Why are houses so expensive to build in Lagos?
In Lagos, many building materials are quite expensive to buy. You can buy a water closet for ₦35, 000 and this makes building a house look expensive. Workmanship connotes those that will get the job done in constructing and finishing the house.
How much does a 4-bedroom flat cost in Nigeria?
This is the next cost to estimate. You will require a professional architect to help with the planning design. For a typical 4-bedroom flat plan, the design usually costs anything between N50,000 and N400, 000 depending on the architect, complexity of the structure you want and the location.
Where can I buy building materials in Nigeria?
When considering locating your house near where you can easily buy building materials, always go for Lagos, Port Harcourt and their environs as they are located near seaports prices of materials will be cheap compared to far Kastina.
What are the challenges faced by house builders in Nigeria?
The major problem of building a house in Nigeria has been to erecting the structures near the road and which will follow by the taking down of the house on construction of road. This issue has been the agonizing challenge, house builders face in the country.
How much does it cost to build a 4-bedroom house in Nigeria?
On the average, based on the estimate above, you should expect to spend a total of anything between N13 million and N27 million for a standard 4-bedroom bungalow, although building the same in rural or developing areas in Nigeria can be on the cheaper side.Jul 17, 2021
How much does it cost to build a 2 bedroom house in Nigeria?
Breakdown Cost of building a 2 bedroom flat in Nigeria For our proposed project sample, the likely cost is #5,998,000 and this sufficiently adequate to cater for the complete construction of a 2 bedroom flat in Nigeria. The cost could also be cheaper due to location price variance and improvisation could come in handy.Oct 5, 2019
Is it cheaper to buy or build a house in Nigeria?
It may be cheaper is it cheaper to buy land and build a house in Nigeria? Well, it depends on certain factors. Building a home might be cheaper as most times developers have a quota of properties they need to sell off the plan in order to meet their finance and begin construction.Sep 25, 2017
How much does it cost to build a 3-bedroom house?
The average cost of building a 3-bedroom house is between $248,000 and $310,000, while the cost to build a 4-bedroom house about $388,000 to $465,000, and the cost to build a small 2-bed home is about $93,000 to $155,000.
How can I build a house with little money in Nigeria?
Cheapest Way to Build a House in Nigeria in 2022Get a Solid Land.Look for Discounts.Get the Right Contractor.Reuse Materials.Build Slowly.Keep It Simple and Small.Sell Used Materials.Choose to Hire.More items...
What is the price of cement in Nigeria?
In fact, a 50kg bag of cement in Lagos can cost as much as N200 more than the standard market price....Current prices of cement in Nigeria (as of today)Cement BrandRetail Price (per 50kg bag)Wholesale Price (600 bags)UNICEM₦3,850 – ₦4,100₦2,200,000 – ₦2,400,0006 more rows
Is it better to buy a house or build a house in Nigeria?
Building is relatively cheaper than buying: In most cities in Nigeria, especially across the south west and parts of Lagos mainland, it's very economical to build than buy. you can build a house from scratch with almost any amount and do it at your own pace, as the resources come.Feb 16, 2021
How can I build my own house in Nigeria?
Steps To Building A House In NigeriaWant to build a house? ... Make a realistic budget. ... Purchase a suitable plot of land (if you don't have one already) ... Hire an architect to produce a design. ... Get a more accurate estimate. ... Obtain building plan approval from government. ... Choosing the right builder, contractor or developer.More items...•Aug 26, 2019
Which is more expensive buying or building a house?
Is It Cheaper to Buy or Build a House? In 2020, the average cost to build a house was over $485,000. Meanwhile, the average cost to buy an existing single-family home was nearly $309,000. That means choosing to buy a pre-existing house instead of building a new one could save you $177,000!Sep 24, 2021
What is the cheapest type of house to build?
Ranch HomesRanch Homes A home with a simple and concise layout is the cheapest type of house to build. Ranch homes are typically single-story structures with attached garages. They're easy to find construction plans for and highly customizable, so you can find a home that fits your needs and budget.Sep 14, 2021
How much money do you need to build a house?
Average Cost To BuildNational Average$284,057Minimum$80,000Maximum$1,000,000Average Range$119,412 – $449,159Mar 11, 2022
How many bricks does it take to build a house?
How Many Bricks Do I Need? For a singular layer brick wall, multiply the length of the wall by the height to get the area. Multiply that area by 60 to get the number of bricks you should need, then add 10% for wastage. That's the short answer and assumes 'standard' brick and mortar sizes.Mar 13, 2019
How do building costs vary?
Building costs vary from building type to building type and even within the same category of buildings depending on the features included in the building and the quality of finish dictated by the taste of the property owner.
Does adding more stuff to a house increase the cost?
Every additional stuff you add to the building will increase the building costs. And the those little stuff could significantly increase the cost beyond what the cost of building a house in that category is. For instance, the cost of building a house with marble floor in all the rooms (including living room and dining area) ...
How to build a house in Nigeria?
