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We spent $80,000 to install a new elevator in the old 2 story high school here, new construction off the end of the old building, no elevator previously.It was in two years until the new school was completed and they auctioned off the contents of the old school. Elevator sold for $1700.84. We spent $80,000 to install a new elevator in the old 2 story high school here, new construction off the end of the old building, no elevator previously. It was in two years until the new school was completed and they auctioned off the contents of the old school.
The installed cost of these units range from $65,000 to $75,000, depending on the location, and the trend right now is in a down cycle. This data is also very consistent with installed costs for similar elevator units in projects that we have designed in both Colorado and Texas.