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Residential Elevator Prices: How Much Does a Home Elevator Cost in the Minneapolis Area?

A residential elevator is often assumed to be an expensive addition to a home. However, when compared to downsizing and moving to a single level home with all the associated costs, adding a residential elevator can be a very affordable option. The addition of a home elevator can be your safe and easy solution to navigating between the floor levels of your home. Lets learn how much one costs!

How Much Does a Home Elevator Cost?

Elevator in HomeOn average, home elevators can cost between $28,000 and $35,000 depending upon floors served, the configuration of the elevator car and other considerations. The prices that we quote for our customers include tax, permits, shipping, and installation fees. Other dealers may list a price that is lower than the price range we have given; however, their price may not include the above items.

The price range listed above, however, does not include architectural costs, or the renovations to your home that are required to accommodate your new elevator.  We have excellent relationships with many building contractors and architects to help your project go smoothly and on time.

Get an accurate elevator price for a home elevator by calling us at (651) 462-3444 or emailing us.

In the meantime, we listed the factors that have an effect on the cost of a home elevator, so that you understand what you will be paying for.

Types of Home Elevators:

Lifeway Mobility sells and installs both traditional and through the floor (shaft-less) residential elevators.

Through-the-Floor (TTF)

A through the floor elevator is an innovatively designed elevator that literally travels through the floor without an enclosure around it. This style elevator is less expensive than a standard home elevator because it has many more standard features and does not require the construction of a hoistway. It provides homes with more usable space and matches the décor of your floor when it is fully down, and ceiling when it is fully up. The two brands that we offer for the through the floor elevators are Wessex and Savaria.

Savaria TelecabSavaria Telecab
Wessex Through-the-Floor ElevatorWessex Through-the-Floor Elevator

Traditional Home Elevator Cost Factors:

Traditional home elevators are enclosed in a hoistway and when not in use look like a closet from the outside. The brands that we offer for the traditional elevator models are Waupaca and Savaria. Both manufacturers have a number of styles and design options available, which allow you to pick a design that blends in with the decor of your home. Below are factors to think about when considering a traditional home elevator:

Type of Drive System:

The drive systems that are used for the home elevators we offer are:

  • geared counterweight
  • hydraulic
  • winding drum

The type of drive system that is utilized typically does not have a material effect on price.

The Number of Stops and Travel Distance:

The elevators that we install in homes serve 2 – 6 levels. The cost increases with each additional stop and travel distance. Up to 50 feet of travel is allowed by elevator code.

Car and Landing Configuration:

An elevator car can be designed with one door, opposite doors, or adjacent doors. However, it is the most cost-effective for each level to load on the same side of the car if possible. All doors installed by EHLS are built in compliance with the 3" x 5"  or 3/4" x 4" elevator safety rule. The rule selected will depend on the location of the installation and the client's preference.

Type of Gate and Doors:

EHLS offers a variety of car gate and landing door options. This includes accordion car gates with decorative solid panels or all-metal panels.

Also available are sliding commercial elevator-style car and landing doors.

Automated Options: the car and landing doors can be provided as fully automatic. This upgrade provides easy access for power chair users and wheelchair users.

Elevator Cab: Type of Finish:

There are a number of finish options available for the inside of the elevator cab, including melamine, wood veneer, glass, mirror, décor complimentary millwork and raised panel options.

Please call us now at (651) 462-3444 to get an accurate cost estimate on an elevator for your home and schedule your free in-home consultation.

We will be more than happy to help you get the most accurate price for the model and design that you are interested in. We can come to your home to provide a free assessment consultation or work with your architect’s plans.


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