Value of elevator?

Asked by Karenkay51, Sausalito, CA Sat Apr 5, 2014

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89jackmoore, Home Buyer, New York, NY
Wed Oct 7, 2015
A lot of that comes down to your PERSONAL value of the elevator. If it's something you're going to use, or even need (depending on how many floors the house has) then it will be worth more. If it's just wasted space and you're really only going to use it to move furniture in, maybe it's worth less. If you move furniture fairly often, have any mobility issues (or relatives/friends with them), or the house has three or more floors, it would definitely be worth it.
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garypuntman, , Los Angeles, CA
Wed Apr 22, 2015
That's good to know! My grandpa lives in a 3 story home and I was wondering how much value his elevator will add to his home. He's planning on listing his home in about a month. I want him to know for sure how much he should list his home for.
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Dorene Slavi…, Agent, Torrance, CA
Thu Sep 25, 2014
Very valuable if the property is more then one story! Some two and three story homes are off the list immediately with some of the population due to difficulty in getting up the stairs. An elevator will eliminate that!
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elizabethvau…, , Sweden, ME
Tue Apr 22, 2014
Home elevators with great comfort, satisfaction and beauty will increases the value of your home.
For those looking for ways to increase their home value, the installation of a home elevator is almost guaranteed to make that happen. A home with an elevator will help be more able to compete in this market of excess inventory equally with ranch style homes.
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Phil Rotondo, Agent, Melbourne, FL
Sun Apr 6, 2014
The value increases as the number of floors increases.
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My wife has been having a lot of trouble going up the stairs since she had her big surgery. Our house is three stories tall, and she often has to go upstairs for a lot of things. I think that an elevator would be very valuable in our home.
Flag Tue Oct 28, 2014
Yes, I don't think that an elevator would serve much purpose in a two story home. Any more than that, and I think they are a wonderful addition. You do have to make sure it is inspected and maintained.
Flag Mon Aug 18, 2014
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