Old Elevators That Hurt Property Value
Most property owners focus on curb appeal, updated interiors, and modern amenities. Elevators often get ignored until they break down or fail an inspection. That’s a costly mistake. An old or poorly performing elevator can quietly drag down property value, scare off buyers, and create daily frustration for tenants. In cities with dense buildings and multi-story properties, elevator condition is not optional—it’s a core part of how a building is judged. Buyers, tenants, inspectors, and lenders all notice when a lift system feels outdated or unreliable. In healthcare-related properties near imaging centers and clinics, this issue becomes even more visible. Facilities connected to services like MRI Miami rely on smooth, safe vertical movement for patients, staff, and equipment. When elevators struggle, confidence drops fast. This article breaks down how old elevators hurt property value, why buyers care more than ever, and what building owners can realistically do about it. Why Elevators...
