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Do you know that installing a wood stove provides you with an energy-efficient way of making your home more comfortable? It is important to remind everyone that although a wood stove increases the value of your home, it can also be a fire hazard if not properly installed. This is why when considering the wood stove installation cost, you need to factor in all the essentials.
The Cost of the Wood Stove
Choosing a reputable brand from a dependable manufacturer is one of the most basic steps in ensuring safety for your home. Normally, a good wood stove would cost about $3,000 to $4,200. Smaller pieces can go for as low as $1,000 while more elegant ones can be as high as $10,000 or even more.
You can get back some of this amount through biomass tax credit by the federal government or if you were to sell your home. Properties that have a wood stove installed can be sold about $2,000 to $3,000 more for every wood stove installed.
Still in terms of safety, you need to make sure that you are installing an Underwriter’s Laboratory (UL) approved chimney for your wood stove. These types of chimneys usually have stainless steel insulation. Kits can be priced differently based on its length and manner of installation. Normally, a 3-foot UL chimney can go for $86 while double-wall variants can be around $25. The rain caps are in the price range of $28 to $68 with the t-sections going as high as $45.
This allows you to connect the wood stove to the chimney. It should be painted with high temperature paint and made from 22-gauge steel. The diameter is from 6 to 8 inches and come in either single- or double-wall variants. The venting technology widely depends on the stovepipe manufacturer. Average price is about $20 with stovepipe kits going for at least $79.
UL Wall Shield
For smaller homes, installation of a wood stove should include the covering of wall with non-combustible materials to protect it from fire. If there is enough space, the stovepipe should be positioned 18 inches from the walls and ceiling at the very least. Make sure that you use a UL approved wall shield that can be bought for about $10 for a 15 square foot sheet.
The cement boards used to protect your walls can also be used to protect your floor. Although newer wood stove models have pre-installed heat shields, safety dictates that it should be placed on top of a non-combustible surface.
Extend the protective surface 8 inches from all sides and about 18 inches away from the front door. Combine the UL approved cement boards with UL standard custom hearth pads that sell for $423 and you benefit from ember protection.
All of the above safety precautions would be for naught if you do not hire a professional to do the installation. Factor in the delivery charge for the supplies and the wood stove that normally is around $200. Professional installation will set you back another $1,700 depending on your actual location. Colder cities usually have higher professional installation fees that would average around $2,600. This cost however will save you as much as 39 hours of installation time.
Are all of these costs worth it? When you consider the kind of ambience that a wood stove brings into a room, yes it is! You are paying for more than just a wood stove, you are getting a centerpiece that drastically increases the value of your home in a clean, efficient, and safe way. Contact your professional installer today and start enjoying your wood stove.