4 ms·
I live in an 8 floor building with two elevators that seem to break every other week...and yet despite that ongoing expense, our total HOA fees are less that $6
by saosebastiao 11y ago
I live in an 8 floor building with two elevators that seem to break every other week...and yet despite that ongoing expense, our total HOA fees are less that $600/yr. That is half of what I pay for a parking spot that needs no maintenance. Elevators aren't a ridiculous expense.
- Spooky23 11y agoA two-stop hydraulic elevator costs about $70k, depending on where you are. Maintenance is around $3k/year, plus about $500-900 in energy. If it's being appropriately maintained, a traction elevator like what is in an 8-story building can cost 2-5x more in annual maintenance.