How Much Do Residential Elevators Cost?

How Much Do Residential Elevators Cost?

How Much Do Residential Elevators Cost?

Multi storied buildings pose problems in accessibility for mobility impaired and elderly individuals when they want to get from one floor to another. Residential elevators can solve this problem, making life easier and more comfortable to such persons. When planning to install residential elevators, the question that immediately comes to one's mind is how much do residential elevators cost.

Factors Influencing the Cost of Residential Elevators

There are several factors that affect the cost of home elevators materials used for making them, size, carrying capacity, safety features, basic design, number of floors served, interior decoration of the cab, the model selected and additional accessories you installed to make your home elevator unique.

Normally, the cost of home elevator ranges from $10,000-$40,000, including installation costs. When buying home elevators, some of the features that you can look for include alarm system, lower and upper terminal limits, cable safety device, electromechanical interlock system, in-cab telephone system, interlocks for hoistway, doors integrated with interlocks, emergency light and battery backups. If you want other additional features, you can always order customized residential home elevators from a reliable manufacturer.

The price of an elevator varies according to its type. The types of home elevators available include hydraulic elevator, electric or traction elevator, pneumatic lift elevator and overhead winding drum elevator. Whatever be the type of residential elevator you plan to buy, the most important factor is the safety of the appliance. Elevators with advanced safety features will naturally cost high.

The cost of residential elevator systems will also vary according to where you are installing it. To be more precise, installing a home elevator system in a house that is under construction will cost less than installing the system in an existing home.

Make a Worthwhile Choice

Before choosing a home elevator system, always try to gather as many details about the model you are looking for. Compare the residential elevator cost of different companies. Research and looking at home elevator reviews posted by customers will help you in your selection. With the useful information gathered, you can get the best quality brand at the best price.

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