Are you calculating your residential elevator cost which will suit your pocket and also be a good value addition to your home? Look no further as this article will be only about that.
Move away plain residences and apartments, with no lift! Usher in the era of residential elevators. These are a good choice when you are looking at giving a bit of a lavish touch as well as bringing some convenience with regards to mobility. These elevators are fast becoming popular these days, and as a result many people are going for it. There is, however, a sort of veil surrounding these elevators when it comes to how affordable are these. This, though, is not exactly the case. As more and more people are opting for it, the prices are becoming affordable.
Costs
To cut a long story short, residential elevators, can cost anything ranging from around $8,000 to 10,000 at the least, to going as high as $100,000 and above. If you are looking at getting elevators on tracks, it will be between $8000 to 10,000. On the contrary, in case you are thinking of elevators on shaft, the cost may hover in the range of $13,000 to 18,000. To add another dimension to this, a 2 stop, elevator constructed by a reasonably good company can cost around $20,000. You may find that the cost would be more if you are opting for more embellishments and better looks.
Factors Affecting the Cost
#1
Dimensions are one of the important factors having an impact on the cost of these elevators. To give you an example an elevator cab measuring 3 feet wide by 4 feet deep will is going to be less expensive as compared to one that is 3 feet wide and 5 feet deep. Similarly, an elevator involving only 2 stops would cost less as compared to one which has several stops.
#2
Another factor which can determine the cost is that whether it is retrofitted or built in during the construction of the house. Obviously the one which is fitted to suit the house after the house is built will cost more than the one which was built along with the construction of the house.
#3
Home elevators can be either roped hydraulic elevator, a vacuum elevator, a counter weighted chain drive elevator or a winding drum elevator. When applied in different setting and when different companies quote the prices, the overall price will be affected and will vary.
#4
Specialized features too, can increase or decrease the cost. The material used, capacity and interior decoration or embellishments and many more can lead to a serious rise in the cost of the lift.
Eventually, each house is different and the cost will be completely based on the individual house and the related conditions. In fact, this factor itself can either lower or increase the final cost of residential elevator. Further, which company you opt for can also be a factor.
In addition to these, before you take a final decision on the type and the company and start the process of the elevator construction, there are a few more things which need to be looked into. These are important, as these can easily add a couple of thousand dollars to the overall cost. These aspects are total size, passenger carrying ability, floor numbers and most importantly, implementation of safety standards.
At the end of the day, even if the residential elevator cost is a bit high but the safety and security measure are implemented well and the overall set up is good, it would be a good deal for home improvement. That is because having a lift makes life easier for the elderly as well as the sick. This is where I step off the elevator and leave you for a breather!
