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Pellet stoves are used as heat sources for homes. They work by burning biomass pallets, which might be composed of wood, sawdust, or food waste. The pellets are stored in the stove's hopper until the stove is ignited, at which point some are released into the stove's firebox to burn for heat. Unlike most fireplaces, pellet stoves have a thermostat that adjusts the temperature by releasing more or fewer pellets, depending on how warm you want to make your living space.

The cost to replace a chimney is about $10,000 on average and can cost up to $15,000, depending on the size, accessibility, materials, and extent of the replacement. Sometimes tearing the chimney down to the roof line and rebuilding it is an option. But if the chimney's internal structure deteriorates badly enough, a complete demolition down to the fireplace or the foundation may be necessary.

Single-pane windows might let in the cold, but if you’re not ready for a long-term solution or window replacement, there are quick fixes to keep your space warmer. Start by sealing gaps with weatherstripping or caulking around the frame to block drafts. For an extra barrier, apply window insulation film to the glass, trapping an air pocket between the film and the window. Thick curtains or thermal drapes can also help keep the chill at bay. And if you’re in a pinch and looking to get creative, bubble wrap can provide a surprisingly effective layer of insulation—just spritz the window with water and press it on, bubble side in.

A fireplace can increase a home's value by as much as 12%, with some reports indicating that homes with fireplaces list for around 13% more than the median sale price. Fireplaces are both functional and aesthetically pleasing, adding a charm that many homebuyers find desirable. The actual return on investment depends on the fireplace's size, type, and material.

However, a fireplace can detract from a property's value if it is unusable, not up to code, or in need of immediate repairs. The type of fireplace also matters; custom electric fireplaces and inserts can add value, while freestanding units that can be removed have less impact.