On average, a shaftless home elevator costs $22,000, fully installed. Prices can range from $18,500 to $27,500, depending on the model you select and how complicated the installation is.
Shaftless home elevators cost between $18,500 and $27,500, with the average homeowner paying $22,000 for full installation. A shaftless elevator model costs between $15,000 and $25,000, while labor ranges from $1,500 to $2,500. You may need to budget for additional costs, including site remodeling and prep, permits, and maintenance contracts.
A shaftless elevator is a residential elevator that allows users to go from one floor to another, without a true elevator shaft and mechanical room. They are small, causing minimal disruption to your home’s layout, and they are a great alternative to stair lifts for seniors who are aging in place.
Though they are smaller and less disruptive than other types of home elevators, shaftless elevators are still pricey. Expect to spend between $15,000 and $25,000 for the entire model. Most shaftless elevators cannot accommodate walkers or wheelchairs; if you need a roomier option, you’re looking at the high end of the cost range.
Labor costs for shaftless home elevator installation run between $1,500 and $2,500, depending on the complexity of the project and the number of days it takes (generally 3 to 5).
Though shaftless home elevators do not require a separate mechanical room, the installation is still complex. You should always hire a trusted elevator contractor near you to handle the installation. After all, incorrect installation can be fatal; always trust a pro for both the installation and ongoing maintenance and inspections.
Installing a shaftless home elevator may involve additional expenses, including the following:
Because of their smaller footprint, shaftless elevators are popular for retrofitting an existing home. But that often means some kind of slight reconfiguration of a room (on each floor). You may need to demolish walls, remodel a small space, and otherwise prep your home for this new feature.
That could mean hiring other contractors, such as:
If the project is large enough, you may consider hiring a general contractor to oversee the redesign of your home’s layout.
Installing a shaftless home elevator likely requires a permit. Ask your contractor who is responsible for obtaining the permit and if the cost is already baked into their quote.
When you install an elevator, you may be able to opt into an annual maintenance plan. These cost between $200 and $350 a year. These contracts cover routine maintenance, repairs, and, often, an annual inspection.
If you don’t have a maintenance plan, you can hire elevator contractors for assistance, or use our home elevator troubleshooting guide to see if you can pinpoint an issue on your own.
Any kind of elevator installation, whether it’s shaftless, cable-driven, hydraulic, or pneumatic, should be left to trained professionals who install home elevators. Incorrect installation can lead to malfunction, which could result in serious injury or death. The labor cost of a shaftless elevator is small compared to the cost of the model itself, and even for more complicated types of elevator installs, labor doesn’t typically surpass 25% of the project cost.
Installing a shaftless elevator in your home may require some remodeling before the project can begin. To accommodate the elevator, you may need to reconfigure the room's layout, knock down walls, move appliances, or relocate plumbing and electrical. Depending on the level of remodeling required, this can add significant costs to the installation.
After the elevator installation is complete, you may want to renovate the affected rooms a bit. This is a possible DIY project, as you’ll simply repaint walls and cabinets that might have been scuffed during installation, reinstall flooring, and, essentially, put the room back how it was before the installation, as best as you can. If you can’t DIY, don’t sweat it: Home renovation costs are low if they’re isolated to a small space.
Installing a shaftless home elevator is expensive, though it’s much cheaper than the typical elevator installation cost for other types of elevators, such as geared or gearless traction elevators, hydraulic elevators, and pneumatic elevators. That said, there are some ways you can keep costs down:
Choose a smaller model: You’ll pay more for the shaftless elevator if you want a roomier option, so shop for smaller models. However, if you need space for a wheelchair or walker, you’ll likely need to spring for the larger, more expensive options.
Install the elevator in a place that requires minimal disruption: Depending on where you install the elevator, you may need to do some major remodeling to make the layout work. Ask your contractor for some recommendations to keep costs down. Closet spaces are often the least disruptive for installs.
Shop for a used or refurbished model: Brand-new shaftless elevators have a hefty price tag, but you may be able to purchase previously owned models that have been removed from another home at a lower price.
Most homeowners are not typically looking for a shaftless home elevator when purchasing a home. In fact, a shaftless elevator, which can be an eyesore and take up valuable space, may be a deterrent for potential home buyers.
If you are selling a house with a shaftless home elevator, ask your real estate agent if it’s worth removing the elevator and doing a slight remodel to make the rooms more appealing.
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Unfortunately, Medicare does not pay for a home elevator. If you need a home elevator but cannot afford it, check your private long-term care insurance policy to see if it’s covered, or research nonprofit organizations and state assistance programs that may offer financial aid.
The main alternative to a shaftless home elevator is a stair lift. Other types of home elevators may also be an option, but they’re usually more expensive and disruptive than shaftless home elevators. Otherwise, those who find stairs challenging may want to consider moving to a home or apartment with only one floor.
Installing a shaftless home elevator typically takes between 3 and 5 days, depending on the elevator model and the site prep required. Plan more time for ordering the elevator and potential remodeling to prepare the ideal location for it.