously helps to create ambience, particularly in the winter months,” Beers says, “as well as providing a heat source.” One exception may be a family with young children, who may see a unit as a potential hazard; kids can trip on the hearth, for example.
If it isn’t feasible to repair issues found during the WETT inspection, Beers suggests thor- oughly cleaning the fireplace and making it look appealing.
Options include painting the brick or wood surround in a neutral hue, or replacing the mantel so it looks fresh and modern. Grouping candles on a nice tray inside the firebox will give the illusion of flames to help highlight the area in a positive way.
Not everyone who likes fireplaces wants a wood-burning one, though. Although converting to one that is gas or electric is a more expensive fix, it would improve cleanliness and convenience.
Overall, Beers says having a well-kept, updated and working fireplace could increase the value of this family’s property by $2,000 to $5,000. If they leave it as is or in a state where it requires work, it can negatively affect the home’s sale price.