This may involve adapting and improving accessibility in the home to tailor it to specific requirements. Some cost effect modifications that can create independence for your loved one and increase safety in your home are:
Straight stairlift: $3,000 – $5,000
Curved stairlift: $10,000 – $25,000
Porch lift: $5,000 – $10,000
Interior vertical lift: $10,000 – $25,000
Home elevator: $20,000 – $50,000
(above prices include installation)
Moving to a senior facility will involve a number of initial outlays plus the monthly living expenses shown in the table below which roughly compares independent living, assisted living and nursing homes.
Average cost of movers: $1,000 – $1,500 (2-3 bedrooms)
Average real estate fees for sale: 2.5% of the selling price
(e.g. $10,000 on a house of $500,000)
Average cost of retirement residence (monthly), assisted living or nursing home:
Independent living facility 1 or 2 bedroom apartment
Assisted living facility 1 bedroom, limited kitchen
|Monthly housing||$1,500 - $3,000||$2,500 - $4,000||$4,000 - $8,000|
|Meals||Optional (higher cost)||3+||3+|
Almost 100% of Canadians 65 years of age and older reported that they now planned on supporting themselves or their loved ones to live safely and independently in their own home as long as possible – National Institute on Ageing / TELUS Health Survey of 1,517 Canadians conducted in late July 2020. This may involve adapting and improving accessibility in the home to tailor it to specific requirements. Some cost effective modifications that can create independence for your loved one and increase safety in your home.
There are some simple tips to guide you for the installation requirement of a straight stair lift. Straight stair lifts are mounted to the stair treads, not the wall so your stairs cannot be in poor condition. If you have narrow stairs, as is often the case in older homes, look for a stair lift that is more compact – the Savaria K2 features the most narrow profile on the market making it ideal for narrow width staircases. Capacity is important. Stair lifts have maximum capacity ratings and you don’t want to push that limit, so be sure to review that specification.
Outdoor stair lifts are available, but generally speaking, stair lifts are not very happy to operate in cold climates making them rare for Northern climates such as the majority of Canada.
Thinking of doing your own installation? Not so fast. A stair lift is carrying you up and down stairs. Leave it to trained installers. We don’t sell self-install stair lifts and reputable companies agree on this point as a matter of personal safety. Installation usually takes only a two hours for a trained technician.