Elevator Modernization Costs 2023
Read on to learn more about elevator modernization costs. Average Costs: Range: $75,000 to $250,000 per elevator Factors affecting cost: Type of elevator: Hydraulic elevators tend to be cheaper to modernize than traction elevators. Scope of modernization: Basic upgrades like control systems and door operators are less expensive than comprehensive overhauls including cabins and motors. Building size and complexity: More…