Residential Elevators

Written by Jim the Realtor

August 13, 2015

8 Comments

  1. jenrent8@yahoo.com

    I predict they will sell a lot of those, I should sign up to be a west coast distributor.

  2. Jim the Realtor

    Agreed – you could sell a couple a week if they were under $20,000. I couldn’t find a price.

  3. daytrip

    I think they might have meant the “Lost in Space” elevator. Great idea in any case. I like the idea of a more open elevator. That way, if it dies on you, you’re not stuck alone in an elevator in your own house:

    https://www.youtube.com/watch?v=xhzUy2rO0EI

  4. Shadash

    I have really steep stairs going up to the 2nd floor. Not a problem if you’re young but I’ve noticed that older people won’t go near it.

    I’ve been thinking about ways to address the issue. One solution is to put the stairs somewhere else and make them less steep.

    Elevators or “lifts” are another option. But I’ve heard they’re incredibly expensive to maintain and possibly difficult to insure. All the residential ones I’ve seen look Rinky-dink. Even the tube one in the video seems like if power went out half way you’d be stuck + unable to get out.

    And the unlimited question… Would an elevator add value to a house? I don’t think it would.

  5. Jim the Realtor

    The only person who might think it adds value is the guy who buys it. The elevator would provide him some convenience and the salesman would tell him that it adds value.

    But if you were to sell the house, very few – if any – buyers would pay more just because it has an elevator.

  6. Jiji

    IMO these are more for the boomers who don’t want to move or leave Their SoCal home, I would think there is a growing market for them, as for resale yea that’s kind of sketchy as someone buying a home would just look for a single level (unless in very very expensive land area).

  7. Name

    In one of the company’s videos it is mentioned in the written description that it costs around 15,000 pounds or about $22,000.

  8. Jim the Realtor

    Thanks. How about starting a specialty construction company that offered either an elevator or a remodel of your living room into a master suite?

    Elevator for $30,000, or
    Downstairs master for $50,000

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