The Ultimate Guide to Wood Stove Installation Costs and Operational Expenses

Wood-burning stoves look incredible all over social media and in your friends' homes. If you're thinking of getting one for yourself, here's the cost breakdown.

The Ultimate Guide to Wood Stove Installation Costs and Operational Expenses
fashion
29 Mar 2024, 08:02 PM
twitter icon sharing
facebook icon sharing
instagram icon sharing
youtube icon sharing
telegram icon sharing
icon sharing

Are you in search of a sustainable way to heat your living space? Consider opting for a wood stove. These stoves come in a variety of shapes and sizes, adding both functionality and style to your home. Whether you prefer a round, vertical, or square model, there are plenty of options to complement your home decor. You can also choose from different hearth materials like granite or stone, although this choice may impact the overall cost of the stove. Typically, the installation of a wood stove ranges from $1,500 to $5,000, so it's essential to establish your budget and requirements beforehand. The advantage of a wood-burning stove is that it can help lower your home's energy expenses, making it a worthwhile investment in the long term.

Pricing out your future wood stove

Wood Stove Image

The cost of the best wood-burning stoves for keeping your home warm in winter depends on the model you choose. A small wood stove can start at around $1,200, with potential tax credits available to help offset the cost. Some credits may cover up to 30% of the expenses for purchasing and installing the wood stove.

There are also high-end wood stoves that can cost up to $7,000, excluding labor costs, which typically range from $250 to $800. Once you have a budget in mind, you can start looking for the wood stove that aligns with your heating needs.

The wood stove installation process

Once you decide to purchase a wood stove, you'll need to find an ideal location for installation. This needs to be far from anything flammable and on a non-combustible hearth. Your wood stove will require several parts for installation, from the stove of your choice to a flue pipe, stove hearth, chimney liner, carbon monoxide detector, and more. You may not need all these parts, so ask your installer what comes with your stove and what will require additional costs. Your wood stove's base price may not reflect its overall price point. There are other upgrades to consider, each specific to the type of wood stove you install and its efficacy. This is why it's best to be flexible with your budget and anticipate extras. 

Upon the completion of the stove installation, a world of culinary possibilities opens up. The new wood stove offers a versatile surface for cooking, enabling you to prepare meals, boil water, and simmer soups. By utilizing the wood stove for heating purposes, you can minimize the reliance on other appliances, thereby conserving energy and decreasing their operational strain. Moreover, when it comes time to sell your property, the presence of a wood-burning stove can boost its market value, particularly if it is a modern, energy-efficient model engineered for longevity. Investing in a wood stove not only enhances the ambiance of your home but also has the potential to lower energy costs in the long run.