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Handbuilt masonry fireplaces are likely what comes to mind when we think about curling up by the fire at the end of the day. But bricks in the firebox and chimney tend to be heavy, which is not ideal for homes with weak or damaged foundations.

Prefabricated fireboxes come with a full flue and chimney system, significantly reducing the price and installation time. However, if you need to replace the panels down the line, you are locked into the same model or something very similar.

Yes, it can be worth installing a gas fireplace, depending on your home heating needs. The cost to install a gas fireplace can be much lower than the cost to install a comparable wood-burning fireplace. The convenience of starting a fire with the flip of a switch and turning it off just as quickly makes a gas fireplace a big time saver over starting and maintaining a wood-fueled fire. A gas fireplace also does not require ash cleanup or frequent chimney cleaning to remove creosote and other buildup that can lead to chimney fires. Gas fireplaces burn and heat much more cleanly than wood fireplaces.

Yes, you can put a freestanding one in a corner if you’re tight on space. Because pellet stoves don’t get as hot as other types of wood stoves, there only needs to be 3 inches of clearance from the wall on each side. Placing it in a corner should not impact the ventilation—you’ll still need to follow safety precautions by not installing too close to a window. Typically, it’s 4 feet from a window or 18 inches if the stove uses an external air source for combustion. Always check the owner’s manual for specific instructions.

Modern wood-burning stoves are very effective, reaching around 80% efficiency. That’s because models built after 1988 are designed to meet standards set by the U.S. Environmental Protection Agency to operate more efficiently and produce less air pollution. If you have an older wood stove, it may not be as efficient.