Different price points for different fireplace and woodstove features
When selecting a fireplace, you will be confronted with logistical questions as simple as whether the fireplace will physically fit into your home without requiring some sort of surgery on entryways, whether or not gas lines are available in your chosen location, and whether or not your budget can support as much fireplace or woodstove as you desire. The last question is certainly the most difficult of the lot. This is the question that generally sees the most attention, and causes the most discussion amongst prospective fireplace or woodstove buyers.
The first point to bear in mind is that fireplace and woodstove prices vary widely, depending on such issues as the price of their fuel, and the time of year or even the price of the raw materials (such as iron or steel) used in their construction. As well, since most vendors are free to set their own prices, your local area may have considerably higher prices for fireplaces and woodstoves than another area, or conversely, buying local may prove to be a steal.
As a rough price comparison, most basic fireplaces fall in the $1,000 - $2,000 range. More advanced or "premium" fireplaces can cost as much as $5,000. The price can vary depending on additional options, such as construction materials (plate steel vs. cast-iron), heat-circulating blowers, gold accents, fireplace tools and accessories, or types of flame visualizations in electric or gas fireplaces. Know what options come with any fireplaces that you are considering so that you can decide whether or not you're getting good value for your money.
Of course, the prices of custom-designed fireplaces and high-end luxury fireplaces can quickly rise to dizzying heights, costing $25,000 and more, with only the sky being the limit. Again, if you don't require platinum and silver construction, keeping your purchase below this level will not pose a significant problem.
Wood stoves range in price from a few hundred dollars for the smallest and most basic plate steel units to several thousand for cast-iron construction models with large fireboxes and which conform to EPA Phase II regulations. While a basic functional woodstove costs around $1,200 on average, aesthetic accents, additional cooking space, or specialized materials can push that price well over $5,000 as well.
So in the end, it's just a matter of deciding what characteristics really are the most important to you and buying a stove or fireplace that fits into your budget.