![]() While the type, location, and size of your hurricane- or tornado-safe room will significantly impact the overall price, additional cost factors can affect your total. Under-the-stairs safe rooms cost around $3,000–$5,000. ![]() Here are some at-home spaces for your safe room build:Ĭloset-safe rooms cost around $4,500–$6,000. Safe rooms-also called panic rooms-are typically built for your family to hide during a home invasion, but if your safe room is built with walls that can withstand hurricane-force winds, it can double as a storm shelter. If you want extra features like cameras or security, you’ll pay up to $15,000. The average cost to build a safe room in your home ranges from $3,000 to $10,000. If you’re claustrophobic, it might not be the best option. An under-bed storm shelter is ideal for homeowners without ample space or the budget for a larger storm shelter.Īn under-bed storm shelter can typically fit two people and meets Federal Emergency Management Agency (FEMA) requirements for EF5 tornadoes. Installing a storm shelter under a bed costs approximately $2,100 to $4,500. However, you have to be willing to give up square footage you might otherwise use for storage, a home gym, or a laundry room. Basements are ideal for an aboveground shelter because the basement is already underground. BasementĪboveground basement storm shelters cost between $6,000 and $15,000. You'll pay more for options with a staircase or one that'll hold more than eight people. Storm shelter prices under the garage floor range from $10,000 to $15,000. You can install an in-ground garage shelter if you pay to excavate beneath the garage. These tend to be smaller than other aboveground shelters because you're working with limited square footage. ![]() A storm shelter on a garage floor costs around $3,000 to $9,000. Garage storm shelters can be aboveground or in-ground. If your in-ground shelter floods, you may need to budget for water damage restoration costs and the cost of removing standing water. However, in-ground units are prone to flooding, meaning you’ll need to budget for land excavation costs, which are about $1,500 to $5,600. Opting for an in-ground unit also means you won’t take up any square footage within your home. In-ground units are more effective against extreme weather, as they’re more resistant to falling debris and strong winds. Underground storm shelter prices run between $4,200 and $30,000, with many homeowners installing in-ground shelters below their garage or in their yards. If you don't want to alter your landscaping, aboveground hurricane or tornado shelters may make more sense. In addition, they're more easily accessible for people with mobility challenges, less likely to have bugs, and ideal for properties with a high water table (locations that flood more easily). Though a basement is located underground, "aboveground" refers to the installation above a concrete surface.Īdvantages of an aboveground storm shelter are the lower cost and easier installation. ![]() Typically, an aboveground shelter costs between $2,600 and $15,000, with most aboveground shelters going in a garage or basement. Keep reading to find out more in-depth information about each type and which works best for your space. Your two main options are aboveground or in-ground (or underground). When installing a storm shelter, your largest choice-and largest cost factor-is determining where you'll put it. CFCU staff will be happy to help you.Ĭlick the link below to go to Communication Federal Credit Union's website and apply for a loan.Find hiring guides, material costs, expert advice, how-to's and more. Feel free to stop by any of our branches or call. We have locations across Oklahoma and Kansas. If you’re not a member and want to take advantage of this offer, open an account online or contact us for more information on opening a new account. We will work with you on the term for a payment that fits your budget. Payment Example: Based on a $3,500 loan at 2.74% APR. This is NOT an introductory rate 2.74% APR* will be your rate for the term of the loan. We currently offer homeowners storm shelter loans at 2.74% APR* for qualified borrowers. Ask for the best price on the shelter and apply for financing with a credit union you know and trust! Often, we can look at loans you have with other lenders, move them to CFCU and save you enough each month to offset the cost of your storm shelter payment. They inflate the cost of the shelter, rather than charging interest. CFCU offers a storm shelter program to help our members acquire the life-saving shelters that are so desperately needed. Don’t be fooled by other lenders or installers offering 0% storm shelter loans. Communication Federal Credit Union wants you and your family to have a safe, convenient location when storms are near.
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