Will Adding a Home Elevator Increase My Home’s Value?

by | Jun 27, 2021 | Elevators

As with most major home renovations, adding a home elevator represents a significant investment for homeowners. It’s crucial to ensure that any changes you make to your home won’t negatively impact your home’s value in the future. While your home’s property value will likely increase over time with inflation and changes in the real estate market, the addition of luxury home elevators can make your home more attractive (and more valuable) to future buyers.

Read on to learn more about how home elevators can potentially increase your home’s value, as well as how RAM’s residential elevators offer reliable, affordable accessibility to keep you moving with confidence.

A Sound Investment.

According to RetirementLiving.com, adding a home elevator can increase your property value by 10% or more.

Recent census numbers show that the North American population is getting older, with 49.2 million Americans now age 65 or older. With many members of this population needing mobility accommodations, properties featuring home elevators are becoming increasingly sought after. From recent retirees to large families with ageing parents and grandparents, many potential buyers view home elevators as an asset (and will pay accordingly!)

RAM’s Home Elevators

Since 1987, RAM Elevators + Lifts has continually developed innovative, value-adding accessibility products for homeowners across North America. We pride ourselves on engineering high-performance, reliable elevators and lifts that enhance our customers’ quality of life through effortless, comfortable mobility.

Our complete range of residential home elevators is designed for comfort and convenience from the ground up. Our Smart Space Design features a combination of compact, low overhead, pitless, and machine room-less (MRL) engineering that saves homeowners space, money, and time, all without sacrificing long-term performance and reliability. RAM’s proprietary electric drive system offers dependable, whisper-quiet power without the maintenance, costs, and inconvenience typically found in home elevators.

Whether you’re searching for valuecomfort, or luxury in your home elevator, RAM’s comprehensive product range offers mobility solutions suitable for any home. With a wide variety of styles, finishes, and accessories available, RAM Elevators + Lifts is ready to help homeowners discover the perfect home elevator for their needs.


Ready to Learn More?

Request a quote today, or contact us to learn more about RAM’s Commercial Crystal lifts.


Get started with RAM today.