To add the warmth and charm of a fireplace without the hassle of actually building a fireplace, consider installing an electrical one, which will add the same toasty appeal and fast become the focal point of any room. In a small room where space is at a premium, use a corner unit. In a larger room, consider centering a fireplace on a wall or by a built-in bookcase for a more dramatic effect.

Today's electric fireplaces are a far cry from the original units that were often a distracting element in a room. The technology and 3-D imaging behind some of these new units make the flame and firewood more than realistic and traditional styling with solid materials makes them look like a built-in fireplace without all the mess and stress.

A heating contractor will charge $3,800 to install a 36-inch-wide Lennox Reflections electric fireplace with bi-fold glass doors and a paintable wood enclosure with mantel. You can buy the fireplace unit for $3,200 and install it, saving 16 percent. That's assuming you have experience with electrical projects and some carpentry skills. If you have any doubts about doing the installation, consider hiring a professional installer. You can find one wherever the unit is sold.