I’ve never had a fireplace, though I have been in many homes that do.
I have had a freestanding wood heater for many years.
With observations of fireplaces compared to my wood stove, I think I would go with a stove over a fireplace.
I really think a stove is more versatile and is more efficient.
Though there are a few things to consider.
I think a fireplace is a little safer for homes with small children or grand kids.
A stove gets very hot if kids get to horsing around and don’t pay attention someone could accidently touch the stove.
If I were building new, I would opt for a stove with some stone work around it as to box it in, in some way to reduce the chance of accidental contact with the hot stove.
Also with partially boxing it in, I would make some duct work so you could put a fan and draw and distribute the heat from the stove area into other rooms.
My stove is at one end of my home and I have to use 2 fans to circulate the air in order to even out the heat.
Like I said earlier a heater gets very hot so placement is more important because you wont be able to put anything very close to it. that’s another reason I would box it in.
I do like the bedrooms a little cooler at night so I turn the fans off at night.
So if I was building new, and even with a stove or fireplace, I would look at a way to distribute the heat throughout the house.
My stove has a glass window in the door and it puts out plenty of that beautiful ambient light like you get from a fireplace.
On a plus side with a stove, the chimney temp is a little higher and the stoves with a catalytic burner will keep the creosote build up to a minimum.