The increasing demand for more modern and comfortable home facilities makes installing a home lift an attractive option.
A home lift can improve accessibility, especially for families with members who have mobility limitations, while also providing greater convenience when moving between floors.
In addition, installing a home lift can also increase the resale value of the property. However, before deciding to install a lift at home, it is important to understand the costs involved. The cost of installing a home lift varies depending on several factors that will be discussed further in this article.
Factors That Influence the Cost of Installing a Home Lift
There are several factors to consider when determining the cost of installing a home lift.First and foremost, the type of lift selected will greatly affect the overall cost. For example, hydraulic, traction, and screw-drive lifts each have different price ranges due to the varying technologies they use.
In addition, the lift’s load capacity, number of floors, and extra features—such as custom designs or advanced safety systems—also contribute to the final cost. The more complex the needs and desired features, the higher the installation cost will be.
1. Types and Technologies of Home Lifts
Three types of lifts commonly used in residential homes are hydraulic, traction, and screw-drive. Each lift type has its own advantages and disadvantages, which influence the installation costs.
- Hydraulic Lift: This type of lift uses hydraulic pressure to raise the cabin. Although it is stable and durable, the hydraulic system requires a dedicated machine room and oil tank, along with higher maintenance costs. As a result, installation costs tend to be higher.
- Traction Lift: This lift uses cables and pulleys to lift the cabin. While it consumes energy at a level similar to hydraulic lifts, it requires more space and has a relatively high installation cost due to the complexity of the technology involved.
- Screw-Drive Lift: As a more space- and cost-efficient option, the screw-drive lift uses a screw mechanism to raise the cabin. Its installation cost is more affordable compared to the other two types, and because of its simpler system, maintenance is generally easier and cheaper