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Assuming a conservative figure of USD 2,300 per crane hour, a difference of just one per cent in the total availability (reliability) of a crane will amount to a loss of following revenue to the operator: 3.65 days (1 % of 365 days) x 24 hours x USD 2,300 = USD 201,500 per year.
The national average to install an elevator or chairlift is $4,406, with most homeowners spending between $2,687 and $6,125. However, total cost can increase significantly depending on the location and type of home. A large hydraulic elevator hidden behind a wall can cost as much as $75,000. Multilevel homes can benefit from either option. They serve to increase the total value of the property and make it more accessible for residents.