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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.

If you have a chimney, you need a flue or chimney cap. The right covering keeps rain, debris, and animals from getting into your flue or chimney and causing damage. A flue or chimney cap also provides fire protection. The mesh insert around the cap keeps sparks from flying out of the chimney and igniting leaves and other materials.

The answer can vary widely based on a home's age and design. As with any type of remodeling project, assume that every structure is load-bearing until confirming otherwise with a structural engineer. Almost all modern homes have chimneys that are fully independent from the rest of the home's framing. As a result, they don't bear any load beyond their own weight. However, many historic homes built prior to the 1900s contain load-bearing chimneys that tie into the surrounding roof and floor joists. If possible, use a home's blueprints or look for chimney connections that indicate load-bearing qualities to get your answer.

Home insurance prices depend on where you live and the individual insurance company's policies. Some insurers charge a flat fee for fireplaces or wood-burning stoves, which is often a few hundred dollars per year. Other insurers base this fee on a percentage of your annual premium. You may want to check your current or prospective policy before beginning this project.