The cost of installing a home elevator in 2025 varies widely based on factors such as the type of elevator, the number of floors it serves, and the complexity of the installation. Here’s a breakdown of the average costs:
Average Installation Costs:
- Traditional Elevators: These elevators are built within a shaft or hoistway and typically cost between $40,000 and $60,000 for a two-story home. Each additional floor can add $10,000 to $15,000 to the total cost.
- Shaftless Elevators: Ideal for existing homes due to minimal structural modifications, shaftless elevators cost between $18,500 and $27,500, with an average installation cost of around $22,000.
- Glass Elevators: Offering a modern aesthetic with panoramic views, glass elevators are on the higher end, ranging from $50,000 to over $100,000, depending on design and features.
Additional Cost Considerations:
- Labor and Installation: Labor costs can vary significantly, typically ranging from $700 to $15,000, influenced by the complexity of the installation and any necessary home modifications.
- Maintenance: Regular maintenance is essential for safety and longevity. Annual inspections and upkeep can add to the overall cost of ownership.
- Permits and Inspections: Depending on local regulations, permits and inspections may be required, adding to the overall cost.
It’s advisable to consult with local elevator installation professionals to obtain accurate quotes tailored to your specific needs and to understand any regional regulations that may affect the installation process.
Do You Need Elevator Services In Arizona?
Arizona Elevator Solutions is your go to elevator specialists that can handle anything from elevator repair and maintenance to elevator modernization and upgrades. Get a free elevator modernization quote from Arizona Elevator Solutions today! We also offer elevator services in Colorado.