If you are looking for a nice fireplace and not having the money to pay to have one built into your home, the best option would be an electric fireplace. An electric fireplace is nothing like a traditional fireplace, however it gives off the same ambiance and all while acting as a big space heating system at the same time. Also electric fireplaces are not too expensive. You will spend a little over a thousand dollars for a great one, and it is something you can truly install yourself without the need to hire a fireplace professional to do it. That is the other bonus about having an electric fireplace. I myself have now had an electric fireplace for about 7 years now and it has been doing me and my family real good. At the holiday season around Christmas it is something that can be decorated just like a real authentic fireplace. If you were to go the other fake fireplace route you would not be able to hang anything near or on it because we would be talking about a gas fireplace. Those are not as nice as electric fireplaces anyhow. Also, with the electric fireplace acting as a big space heating system in addition, we have been having good luck in saving money on my monthly electric bills as well. We provide the central heating and cooling system’s heating system a break when it is cold in the day time or waking hours and use the electric fireplace. It works well to heat up the residing room area of our home. I can not say enough nice things about the electric fireplace!