In home elevators cost: Solution Center – Tips, Advice, and Ideas

Home Elevator Costs, Residential Elevator Costs

Whether you need an elevator in your home because of a disability or you want to add a luxurious touch, a home elevator from Nationwide Lifts is affordable and practical. At Nationwide Lifts, you can choose from a variety of traditional and contemporary elevators, wheelchair lifts, and stair lifts.

A Home Elevator Is Not As Expensive As You Think

Having an elevator in your home is not as expensive as you might think. Most people feel like home elevators are for the rich and famous only, when, in fact, many middle class homes have an elevator inside. Some people have them to add a luxurious feel, and others have them installed because a disability or age has made it difficult to use the stairs. No matter what your reasoning is for getting a home elevator, Nationwide Lifts has the right one for you.

The average cost of a home elevator is between $10,000 and $20,000.

Higher-end models or optional features can raise the price to $30,000 and up. A home elevator will cost you about the same as most new cars. If you are adding an elevator to an existing home, it will be more expensive than building a house with one. To protect your investment at Nationwide Lifts, we back our elevators with a 10-year mechanical warranty. Elevator costs vary by model, size, and drive system.

The cost of installation can sometimes be a bit high, depending on the type of elevator. A pneumatic elevator needs minimal installation because they are smaller and does not need a pit or machine room, and little construction is needed. Larger elevators that may cause you to make altercations to your home; to fit it would drive the installation price up. You will also need to get a permit to install a home elevator and that could run you a few hundred dollars.

The Less Costly Alternative: Stair Lifts

If you want a less costly alternative, at Nationwide Lifts, we also offer stair lifts. These less expensive lifts give you the ability to travel up and down the stairs in a chair that moves via a track. They only accommodate one passenger but are easy to install and inexpensive.

Click Here to Get a Quote!

While it may be slightly costly, a home elevator can be a big help and will add value to your home. For someone who cannot use the stairs anymore, a home elevator is priceless, because it will allow them to have full access to their home. On average, having a residential elevator will increase the value of your home by 10 percent. To get a better estimate of what a residential elevator will cost you for your home, you can request a quote on our website.

There is simply no other company that can offer you all of this.

If you are looking for a customized quote or just want to ask a question, get in touch with Nationwide Lifts today to start talking to a Home Elevator expert.

Contact Nationwide Lifts

How Much Does a Home Elevator Cost?


With more homeowners choosing to live in their homes longer, it makes sense to make multi-level homes accessible. We also need to consider the functionality of our homes for multi-generational families. Even though residential elevators have the reputation of being a luxury item, today’s reality is that the cost of a home elevator can be more affordable than the expense (and headache) of moving. Let’s look at how much home elevators cost and how they can elevate your life.

What Is the Average Cost of a Home Elevator?

The number one concern homeowners have when it comes to home elevators is the cost. On average, the starting cost of a home elevator is in the low $30,000. Your actual cost depends on a variety of factors, including the configuration of the elevator car to you and your home’s unique functional requirements, the type of elevator drive, and if upgraded options are added to the lift.

Does an Elevator Add Value to Your Home?

The short answer? Yes. Elevators open up a whole new level of mobility to homeowners while also increasing the home’s value. Homebuyers will typically view an elevator as a valuable asset. Elevators will also increase safety, enhance your home’s style, and will allow your family to enjoy their home well into their golden years.

Key Factors in Home Elevator Cost

Home elevators come in a wide range of shapes and sizes. In this section, we’ll break down the basic functional elements and design factors of home elevator costs.

1. Site Preparation

Elevators can be installed in new homes or added to existing homes. Depending on the extent of the construction needed to build the elevator shaft and possibly a machine room, this will affect the cost of the total elevator project. Typically, a general contractor is hired by the homeowner to manage this portion of the job and is separate from the elevator company’s proposal.

2. Drives

Did you know that not all elevators are made the same? There are multiple motors or drives to choose from, such as electric or hydraulic drives. Hydraulic drives use a piston to raise or lower the car. Electric drives include the inline gear drive and winding drum drive. The benefit of an inline gear drive is that it does not require a machine room. Often the layout and construction needed to modify your home will dictate the type of drive you choose.

3. Configuration

When planning for a home elevator you should consider how you want to enter and exit each floor. The most common options are a standard single opening, 90 degrees, and straight through whereby you have 2 opposing doors. This selection will be determined by the house layout and an understanding of how the main user will need to access the elevator. For example, the straight-through option is beneficial for wheelchair users, so there is no need to back on or off the lift. You also need to consider how many floors your elevator will serve and the total distance it will need to travel.

4. Finishes & Fixtures

The right home elevator should match your home’s style and can be tailored to your design preferences. The elevator car is often made of wood panels that come in various styles, wood species, and stains. The fixtures of your elevator include operating panels, recessed telephone cabinets, hall calls, and handrails. From material to color options, these fixtures are customizable to match your home’s design

5. Upgrades

When shopping for your home elevator it is important to consider your future needs. Adding options like a power gate operator will allow you to easily open and close the gates automatically and with little effort. Also fitting your elevator with a grandparent switch will allow users to have only limited access to the elevator, a valuable safety feature.


Our Home Elevators Options

At DME Elevators & Lifts, we want you to enjoy your home safely and stylishly.

Our home elevators share a number of features and functions like emergency backup capabilities, car sizes that fit up to 15 square feet, and heights that extend 8 feet or taller while providing up to 50 feet of travel with six stops. All of our elevators are highly customizable and tailored to fit your accessibility needs.

That’s why we carry a variety of models from reputable residential elevator manufacturers. Stop by our Lisle showroom to take one of our elevators for a ride and see firsthand how we can help move your mobility to the next level.

Call us to learn more about specific elevator pricing.

Elevate Your Life with DME Elevators & Lifts

When you choose DME Elevators & Lifts, you’re choosing an experience that customers have trusted for over 40 years. We promise to offer you premier service beyond your elevator installation with worry-free operation for years to come.

Home – Elevators for private houses and cottages

Lifts for private houses



+7 495 545-09-05

We will design, manufacture and install an elevator to your house according to an individual project. Take for maintenance