Installing a home lift is a significant investment that can enhance your quality of life, accessibility, and convenience within your residence. Whether you’re facing current mobility needs, planning ahead for the future, or looking to increase your overall resale value down the line, a home lift affords a superior experience for homeowners across North America. At RAM Elevators + Lifts, we’re passionate about partnering with our customers to find the right solutions for their needs and their unique space.
Below, we’ll take a closer look at some of the core variables that influence the cost of installing a home lift. Read on to learn more.
Type of Lift
The type of lift you choose will play a significant role in determining your total cost. There are multiple different kinds of models available, including:
RAM’s Trus-T-Lift Platform Lifts
Our Trus-T-Lift platform lift is a cost-effective and flexible solution that is designed to offer smooth and safe vertical travel for wheelchair users both inside and outside the home. Trus-T-Lift is easy to install and less invasive than traditional elevators, which often means less modifications (and therefore less cost!) to your home’s structure.
Hydraulic Lifts
Hydraulic lifts are known for being smooth and quiet but come with the downside of often needing a dedicated machine room for efficient operation. Hydraulic lift installation can be quite involved which adds to your overall spend, and the need for extra space for a machine room can often be an inconvenience for those who are concerned about floor plan efficiency.
Pneumatic Lifts
Often referred to as vacuum lifts, pneumatic lifts are a more affordable option and easier to install since they do not require a machine room or extensive shaft construction. That said, they also often incur higher maintenance and operational costs due to their reliance on air pressure for performance. This can be cumbersome for daily use, and downtime can be highly inconvenient.
Installation Complexity
As a general rule of thumb, the more complex your installation is, the higher your cost may become. Installations that require significant retrofit measures and/or structural modifications cost more than simple installs due to the need to cut through floors, reinforce walls, etc. The viable location of your installation, as well as the existing space within your home (if retrofitting), also plays a key role in informing the intensity required for the installation process, which will, in turn, inform the cost. Permit and regulatory costs will also inform installation complexity.
Customization and Features
The degree of customization and the specific features you choose for your lift will also impact the cost, though this is typically worthwhile for those who view their home lift as a long term investment in their health, wellness, and peace of mind at home. Details like the cabin size and design, materials used (i.e. standard metals vs showcase glass designs), and additional features like automated doors may influence your cost.
Maintenance and Operating Costs
While they aren’t installation costs, it’s worth considering the costs associated with maintenance and operation when purchasing your home lift. Our Trus-T-Lift models are designed to be as efficient and low maintenance as possible, requiring minimal inspection and lower energy consumption than most other models on the market!
Choose Convenient, Affordable Accessibility, with RAM Elevators + Lifts
For over 35 years, RAM has been committed to helping homeowners all over North America find residential elevators that fit their needs. We offer different price points to cater to everyone in need of accessibility solutions. From an outdoor lift to bypass the stairs to indoor features that carry you to all levels of the home, RAM can help. Contact RAM Elevators + Lifts to get your own iconic luxury elevator that can match your home’s aesthetic.