Can A Home Lift Add Value To Your Property?
Installing a home lift can have lots of benefits whilst adding value to your property. Home lifts are especially useful for anyone who struggles with stairs. They are a much safer and more convenient option. Plus, they really do make your life easier. It’s no wonder that home lifts are becoming such a popular investment.
Convenience
A home lift does not just improve mobility it can help families too. Carrying heaving laundry baskets upstairs or the heavy cumbersome hoover can be quite irksome and labour intensive. It is much easier to just use a home lift to avoid straining yourself. Housework can be exhausting so its nice to have the option to use a home lift especially if you have a multi-storey building.
Future Proofing
When you find the perfect home it’s good to know you can stay in it longer because of improvements such as a Compact Step Lift. Adaptations like that help you continue to live independently. Many people will be willing to spend more on a property with a home lift as it is one way of “future proofing”. Then you hopefully don’t have to face the difficult decision of going into a nursing home.
Shortage of Specialist Housing
As we age its important our homes are more accessible. However, there is a real shortage of specialist housing for elderly people. So, the retirement market would certainly be willing to pay a premium for a home lift. Some say that home lifts can make a property worth an additional 25%, but you do have to factor in the cost of installing the lift.
Although considering we are an ageing population in the UK with people living longer and the over 65’s growing faster than any other age group means homes with modifications like a home lift may end up commanding a higher price. Bungalows are generally favoured by the elderly but with a national shortage of one-floor properties you have to widen your property search to consider multi-storey houses.
Design Feature
Depending on the type of lift you choose some can become a real feature for a property. A home lift is quite unique and interesting and would add to the attraction of the property. The lifts with clear panels can be quite striking and modern. Some companies give you lots of flexibility with materials and finishes so some home lifts are very bespoke. Home lifts like this have a wide appeal not just to the retirement market.