Two-stop elevator costs: budget and installation advice

31-10-2026

A home that only needs travel between two floors can still benefit from an elevator. The cost of an elevator travelling one storey depends on the equipment, floor plan and installation scope. In addition to the elevator price, homeowners need to budget for construction and finishing. In this article, Viet Chao explains each cost before you choose an option.

What does an elevator travelling one storey mean?

“An elevator for one storey” is a common way of describing travel from one floor to the next. If passengers board on the ground floor and leave on the first floor, the system has two stops. When requesting a quotation, provide the building height as well as the number of floors. This information determines the travel distance, number of landing door assemblies and suitable equipment configuration.

Diagram of an elevator serving the ground and first floors with two stops
Diagram of an elevator serving the ground and first floors with two stops

How much does a two-stop elevator cost?

There is no single price for every two-stop elevator. Even with a short travel distance, prices vary with the model, rated load, car dimensions, door style and interior. For an initial budget, refer to the following Shanghai Mitsubishi prices by rated-load group.

Shanghai Mitsubishi rated-load groupIndicative price
350–450 kgVND 600–850 million
550–630 kgVND 750–980 million

Note: These are indicative product-group prices, not quotations specifically for two-stop elevators. Available rated loads and actual prices must be confirmed for the model, building conditions and contractual scope.

Do not treat the lowest price in the table as the total finished-project budget. A quotation should clarify whether equipment, transport, installation, tax and construction work are included.

Related reading: imported elevator prices — review product groups and the factors affecting prices.

Read more: Elevator consulting and design | Plan equipment selection and investment for the actual building.

What does the total installation cost include?

The installation budget should separate equipment costs from construction and finishing. In a new building, these items can be coordinated at the drawing stage. In an existing home, creating space for the elevator, addressing structural work and connecting circulation routes can significantly change the total cost. The table below helps you check a quotation before signing a contract.

ItemWhat to clarify
Elevator equipmentModel, rated load, speed, car, door style, number of stops and options.
Transport and installationDelivery location, staging conditions, moving equipment to the installation position and labour.
Elevator shaftStructural solution, dimensions, enclosure materials and construction responsibilities.
Pit and shaft overheadEquipment requirements, waterproofing and maintenance conditions.
Power supplySupply type, cables, earthing and electrical work according to the design.
Landing door finishesCladding around doorways, adjacent flooring and related architectural finishing.
Inspection and handoverScope, documents and the party responsible for costs under the contract.
Taxes and after-sales servicesTaxes included in the price; services after handover such as warranty, maintenance, technical support, repairs and replacement parts. State the periods, free-service scope and separately charged items in the contract.

For Shanghai Mitsubishi elevators, Viet Chao offers a warranty of up to 10 years, providing additional peace of mind for long-term investment and use. The period, applicable conditions and coverage must be confirmed in the contract.

Ask each party to state its responsibilities clearly. A lower equipment quotation does not necessarily mean a lower total budget if many items must be contracted separately.

Read more: Home elevator installation cost | Break down the budget and limit unexpected expenses.

Diagram of four cost categories to check when estimating elevator installation
Diagram of four cost categories to check when estimating elevator installation

Why does the price not fall in proportion to the number of floors?

Even with only two stops, an elevator is a complete equipment system that needs all the components required for operation and safety. The car, traction machine, controller and safety equipment must still be provided according to the design. Within the same product range and basic configuration, the items that mainly change with travel distance are the number of landing door assemblies, guide rail length, cables and related materials. Halving the number of stops therefore does not mean halving the price.

To establish the actual difference, ask for comparisons using the same model, rated load, interior and construction scope. This identifies the savings from fewer stops rather than comparing quotations that differ in both equipment and work included.

Technical team working in an elevator doorway area
Technical team working in an elevator doorway area

When should a home install an elevator for travel between two floors?

The decision should start with usage needs, not just the height of the house. Even between two floors, an elevator can be valuable when family members find stairs difficult or regularly carry items. Homeowners can consider it in the following situations:

  • Older people or people with limited mobility: Reduce repeated stair use during the day and make upper-floor rooms easier to reach.
  • Living spaces split between two floors: Bedrooms, living rooms or shared spaces are at different levels.
  • Frequent movement of items between floors: Choose a rated load, car and entrance suitable for passengers and the items transported.
  • Preparing for long-term needs: Consider possible changes in health, passenger numbers and future room arrangements.
  • A home combined with business premises: Assess circulation, usage frequency and users before choosing equipment.

