As modern homeowners look for both comfort and convenience, features like home elevators are moving from luxury add-ons to strategic investments.
The demand for accessibility features has grown—especially among aging adults, multi-generational families, and luxury homebuyers.
If you’re wondering whether installing a home elevator is worth the cost, you’re not alone.
Buyers and investors alike are paying close attention to features that enhance both lifestyle and long-term value. In this blog, we’ll explore how home elevators impact property value, what real estate experts are saying, and which elevator types yield the best ROI.
The Growing Demand for Home Elevators
The real estate market is shifting, and accessibility is a major trend driving purchasing decisions. With a rising aging population, more people are investing in “aging in place” features to avoid future mobility issues. Residential elevators play a key role in this plan.
Multi-generational households are also on the rise. As families seek to accommodate grandparents, children, and even live-in caregivers, elevators are becoming essential—not just a luxury.
High-end buyers now expect elevators in multi-story homes. Just like spa bathrooms or chef’s kitchens, an elevator is seen as a status symbol and functional convenience.
Key Points:
- The aging-in-place trend is increasing demand for residential elevators.
- Elevators offer practical value for multi-generational homes.
- Upscale buyers view elevators as essential features.
How Home Elevators Affect Property Value
Home elevators are proven to increase resale value, especially in multi-story properties. When compared to traditional upgrades like kitchens or bathrooms, elevators offer an edge by expanding accessibility.
Because not all buyers can or want to deal with stairs, homes with elevators attract more attention and sell faster. Elevators also stand out in MLS listings and elevate the perceived quality of the property.
Think of a home elevator as a long-term investment—it future-proofs your home and creates a broader market appeal when it’s time to sell.
Key Points:
- Boosts property value similar to kitchen or bath remodels.
- Makes multi-story homes more marketable.
- Attracts mobility-conscious and luxury buyers.
4 Models To Choose From
Are you looking for an in-home elevator? Simply pick your favorite below to learn more.
PVE30 - Home Elevator
Single Passenger Residential Elevator
Space-Saving Solution
Exterior Diameter
30 Inches
(750 millimeters)
Maximum Weight
350 Pounds
Rated: 1 Person
Per Use
PVE37 - Home Elevator
Two Passenger Residential Elevator
Flexible & Dynamic Lift
Exterior Diameter
37 Inches
(933 millimeters)
Maximum Weight
450 Pounds
Rated: 2 People
Per Use
PVE52 - Home Elevator
Three Passenger Residential Elevator
Wheelchair Accessible Lift
Exterior Diameter
52 - 11/16 Inches
(1,316 millimeters)
Maximum Weight
525 Pounds
Rated: 3 People
Per Use
The Cube - Home Lift
Two Passenger Residential Elevator
Affordable Alternative To Stairs
Exterior Diameter
52 - 11/16 Inches
(1,316 millimeters)
Maximum Weight
450 Pounds
Rated: 2 People
Per Use
What Real Estate Agents and Appraisers Say
According to real estate agents, homes with elevators often receive more views, especially in markets catering to retirees or luxury buyers. Some agents even list an elevator as a headline feature to increase visibility.
Appraisers also consider elevators during home valuation. If installed properly and integrated with the home’s design, a residential elevator can add considerable value.
Elevator-equipped homes typically spend less time on the market, giving sellers a competitive edge.
Key Points:
- Elevator listings tend to generate more interest.
- Home appraisals reflect elevator upgrades when factored into square footage and design.
- Real estate professionals view them as value-adding features.
Elevator Types That Maximize Value
Not all elevators add the same value. Pneumatic vacuum elevators (PVEs) are a favorite for modern homes because they’re compact, energy-efficient, and don’t require a machine room.
Hydraulic elevators are smooth and reliable but may require more maintenance and space. Traction systems are great for taller homes or higher traffic.
Customization also impacts perceived value. Homeowners can choose from glass panels, ambient lighting, and finishes that blend with interior décor, creating a seamless look.
Key Points:
- Custom finishes increase aesthetic and resale appeal.
- PVEs offer energy savings and flexible installation.
- Hydraulic and traction systems suit larger or heavier-use homes.
Is a Home Elevator Right for You?
Looking to increase your home’s value while boosting comfort and accessibility?
A residential elevator might be the ideal solution. Whether you’re planning for the future or making your property stand out, installing an elevator is a smart investment.
Explore your elevator options here and discover how a custom system can transform your home and its market appeal.
FAQs
Do home elevators really boost resale value?
Yes. Homes with elevators often command higher prices and attract buyers seeking accessibility or luxury features.
Are home elevators worth the investment?
Absolutely. They improve daily living, support long-term planning, and appeal to a wider buyer base when selling.
What’s the ROI on a residential elevator?
While ROI varies, elevators can significantly increase value in multi-story homes, especially when combined with energy efficiency and smart design.