If you’re considering mobility solutions for yourself or a loved one, home elevators may be just the product you’ve been searching for. There are many benefits of home elevators, especially when it comes to home improvement for seniors. They provide convenient access to multiple stories in a home, eliminating the use of stairs—and the challenges that come with climbing them.
At 101 Mobility, we specialize in aging in place solutions, helping provide today’s top home mobility products to those who need them most. We’re sharing our expertise and answering all your pressing questions about home elevators, so you can make the right decision for your unique set of needs. Read on to learn more about the benefits of home elevators, including residential elevator ROI, the types available, a cost breakdown, and more. Plus, learn more about how we can handle home elevator installations and help you with all your accessibility needs.
Why Consider Installing a Home Elevator?
Home elevators are increasingly growing in popularity, as they are both functional and often luxurious. They’re an invaluable option for those aging in place or for those who struggle with their mobility. They are especially helpful to wheelchair users as there is no need to transfer from a chair to use them. They’re also ideal for evolving and long-term mobility needs, as they’ll be there when you need them in the future as well.
In addition, there are a wide variety of stunning elevators available in today’s market. 101 Mobility has many amazing options designed to complement your home’s unique aesthetic. Explore the benefits of home elevators below and see how these aging in place solutions may be able to help you.
How Much Value Does an Elevator Add to a Home?
If you’re thinking of taking this accessibility route, you may be wondering, “how much value does an elevator add to a home,” and if this new addition will harm your home’s resale value. However, there’s a chance that installing a home elevator may have the opposite effect.
Home elevators are a substantial commitment in terms of cost and necessary renovations, but the return-on-investment benefits can often outweigh the cons. While there are several factors that can affect residential elevator ROI, including your home’s location, your home’s size, and the elevator type you have installed, studies show that home elevators have the potential to increase your home’s value by up to $67,000—no small number. Learn more about how an elevator, and other mobility solutions, may increase your home’s value.
Elevators will mostly appeal to those who are aging in place or those looking for home improvement for seniors. However, younger buyers may be interested in this home feature as well. Elevators may make your home seem a bit more luxurious or upscale. They can also be very practical additions, as they make it easier to move heavy furniture, laundry, and more to multiple floors that may be otherwise less accessible. Consider the changes in property value with home elevators to help you make an informed decision.
Benefits of Installing a Home Elevator
In addition to wondering, “how much value does an elevator add to a home,” you may also be curious about additional benefits of home elevators. While your home’s value is important, your comfort and safety are as well and the value of an elevator goes way beyond just the financial. It can improve your quality of life substantially, which you can’t put a price on. In addition to residential elevator ROI, elevator installation brings along these benefits and more:
- Enhanced Accessibility: While elevators do require that you have more space in your home than other solutions such as a stairlift, they are able to be installed in a variety of locations, making them a more flexible accessibility solution. They also allow for wheelchair users to reach multiple levels of a home with increased ease and speed. Learn more about the benefits of home elevators and how this may be a solid option when it comes to home improvement for seniors.
- Increased Safety: With features like a phone, special lighting, panic buttons, and more, you can feel secure in an emergency—all while avoiding the fall risk that comes with walking up the stairs. Plus, we offer a One-Year Limited Service Warranty on every elevator we install and we’re ready with help, maintenance, and more when you need us.
- Clean Appearance: While elevators do require a decent amount of space within your home for a motor and elevator shaft, modern elevator designs often fit seamlessly without major structural changes. We offer several customizable options in a wide variety of colors and sizes, like glass panels and wood accents, so you can fit your home’s unique appearance and style. These luxury home upgrades serve as smart home features, making them extra valuable in terms of real estate market trends.
Types of Home Elevators and Their Costs
The cost of an elevator can greatly vary, with it typically ranging between $35,000-$100,000. There are also a variety of nuances to consider as some elevators require shafts, while others don’t. 101 Mobility offers a range of diverse elevators as excellent aging in place solutions from today’s top brands, including:
- Cable-Driven Elevators: These are the most cost-effective and popular type of elevators, often with pricing ringing in at less than $45,000. They can be built with glass or metal shafts, and are powered by a cable that is wound around a drum. If you’re interested in this type of elevator, the Stiltz Trio Lift may be the ideal choice for you.
- Chain-Driven Elevator: These elevators are often more durable and they do not require a machine room, which saves space. They are also a solid cost-effective option and frequently price below $50,000. The Savaria Eclipse is one of our best.
- Hydraulic Elevator: These are powered by pistons that travel inside the cylinder, which is connected to a system that pumps oil to control movements. They conveniently don’t require separate machine rooms, but they do require an elevator pit, which can make the cost vary. Explore the Savaria Infinity.
- Pneumatic Elevator: These elevators use a vacuum system within a tube to power movement, making them quieter than other options. They usually can’t be hidden, but often add a unique look to a home. Often ranging from $35,000–$85,000, they are easy to retrofit into a home and do not require a pit or machine room. Check out the Pneumatic Vacuum Elevator.
How 101 Mobility Can Help With Home Elevator Installation
We’re proud to be experts in home elevator installation—and in home mobility solutions as a whole. Not sure where to start or what solution you need? We’ll help you decide during a free in-home consultation and get you set up with high-quality, durable elevator models, so you don’t have to worry about a thing. We specialize in home improvement for seniors, multi-level home solutions, and more.
In addition, our installation process is seamless. We are professional and efficient, tackling elevator installation with ease. Through our special warranty and ongoing support, we’ll also help with maintenance, service, and more, making sure we’re there for you through elevator installation—and beyond. Explore our aging in place solutions and experience the benefits of home elevators today.
Take Your Mobility to New Heights
Whether you’re struggling with stairs in your home now or are looking to set yourself up for comfort and safety in the future, home elevators may be the ideal solution for you. Home elevators are convenient, luxurious, and are designed to enhance accessibility in your home—sometning we believe everyone deserves.
Remember, you’re not alone. At 101 Mobility, we’re here to help get you set up in style. Reach out to us today for a consultation or explore all our home elevator options. Whether you’re wondering, how much value does an elevator add to a home, and interested in residential elevator ROI, or are curious about home improvement for seniors, we’re ready when you are. Set yourself up for a brighter, more comfortable future ahead and see what an elevator can do for you.