How to Build a Cheap House in Nigeria. 1. Get a Solid Land. The type of land you choose to build on will make a big difference in your budget. Building in swampy areas would mean you will require more sand to fill the foundation, thereby costing you more money.
What are the factors that affect the cost of building a house in Nigeria?
While there are many factors that affect the cost of building a house in Nigeria, the main factor that should be considered is the cost of the building materials. Today, the cost of building materials like cement, plywood, iron rods, and granite are higher than they were a few years ago.
What kind of laborers are needed to build a house?
While building your house, you will require the services of labourers like plumbers, bricklayers, carpenters, electricians, painters, scaffolders and more. However, many labourers like bricklayers would function as carpenters and painters, saving you the cost of hiring extra hands. Also, ensure you are not hiring too many labourers to engage in ...
What does it mean to keep a house small?
Keeping a house small goes beyond forgoing extra bedrooms or multiple sitting rooms; it simply means reducing the size of the normal rooms you wish to have in the house. Reducing the sizes will cut costs on cement, sand, wood and many other building materials simultaneously. 7. Sell Used Materials.
Do you have to break the bank to build a house in Nigeria?
Fortunately, you don’t have to break the bank when building your house.
Is it cheaper to hire or purchase building materials?
Hiring some building materials could be a more affordable option than purchasing them. You can speak to the contractor or supplier about the possibility of hiring these materials and also compare the costs before making your choice.
Who should be the first person to consider when planning to build on a tight budget?
A contractor will handle and monitor the building process and should be the first person to consider when planning to build on a tight budget. While you might develop your own budget, estimations, and quotations yourself, you will require the contractor to make proper estimations.
What are the challenges of building an apartment?
One of the main challenges when planning to build an apartment is knowing where to start from and budgeting accordingly. It is essential to have an idea of how much is needed to complete the construction of a typical house to ensure a smooth construction process without serious hindrances.
Is building your own house a dream?
Building one’s own house is everyone’s dream. While some people have found a way to crack the challenges involved in the various processes of raising a structure, many people still have one or two challenges in this aspect.
What is a duplex house in Nigeria?
However, in Nigeria, what we refer to as a duplex house is a residential building comprising two floors.
Is a duplex house more expensive than a bungalow?
Duplex House Cons. More expensive: Building a duplex house costs more than building a bungalow. This is due to the additional cost of the decking, pillars, and beams as well as the staircase, all of which require generous amounts of concrete and steel reinforcements.
Is it expensive to build a duplex in Nigeria?
Building a duplex home is definitely no cakewalk. Apart from the fact that it requires more planning and groundworks than most other types of homes, it is considered to be significantly more expensive and, depending on the number of rooms, more technical. With a lot of people swinging more to building duplexes in Nigeria today, it is essential to take a look at the basic things required, including how much it costs to build a proper duplex.
Do duplex houses have balconies?
Good view: Most duplex houses have balconies on their top floors, and this allows for an easy view of the surroundings. From the balcony of a duplex house, you can clearly see what goes on within and outside the perimeter of the property.
Is a duplex more secure than a bungalow?
Security: A duplex is slightly more secure than a bungalow because all of a bungalow’s windows are within reach from the ground. This makes it easier for burglars or other criminals to break into a bungalow. But with a duplex, things would be a bit harder because reaching the windows of the top floor is not easy for criminals, and they can be easily sighted from the bedrooms while they are attempting to break into the property.
What is the first stage of construction?
This is the first stage of construction and it includes setting out, digging, concrete work, block laying, backfilling, and flooring as the processes in this stage. The cost of this stage differs regarding the soil condition.
What is the finishing stage of a house?
This stage includes plastering, wiring, plumbing, fixing of windows, doors, tiles, and other essentials. The cost here varies regarding the quality of materials you use. Below is an estimate for a very modest finishing.
How is the cost of drawing a building plan in Lagos determined?
The cost of drawing a building plan in Lagos from a registered professional is determined by some factors such as the type of building one intends to build.
What drawings are required for building approval in Nigeria?
In Nigeria, the major drawings required to be submitted for building approval permit are the architectural and the structural drawings, mechanical and electrical drawing may not be required in some cases. If you were to build a bungalow, you may be required to submit only the architectural drawings.
What drawings are needed for a house?
So in conclusion, irrespective of what type of house you plan to build, you will need Architectural drawing, mechanical drawing, and electrical drawing. The structural drawing is required for buildings that are more than a bungalow.
Why is knowing the cost of a project important?
It helps the owner to plan or budget financially on how to go about it before starting the project. That is, know the time frame, how and when to start, who to use for the project, and the best time to start.
Why is it important to take a cost-benefit approach before starting a construction project?
It helps to ascertain the cost of the whole project before diving into the construction itself. It has been proven to be the best approach to take before starting a building project, especially a huge project.
Why do you need to discuss the cost of a design?
Because every design is different so are their cost, in other to determine the actual cost of your design you may need to discuss with your architect (preferable registered architect) in detail so as to establish the actual cost.
Is a building plan only confined to architectural drawings?
Many times people tend to think that building plan drawings are only confined to architectural drawings alone. But that is not correct.