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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.

Some homes with wood-burning fireplaces don't have ash pits due to design choices, construction practices, or the age of the house. Many older abodes don't have them because ash pits weren't a standard feature when they were built. Additionally, in smaller homes or homes with less frequent fireplace use, builders might have opted to forgo an ash pit to reduce costs or simplify maintenance.

Wood is classified as either hardwood or softwood. For firewood, hardwoods are generally the best choice as they tend to burn longer, hotter, and produce less smoke than softwoods. Recommended hardwoods include oak, hickory, maple, cherry, ash, beech, birch, elm, and walnut. Oak is a particularly good option as it's widely available, slow-burning, and doesn't produce much smoke or sparks. Some woods, like oak, hickory, and cherry, also emit a pleasant scent. It is best to avoid softwoods such as eucalyptus, poplar, and willow, as they create a lot of smoke and have a high moisture content that makes them difficult to light and burn efficiently.

A chimney without a liner is not recommended. Chimney liners protect the surrounding structure from heat, reducing the risk of fire or structural damage. Just as important, liners prevent carbon monoxide and other toxic gases from leaking into your abode by guiding smoke and gases out more effectively. Remember, installing a liner ensures safety and extends the life of your chimney.