Many homeowners think that residential elevators are only for the affluent. Many think installing one is expensive, more so unnecessary. But think of the times you or a family member struggles to move up and down the stairs due to mobility limitations. When no one is around to help, who will help assist you or them? Anytime, accidents can happen and it can be fatal.
Residential elevators are not just for the rich, but they are for anyone who wants to provide comfort, safety, and accessibility to all family members when moving up and down the house. Just like other major home renovations, there is no exact price for a residential elevator installation.
The cost changes and depends on many factors. Therefore, it is best that you get a quote from a trusted local dealer.
What Makes Residential Elevators Affordable and Expensive?
Here are factors that go into the cost of a residential elevator.
- Acquiring a Building Permit
You will need to have a building permit when you install a residential elevator. Some states do not require a building permit and some do. The price of your permit will vary on where you live. The elevator company of your choice will help you acquire this permit from the local city hall.
- The Number of Stories or Floors
The more floors you have, the higher the cost will be. But with a two-story house, you can make a much affordable deal.
- The Type of Residential Elevator You Need
There are different types of elevators in the market. The two most popular choice of many homeowners are hydraulic and pneumatic. Hydraulic elevators are powered by an arm lift, and it runs smoother and quieter than other elevators. However, it is much more expensive than a pneumatic elevator. Pneumatic elevators are powered by air pressure and are smaller. They tend to be usually used in homes for its price. The best brand in the market today is the Stiltz elevator. It comes in different designs and specifications which will suit your needs and budget.
- The Installation
Make sure that you have enough space in your home where your elevator can fit. It would be great if you have a spare room and use it for your elevator. As a last resort, you need to make room or build more space.
The installation is not the last step because you still need to check your residential elevator and ask someone to perform maintenance for you. The last thing you want is your elevator to suddenly stop and go out while you are still inside it.
How much does a residential elevator really cost? But if you think of the safety and comfort mobility and accessibility device can provide, having one is going to be worth it. Additionally, residential elevators is also a good investment. When the time comes that you decide to move into a different property, the elevator will make your listing stand out in the market.
The cost of installing a residential elevator depends on many factors. It is best to contact a professional so you could get a FREE estimate and get started!