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

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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.

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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.

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2023 Home Elevator Cost | Residential Elevator Price

Are you thinking about installing an elevator in your home? The luxury and accessibility that home elevators provide come with many benefits that everyone in your home will enjoy.

Our clients often ask us how much a home elevator costs. Because every home elevator is designed and manufactured specifically for each home, there is no one-size-fits-all answer.

In short, the cost of a home elevator can vary tremendously. Most home elevators that Arrow Lift installs fall between $30,000 – $50,000. However, some basic systems can start under $30,000, while other custom applications can cost over $100,000.

Depending on the application, system, and desired level of finish and customization, we will work with you one-on-one to find the system that works best for your unique home and budget.

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Design Options

Your elevator is custom-designed to fit seamlessly into your home. Our team of experts will work with you to meet the aesthetic of your home and your personal style preferences.

F​​or example, the car interior can be thought of as a small room. Whether you favor glass and steel or a paneled wood cab, the design options are limitless and Arrow Lift will work with you to provide an elevator that serves as an extension of your home.

Secondly, fixtures can be customized to match your vision. Home elevator fixtures include car operating panels, phone boxes, hall stations, lighting fixtures, handrails, and specialty items. Whatever your finish preference, we can provide you with elevator fixtures that blend into your home’s decor.

Additionally, the door and gate mark the entrance to your elevator. Not only should they match your home’s design aesthetic, but they also need to be safely designed

What Are Drive Systems and How Do They Impact Cost?

Drive systems are the heart of the electronic and mechanical operations of your home elevator. Arrow Lift offers three home elevator drive systems:

Roped hydraulic drive is a quiet, smooth drive system. It can be used in taller spaces without having to drill in the ground, as is done with direct hydraulic drive systems.

Inline gear drive is the most economical and space-saving option, being able to fit into compact overhead spaces.

Winding drum drive is a technology that has been used in several types of home elevators throughout the years. Recently, this includes many shaftless elevators, which are popular today.

Air-powered/pneumatic vacuum drive is a newer technology used in modern, luxury home elevators with round, transparent shafts, and cars.

The drive system you choose can impact the cost of your home elevator. Typically, the air-powered drive is the most expensive, and the inline gear drive or winding drum drive is the most cost-effective.

Drive systems are the heart of the electronic and mechanical operations of your home elevator. Arrow Lift offers three home elevator drive systems:

Construction and Cost

Whether you are building a new home or remodeling an existing one, there are construction costs to install an elevator in your home. Installation typically requires foundation work, a hoistway structure, electrical power, fixtures, trim carpentry, and finish work. 

There are many factors that go into construction costs, such as:

  • Number of stories in your home
  • Type of drive system you choose
  • Layout of your home 
  • Locations of your elevators doors (pass through, same side enter/exit, or 90 degree)

The Arrow Lift Difference

We don’t believe in a one-size-fits-all solution. After all, you have a unique home that requires a unique elevator. That’s why we guarantee a personalized experience to determine the elevator details that work for you and your budget. There are no hidden fees when you work with us.

Whether you need a budget home elevator for under $30,000 or an elevator with high-end features, we have solutions. In the end, our service-oriented experts will ensure you have a safe, reliable elevator in your home.

Contact us today for a no-obligation consultation or to find a showroom location near you!

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