The son of wealthy publisher Malcolm Forbes, Steve Forbes graduated from Princeton in 1970 and joined the family business, eventually becoming president and chief executive officer of its publisher, Forbes Inc. and editor-in-chief of Forbes Magazine.
1 The size and materials of the house will also be a factor for the price of lifting the house. 2  On average, the cost of lifting a home can be anywhere between $9,000 and $40,000. 3  The larger the home, the more expensive this process will be.
The national average to install an elevator or chairlift is $4,406, with most homeowners spending between $2,687 and $6,125. However, total cost can increase significantly depending on the location and type of home. A large hydraulic elevator hidden behind a wall can cost as much as $75,000. Multilevel homes can benefit from either option. They serve to increase the total value of the property and make it more accessible for residents.