Are residential elevators expensive? No, residential elevators are not that expensive if you consider the benefits these offer and the value they add to your home. Residential home elevators enhance the overall value of your property by about ten percent.

Ideal for both indoor and outdoor purposes, home elevators can be easily incorporated into new or existing homes. Based on the model and the function offered, home elevator prices can range from $10000-$50000. Normally, you can find basic models for around $10,000 or less or more luxurious models for over $50,000.

There are so many different factors that go into determining the overall cost of residential elevators. These include size, carrying capacity, durability of materials, number of floors the elevator serves, decoration for the interior of the cab (for e.g. mirrors or chandeliers, carpeting); and specific accessories you installed to make your residential elevator unique.

Home Elevators Add to the Value of Your Home

Besides helping physically disabled people lead a more independent life, residential elevators also enhance the value of your home. They are available in a wide variety of platform sizes and weight carrying capacities. Based on your requirement you can choose your desired color from a number of special colors.

Designed to enhance your comfort, convenience and safety, these home elevators are available in different models with a number of technical options that would ideally suit your residential requirements. With the various technological advancements, the home elevator system has become highly affordable and reliable.

Advanced Safety Features

Residential elevators are equipped with excellent safety features that are less complex and less expensive when compared to commercial elevators.

• Backup power facility
• Automatic cab on/off lighting
• Emergency stop buttons
• A manual system in case of a power outage
• Under-platform sensors
• Safety interlocks
• Alarms
• Locked power cabinets
• 40 fpm travel speed
• Emergency lighting
• Automatic controls
• An emergency telephone or communication system
• Handrails on platforms

A residential home elevator system that meets all safety requirements will start closer to $16,000. Its installation procedure is quite simple and some dealers offer free installation.

Choosing a residential elevator that meets your requirements might prove to be difficult. The internet is a rich resource with information regarding good dealers offering branded models. You can browse the various websites, compare features and select a good model that blends well with your residential décor and ambience. Another way to ensure you purchase a reliable model is to go through the reviews posted by the customers.

Prior to finalizing a home elevator, compare the pricing offered by different companies. This will help you to make a reasonable purchase. Even though the features of home elevators and commercial elevators are more or less similar, the home elevator system is comparatively less expensive.