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Yes, gas fireplaces can increase your home's value by as much as 12%. They are a sought-after feature because they burn cleaner, provide more warmth, and are more convenient than wood-burning fireplaces. Modern gas inserts can also provide the traditional aesthetic appeal that buyers like. To ensure the highest return on investment, perform regular maintenance and schedule annual professional inspections.

A properly constructed and maintained chimney crown can last 50 to 75 years. However, its lifespan can be significantly shorter—20 years or less—if it was poorly constructed, improperly installed, or damaged. Factors like using the wrong materials or failing to prepare the brick around the flue can lead to moisture buildup and premature breakdown, potentially resulting in a more costly rebuild.

Running a gas fireplace costs approximately $0.35 per hour for natural gas and $0.62 per hour for propane, though these figures can vary significantly based on fuel prices in your area. On average, the annual cost to run a gas fireplace is between $400 and $640. The exact impact on your utility bill depends on several factors, including how often you use it, the size of the room you're heating, and the fireplace's BTU rating. Some models with a constantly running pilot light will consume a minimal amount of energy even when off, although many modern fireplaces do not require one. If you are looking for a more energy-efficient option, consider an electric fireplace.

There are fire codes for a fireplace mantel made of wood or other combustible material. The mantel must be mounted at least six inches away from the fireplace opening on all sides with a non-combustible material—like stone or brick—installed between the mantel and fireplace. Building codes and regulations will vary based on your location, so before beginning the project, research the requirements in your area.