Earlier, home elevators were considered a utility for individuals with limited mobility or a luxurious addition rendered by the rich. However, over the years, the cost of home elevators, as well as their installation, has drastically dropped, encouraging many homeowners to opt for them. An indoor elevator serves many purposes by simplifying living, enhancing safety, and improving convenience and accessibility, making it possible for individuals to age in the comfort of their own homes.

Functionality
As mentioned earlier, home elevators are practical for people tackling mobility issues. It can help them move around their house with ease, minimizing physical effort.

Increased real estate value
Having a home elevator automatically amplifies the resale value of a property. Several prospective home buyers look for spaces that have elevators as it ensures fuss-free accessibility. This feature matters for home buyers who want to settle down in place and don’t want to switch properties in the future in case their mobility worsens.

Safety and security
Home elevators decrease the instances of accidents, especially when it comes to children and seniors. In terms of security, certain home elevators come with the feature of limited accessibility to avoid unauthorized use. It could be coupled with the home safety system to secure the residence further.

Stylish addition
Home elevators can make a house look stylish and sophisticated. The great part is that now home elevators come in a variety of designs and can be customized according to a homeowner’s preferences. Such a luxurious appeal is also instrumental in increasing in the home’s overall value.

If you are planning to get a home elevator, here are some brands that you should check out:

• Easy Climber
• Pneumatic Vacuum Elevators LLC
• Savaria
• Inclinator
• Garaventa
• Waupaca Elevator Company

Typically, you can expect to pay around $25,000 to $60,000 for installing a residential elevator, based on its type, features, and designs.