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Using Electric Fire Places in Wall to Boost Home Value In terms of increasing home value, nothing adds as much as an electric fireplace mounted on the wall. These unique pieces function as modern art and provide modern, sleek design. They are often partially or totally recessed into 2 x 4 frame walls. They typically only protrude a couple of inches from the space. Safety There are some precautionary steps to take when using an electric fireplace on the wall in order to avoid fire dangers