Increase Property Value

You can immediately increase your building’s property value by assessing the state of your elevator and escalator equipment. Depending on the number of elevators or escalators, a building owner can save tens to hundreds of thousands of dollars by properly managing their equipment and their service provider.

As you know, elevators and escalators are critical for smooth building operation. Without them working property, or even looking aesthetically appealing, the value of a building can dip significantly.

The Elevator Consultants are here to help. We will audit your equipment and code compliance to provide improvement recommendations that will favorable impact your property value.

If you answer yes to any of these questions, you have the potential to immediately increase the value of your property:

  • Do you hear any odd noises?
  • Does the cab interior show signs of wear?
  • Are you waiting too long for the elevator to start?
  • Are you waiting after you hit the up/down button?
  • Is the pace slow to get from one floor to the next?
  • Does it jump when it’s going up or down?
  • Do the lights flicker?
  • Does it level unevenly?

To make further assessments, go to the machine room. Take a look into the pit and hoistway.

Be sure to observe and take notes on the following checklist items:

Impressions are worth a thousand words (not to mention, tens of thousands of dollars). If you observe noticeable levels of dirt or grime, your pit/hoistway needs a good cleaning. If your elevator equipment looks dirty, fear not! This problem can be remedied by simply cleaning the equipment.

Code Updates
There are always changes in the industry and elevator codes evolve in response. It is critical to make sure that all of your vertical transportation equipment code complaint. The Americans Disability Act (ADA) is a common missed code, in addition to numerous others that depend the building location and local authority.

Mechanically Sound
Reliable and safe equipment impacts property value. The equipment in the machine room, pit, and hoistway should all be clean and working and follow industry best practices and code compliance.

Maintenance Service Contracts
The service provider must be properly maintaining the equipment following a code compliant maintenance control program. You are paying to have the best service for your building and its tenants.