I’ve read numerous posts on different options for placement of wood stoves and have learned a great deal, but I humbly ask for advice. I have two options as far as a location for the stove or insert. I live in a 2500 sf two story home with a full basement. 1. Place a wood stove in the full basement 2. Install an insert in the existing fireplace on the 1st floor. (We've never used the fireplace) The goal is to reduce our natural gas heating bill by 80-90%. Things to know: 1. Basement is partially finished. We spend very little to no time down there. 2. 1st floor We spend most of our time on the first floor. 3. 2nd floor We spend very little time on the second floor accept for sleeping. 4. We prefer to keep our home between 66 - 69 degrees during the winter months. A friend of mine has his wood stove in his basement. He states it is the best place for it because it heats the entire floor above by warming the basement ceilings (1st level’s floors) along with the heat travels up the basement staircase. He is very happy with his set-up. I would prefer to place the woodstove in the basement but I have a concern. 1.Wouldn’t much of the heat generated by the woodstove be absorbed by the uninsulated concrete slab and the uninsulated cinderblock walls? 2. Would this amount of heat loss warrant not putting in the basement? As far as operating convenience is concerned, my first choice is the basement. Any help and insight would be greatly appreciated. Thanks!