If the purpose is only to lift goods, the equipment option needs a separate assessment. Do not carry people in a lift designed only for goods.

Read more: Elevators for older people | Choose an option suited to long-term usage needs.

How should you choose the rated load and installation location?

Rated load should be selected together with car dimensions, clear door opening and access. A car that accommodates the expected passenger count may not suit a wheelchair or frequently transported items. The location must also connect both floors conveniently and meet structural and equipment requirements. Check the following together before finalizing a layout.

ItemWhat should be checked?
Usage needsHow many family members will use the elevator, and how often? Will it mainly carry people or also frequently move heavy items? These details help determine a suitable rated load.
CarWould you prefer a spacious car or a smaller installation footprint? Car area must match the rated load and permitted design; a small rated load cannot be selected and the car arbitrarily enlarged. If more space is needed, consider car dimensions and rated load together.
Elevator doorWhen fully open, is the clear entrance wide enough for users, wheelchairs or belongings? Choose an opening style suited to the space and check the area before the entrance.
Lobbies on both floorsIs there enough room to wait, enter, exit and turn? Routes from the door to the rooms should be convenient and clear of room doors, furniture and main circulation paths.
ShaftDoes the internal clear space suit the proposed equipment? Include surrounding walls or framing to establish the finished footprint and check the load-bearing structure.
Pit and OHThe pit is the technical space beneath the elevator; OH is the height from the top landing floor to the shaft ceiling. The surveyor needs to check the foundations, available pit space and overhead height to select a suitable model.
Electrical supplyEstablish whether the elevator uses single-phase or three-phase power. Homes commonly have single-phase supplies. If the equipment requires three-phase power that is not available, the homeowner must work with the electricity provider on the supply application and prepare wiring according to the design.

For renovation projects, do not independently cut floors or beams or alter stairs to make space. The designer and equipment supplier should carry out a coordinated survey before deciding on construction work.

Illustration of a technician surveying elevator access in a home
Illustration of a technician surveying elevator access in a home

What information is needed for a realistic quotation?

Complete input information helps the supplier choose an option close to your needs and limits repeated revisions. If drawings are unavailable, start with site photos, preliminary dimensions and a description of use. Send the following with a quotation request:

  • Building address and whether it is a new-build or renovation project.
  • Floors to be served, number of stops and floor-to-floor heights.
  • Floor plan or photos of the proposed elevator location.
  • Dimensions of the existing space and conditions above and below it.
  • Number of users and any wheelchair or goods-moving requirements.
  • Preferences for car and door materials and shaft enclosure appearance.
  • Expected construction and handover dates.
  • The scope you want the elevator supplier to handle.

When reviewing a proposal, compare the drawings with the quotation and work schedule. Dimensions found online offer only an initial guide; they do not replace confirmed drawings for the building.

Viet Chao technician surveying and recording the existing elevator shaft conditions
Viet Chao technician surveying and recording the existing elevator shaft conditions

Frequently asked questions

Can an elevator be installed in a home with only a ground floor and one upper floor?

It can be considered if the equipment and building conditions are suitable. The supplier must check the floor plan, travel distance, pit, OH, structure and power supply before confirming an option.

Does a two-stop elevator cost half as much as a four-stop elevator?

The price cannot be calculated in that proportion. Many core components are still required in full; the difference must be established within the same equipment range and supply scope.

What must be checked before installing an elevator in an existing home?

Check the shaft position, structure, pit feasibility, overhead height, access and electrical supply. A survey should take place before altering existing floors, beams or stairs.

Does the elevator quotation include the shaft and power supply?

Do not assume they are included. Read the work schedule, exclusions and responsibilities of each party in the quotation and contract.

Viet Chao advises on elevators for low-rise homes

For a low-rise home, the right option should meet mobility needs and site conditions within the planned budget. Compare the total finished-project cost rather than choosing solely by equipment price. Establishing the number of stops, dimensions and construction scope at the outset helps limit unexpected expenses.

With 22 years of experience in the elevator industry, Viet Chao provides consulting, supply, installation and maintenance solutions nationwide. Experience implementing Shanghai Mitsubishi elevators in homes and many other building types helps the team coordinate equipment selection with actual construction conditions. Send site photos, floor plans and the floors to be served via hotline 0898 55 28 88 for advice on a suitable solution and budget.

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