Buying a Stairlift May Be Cheaper Than Buying a One Level Home
, by Richard Spafford, 1 min reading time
, by Richard Spafford, 1 min reading time
Buying a stairlift is often cheaper than selling your current home and buying a one-floor home for a few reasons:
Cost: Installing a stairlift can be significantly less expensive than buying a new home or moving. The cost of a stairlift will depend on factors such as the length of the staircase, the type of stairlift, and any customization required, but it is often much cheaper than the costs associated with buying and selling a home.
Real Estate Fees: Selling a home involves a range of costs including real estate agent commissions, closing costs, and moving expenses. These costs can add up quickly and can make buying a new home more expensive than installing a stairlift.
Home Value: The value of your current home is an important factor to consider. If your home is highly valued in the real estate market, selling it may provide you with a significant amount of money that could be used to purchase a new home. However, if the real estate market is not favorable or if you have a sentimental attachment to your current home, installing a stairlift may be a better short-term solution.
Lifestyle: Finally, lifestyle is an important consideration. If you enjoy your current neighborhood and location and do not want to move, a stairlift may be a better option. However, if you are looking for a change of scenery or a more low-maintenance lifestyle, moving to a one-floor home may be a more appealing option.
Ultimately, whether you choose to install a stairlift or move to a one-floor home depends on your individual circumstances, preferences, and financial situation. However, for many people, buying a stairlift can be a more affordable and practical option for maintaining their independence and mobility in their own home.