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Week of June 5th - June 11th

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Adding more accessibility and increasing value

In my experience with transactions on the Monterey Peninsula, the topic of elevators often arises. It's not uncommon to find homes, even larger multi-level ones, in the area that were designed without an elevator and without designated space for one. When faced with the desire or necessity for an elevator in such cases, a creative approach becomes essential.

Adding an elevator to an existing residence can pose challenges, particularly when it comes to space constraints. However, Savaria, a reputable company with over 40 years of experience, offers a line of elevators that requires a much smaller footprint compared to regular ones. These elevators can fit into spaces as small as 50 inches in diameter.

Considering that many homeowners are opting to stay in their homes for longer periods, adding an elevator could be a worthwhile upgrade. Not only does it enhance convenience and accessibility, but it also expands the potential buyer pool when the time comes to sell. Homes equipped with elevators tend to attract a larger audience of prospective buyers. It could be worth evaluating this option to ensure that you are well-positioned for the present and future market trends, while also providing a valuable feature for your own enjoyment.

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Jonathan Balog

DRE# 01980970
Broker
M: 831.747.0310
[email protected]

Compass is a real estate broker licensed by the State of California operating under multiple entities. License Numbers 01991628, 1527235, 1527365, 1356742, 1443761, 1997075, 1935359, 1961027, 1842987, 1869607, 1866771, 1527205, 1079009, 1272467. All material is intended for informational purposes only and is compiled from sources deemed reliable but is subject to errors, omissions, changes in price, condition, sale, or withdrawal without notice. No statement is made as to the accuracy of any description or measurements (including square footage). This is not intended to solicit property already listed. No financial or legal advice provided. Equal Housing Opportunity. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions.

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Adding more accessibility and increasing value

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Jonathan Balog

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