There are many ways to add value to your home, but few offer the same returns as adding a new fireplace. Typically home projects return less than half their investment value in increased property valuation. A new fireplace however, can return up to 91% of its investment in the form of increased home valuation. A fireplace is a universally loved appliance and adding a new one to any home is a smart investment, not just for you to enjoy, but also for your wallet!