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It has only been in recent years that the idea of having a lift in your home would be considered a luxury that is out of reach and only accessible to those who are incredibly wealthy.

This notion has changed drastically in recent years since there is a growing number of prospective buyers and homeowners who want a lift in their homes. Many real estate websites are noticing the trend with the most common keyword searches being “lift” and “elevator”.

elevator
A residential lift allows people to maintain their independence while staying in their own homes.

The biggest market at present is people in the older age bracket who are at risk of dangerous falls or serious injuries. These people often have mobility problems or other types of health issues which makes it difficult for them to use stairwells.

Younger homebuyers and property investors make up another growing market who are looking to buy or renovate high-end houses for resale to those in the older age group.

A residential lift allows people to maintain their independence while staying in their own homes. They can be secure in knowing that they are equipped to handle their needs. Also, a lift makes navigating a two or more-storey building so easy. Anyone who dislikes the use of a stair or wheelchair lift will appreciate the convenience of a residential lift.

Residents that already have lifts can often be seen displaying their functionality such as:

– Carrying heavy, bulky items
– Groceries
– Luggage
– Cleaning equipment
– Decorating equipment
– Visitors and children

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Lifts can be retrofitted to the exterior of a building or installed in existing home lift shafts.

The price of a standard model costs roughly the same as a family-sized car starting at $36,000. Lifts can be retrofitted to the exterior of a building or installed in existing home lift shafts. They often take up much less space than the size of a standard stairwell and use about as much electricity as most household appliances.