Have you been considering adding a residential elevator in your home? If so, congratulations! You’re already one step closer to future-proofing your house and making your home more valuable to potential buyers.

While installing a home elevator isn’t a renovation project to be taken lightly, residential lifts have become much more common than they were previously, and they’re becoming more popular with different kinds of people — not just the extremely wealthy and those solely concerned with mobility.

Before you make a call to set up your free estimate for your residential elevator, here are a few things you’ll need to think about.

Elevators Increase Your Home’s Value

Having a residential elevator properly installed and regularly serviced can add tremendous monetary and practical value to your home. Even though moving people between floors is a home elevator’s primary purpose, it’s also a great option for moving heavy furniture, luggage and more from level to level.

And if you decide to sell your home, your elevator will make it much more attractive to potential buyers because they’ll see it as a true forever home, one that will allow them to remain independent long after they can’t go up and down stairs easily. Additionally, for buyers who aren’t interested in using it as an elevator, your lift can be converted to a dumb waiter or extra storage space.

Regular Home Elevator Maintenance is Essential

Well-maintained residential elevators are extremely safe, but if you neglect routine maintenance, your home elevator can become a liability for you and your family.

When you’re considering a residential elevator, it’s important to work with an established elevator installation company that offers an elevator maintenance contract for your lift. Make sure you do your research before choosing an elevator company; because home elevators are long-term commitments, you want to partner with a company that’s stable, one you can trust will be around tomorrow.

A good elevator maintenance contract typically covers routine cleaning and lubrications as well as hardware inspections and/or adjustments.

Your Installation Might Include Remodeling

Elevator installation and maintenance companies have popped up lately to keep up with the growing demand for residential elevators, and that’s driven down the cost of installing a new elevator in your home, but be aware that there are more costs associated with an elevator installation than just the elevator. Depending on the age and layout of your home, you may have to do some remodeling.

A qualified elevator company will give you a free quote, make sure your new elevator will be up to your location’s specific codes and regulations and walk you through the installation process, including any remodeling that may need to be done to complete the elevator addition.

In short, installing an elevator in your home is a great idea that can change the look and feel of your space, but you have to make sure you’re thinking about your home’s resale value, how you’ll maintain the lift and what company you can trust to install it properly.

For those in central Arizona, Celtic Elevator installs, supports, services and maintains residential elevators. Call Celtic Elevator for your free quote today!