Similar to a one story home, a two story has pros and cons; however, many of these positive and negative elements are very dependent on your own personal preferences. Age, family dynamic, income, location, and more need to be taken into account when making this kind of decision.To get your mind thinking in that direction, consider some of the benefits to owning a two story house versus a single story house. #1 Price - Some of the most expensive elements of a home (foundation, rafters) can be averaged over a larger square footage on a smaller footprint, so the price per square foot on a two story home often goes down, making it a cheaper option in many cases. #2 Fuel efficiency - Generally energy costs drop with a two story house. This is because less outdoor walls and roof areas are exposed to weather. Also, heat rises, so if you put bedrooms upstairs, you won't need to crank the heat as high in the winter. #3 Plumbing - Two story homes are ...