The son of wealthy publisher Malcolm Forbes, Steve Forbes graduated from Princeton in 1970 and joined the family business, eventually becoming president and chief executive officer of its publisher, Forbes Inc. and editor-in-chief of Forbes Magazine.
1 The size and materials of the house will also be a factor for the price of lifting the house. 2  On average, the cost of lifting a home can be anywhere between $9,000 and $40,000. 3  The larger the home, the more expensive this process will be.
As a general rule, one full-body lift should be provided for approximately every eight to ten non-weight bearing residents and one stand-up lift should be provided for approximately every eight to ten partially-weight bearing residents. The average cost of a mechanical lift can vary from $3,000 to $6,000 per lift.The average cost for a ceiling-mounted lift is approximately $4,000 per room. An effective combination of both floor and ceiling lifts is generally accomÂ­plished with a $50,000 to $60,000 investment per 100 bed facility. 100-bed facility can expect to spend $25,000 to $30,000 on portable (not ceiling-mounted) mechanical lifts depending on how many residents in your facility require the use of a lift.