If you need to improve mobility at home for yourself or a family member, an elevator is the best solution. A residential elevator can make it easy for a person who has trouble using the stairs to travel from floor to floor. An elevator can also be of assistance to someone who needs to transport heavy objects, such as bags of groceries or a laundry basket, and would have difficulty doing so while walking up or down stairs.
Home elevators vary in terms of construction and price. A traditional residential elevator in an enclosed shaft typically costs $20,000 to $25,000 for a two-story house and $22,000 to $27,000 for a three-level dwelling. This is the cost for the elevator equipment and installation. A carpenter or general contractor will need to be hired to build a hoistway. This will be a separate expense in addition to the cost of the elevator. In an existing home, the cost for remodeling will probably be around $15,000 to $20,000. The cost for remodeling and installing an elevator will be around $40,000 for a two-story house and $50,000 for a three-level home.
A glass elevator does not require a constructed hoistway. Instead, it attaches to a balcony or travels through a hole in the floor. A glass elevator such as the Vision 450 is a great solution for an existing home because the elevator and hoistway are included in one package. A very minimal amount of remodeling work is required. A Vision 450 elevator, including both equipment and installation, costs about $35,000 for a two-level house and $45,000 for a three-story home. The cost for site preparation is generally around $1,000 to $5,000.
The above numbers are just estimates for budgetary purposes. Prices vary greatly based on local labor costs, licensing, and site-specific details. Contact your local Nationwide Lifts representative for an accurate quotation.