How Much Does It Cost to Put in Wood-Burning Stoves?

The Stove

• The stove itself accounts for the lion's share of the cost. Wood-burning stoves, however, can vary dramatically in price. Size is one factor that influences the cost. Styling, workmanship and efficiency are other factors. High-efficiency catalytic wood stoves offer features including long burning times and thermostatic controls. The cost of a wood stove starts in the $750 range. High-end models can cost $3,000 and more.

Installation

• It is absolutely critical that you have your wood stove installed by a professional. This is not a job that you should attempt on your own. Mistakes made during installation greatly increase the risk of fire. A professional installation should start at about $500 and can rise with the complexity of the stove. Wood-stove retailers often have contractors who do installation. General contractors sometimes offer installation services, as well.

Chimney Cost

• If you have a chimney that is rated for use with a wood stove, you will save a great deal of money when you put in the unit. If you must have a chimney built and installed, the total cost of wood stove installation will rise dramatically. This will involve putting in the chimney and making a hole in the roof to accommodate it. The installation of a chimney could cost three times more than the installation of the stove itself.

Permits and Insurance

• The cost of permits and insurance can vary dramatically. It largely depends on local regulations and the insurance company that you use. Some jurisdictions require a building permit to install a wood stove. You may also need to adjust your homeowners insurance. Your rates may go up.