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If you or a loved one is experiencing difficulty moving around your home, especially when it comes to climbing stairs, installing a home elevator can be a game-changer. These systems are designed to make daily life easier, whether you're helping an elderly family member, recovering from an injury, or simply looking for a more convenient way to move between floors. In addition to aiding mobility, elevators can also help with carrying heavy items like groceries, laundry, or furniture—making them a practical and valuable addition to any home.
Residential elevators come in different types and price ranges, depending on the structure of your home and the complexity of installation. A traditional elevator that requires a fully enclosed shaft typically costs between $20,000 and $25,000 for a two-story house, and $22,000 to $27,000 for a three-level home. This price includes the equipment and installation, but keep in mind that additional costs may apply for building the hoistway. A contractor or carpenter will usually be needed for this part of the project, which can add another $15,000 to $20,000 in remodeling expenses. As a result, the total cost for a two-story home could reach around $40,000, while a three-story home might cost up to $50,000.
For homeowners looking for a more flexible and less invasive option, glass elevators like the Vision 450 offer a great alternative. These systems don’t require a full hoistway, as they can be mounted on a balcony or installed through a floor opening. This makes them ideal for existing homes where major structural changes aren't feasible. The Vision 450 comes as a complete package, including both the elevator and the necessary installation, with prices starting at around $35,000 for a two-story home and $45,000 for a three-story property. Site preparation costs are generally low, ranging from $1,000 to $5,000.
Keep in mind that these figures are estimates and can vary based on location, labor rates, and specific site conditions. It’s always a good idea to consult with a local expert, such as a Nationwide Lifts representative, to get an accurate quote tailored to your needs. Whether you’re upgrading for convenience, accessibility, or safety, a home elevator can provide long-term value and improve your quality of life.
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