bsonenterprise:
It depends on the fluctuation of the price of building materials in the market. Last year, i was doing finishing for a two storey project in PH, and while the client was still wasting time, cement went from 1550 to 2300. That alone pushed the cost of the plastering from 2.6 to 3.15
Building right now is dependent on cost of materials. Cement, planks, iron, blocks, sands and granite now have higher prices, and for engineers like myself, no idea when this will go down or if it ever will.
For five bedroom, the rough estimate from foundation to roofing is broken down as follows...
Approval for building in mainland Lagos, 250k, island 500k
Foundation plus casting, OMo onile cash, labor and laying of blocks = 600k if more..
Materials 1st stage, 4000 6x6 blocks including fencing plus cost of gate... Blocks sells now at 150 that's 600k, plus cement (60 bags) totals 150k, don't forget sands,stones,steel and planks plus labor. Another rough 500k. Total is roughly 1.5m plus labour.
Then roofing. I did one for a three bedroom recently, you can visit jonnytech at abule eggs to get a quote for your roof, don't go to towers, their price is insane, but the quality is the best. The roof I did was a step tiles aluminum roofing and it swallowed 900k.
Now finishing, that one depends on your taste. For a five bedroom, you need soakaway, parking lot, tiles, ceiling, good kitchen work, POP, wall screding, wardrobes, etc... Book like 2million.
And don't forget your borehole...pray your land is not on some rocky land because you might have to pay close to 500k if it is.

Now You See, you need roughly 5-6 million. And I hope you are not building at lekki coz you will for sure need double the amount.

At OP I'm not scaring you, building right now is expensive but it's worth having your house than living a fake life style and paying your rude and annoying land lord yearly. God will bless you. You can pm me if you need more advice.

titiloyeblog:
Just visit http://www.titiloyeblog.com/2017/03/get-your-properties-at-ease-photos.html for more updates


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2). 5 Bedroom Detached House with BQ in Off Banana Road, Ikoyi @ N320million

3). An Acre of Land Measuring 4259.382Sqm at Ilaje, off Mobil Road, Lekki Ikota - Lagos.
TTITLE: Gov. Consent.
PRICE: N100million (NOT NEGOTIABLE)

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Lekki1 @ N240million

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TITLE: Certificate of Occupancy
PRICE: N900million Naira
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amanikondo:
You will build a one bedroom Mud house with your budget.

babyfaceafrica:
Depending on location,you may only buy a plot of land or build a mansion.If its is Lagos,that money no buy land self,talkless of build house,if na interior Ogun like ogijo,mowe ,asese and matogun that money will go far in building three bedroom.if na abuja..forget it,use your money to buy fura.go places like aba,osun ,Enugu sokoto and places not conjested

Negotiate:
not sure 2m can deal... maybe 4m

bsonenterprise:
It depends on the fluctuation of the price of building materials in the market. Last year, i was doing finishing for a two storey project in PH, and while the client was still wasting time, cement went from 1550 to 2300. That alone pushed the cost of the plastering from 2.6 to 3.15
Building right now is dependent on cost of materials. Cement, planks, iron, blocks, sands and granite now have higher prices, and for engineers like myself, no idea when this will go down or if it ever will.
For five bedroom, the rough estimate from foundation to roofing is broken down as follows...
Approval for building in mainland Lagos, 250k, island 500k
Foundation plus casting, OMo onile cash, labor and laying of blocks = 600k if more..
Materials 1st stage, 4000 6x6 blocks including fencing plus cost of gate... Blocks sells now at 150 that's 600k, plus cement (60 bags) totals 150k, don't forget sands,stones,steel and planks plus labor. Another rough 500k. Total is roughly 1.5m plus labour.
Then roofing. I did one for a three bedroom recently, you can visit jonnytech at abule eggs to get a quote for your roof, don't go to towers, their price is insane, but the quality is the best. The roof I did was a step tiles aluminum roofing and it swallowed 900k.
Now finishing, that one depends on your taste. For a five bedroom, you need soakaway, parking lot, tiles, ceiling, good kitchen work, POP, wall screding, wardrobes, etc... Book like 2million.
And don't forget your borehole...pray your land is not on some rocky land because you might have to pay close to 500k if it is.

Now You See, you need roughly 5-6 million. And I hope you are not building at lekki coz you will for sure need double the amount.

At OP I'm not scaring you, building right now is expensive but it's worth having your house than living a fake life style and paying your rude and annoying land lord yearly. God will bless you. You can pm me if you need more advice.

erenax:
I have a budget of 2 million naira.. How much does it cost to build a 5 - bedroom flat??

erenax:
I have a budget of 2 million naira.. How much does it cost to build a 5 - bedroom flat??

hope4life:


From my personal observation so far, excluding the cost of the land and preliminary expenses such as survey, bush entry, tout settlement, association settlement depending on the area, budget 1m for one bedroom flat. So going by that postulation, 5bedroim flat will cost you nothing less than #5m in a semi urban area using corrugated roofing sheet not the modern one. But don't let the cost frighten you. My advice is start from somewhere at a time you lose count of the amount talking from experience depending on your taste. Goodluck

danemenike:
Everyone is suddenly a builder and a quantity surveyor. How we unprofessionally come up with these estimates amazes me. I have built many houses and still building houses for several clients on Nairaland here, I'll never give an estimate without considering the following factors;
Building plan
Site Location
Type of soil
Cost of labour in that area
Cost of supervision
Cost of building material in that area e.t.c
The cost of the house I built in Lekki-Ajah was different from that which I built in Enugu. Similar building, different cost. Ajah was swampy whilst Enugu was very dry. In order to give you a proper estimate, you need to state the aforementioned factors. I wish you good speed.

Engr.Daniel (07037629947)
TerraStone Construction

bsonenterprise:
It depends on the fluctuation of the price of building materials in the market. Last year, i was doing finishing for a two storey project in PH, and while the client was still wasting time, cement went from 1550 to 2300. That alone pushed the cost of the plastering from 2.6 to 3.15
Building right now is dependent on cost of materials. Cement, planks, iron, blocks, sands and granite now have higher prices, and for engineers like myself, no idea when this will go down or if it ever will.
For five bedroom, the rough estimate from foundation to roofing is broken down as follows...
Approval for building in mainland Lagos, 250k, island 500k
Foundation plus casting, OMo onile cash, labor and laying of blocks = 600k if more..
Materials 1st stage, 4000 6x6 blocks including fencing plus cost of gate... Blocks sells now at 150 that's 600k, plus cement (60 bags) totals 150k, don't forget sands,stones,steel and planks plus labor. Another rough 500k. Total is roughly 1.5m plus labour.
Then roofing. I did one for a three bedroom recently, you can visit jonnytech at abule eggs to get a quote for your roof, don't go to towers, their price is insane, but the quality is the best. The roof I did was a step tiles aluminum roofing and it swallowed 900k.
Now finishing, that one depends on your taste. For a five bedroom, you need soakaway, parking lot, tiles, ceiling, good kitchen work, POP, wall screding, wardrobes, etc... Book like 2million.
And don't forget your borehole...pray your land is not on some rocky land because you might have to pay close to 500k if it is.

Now You See, you need roughly 5-6 million. And I hope you are not building at lekki coz you will for sure need double the amount.

At OP I'm not scaring you, building right now is expensive but it's worth having your house than living a fake life style and paying your rude and annoying land lord yearly. God will bless you. You can pm me if you need more advice.

Goldenheart:
It will cost you approximately

N31, 804, 342, 091








In case you need the break down....

amliftedhigher:
I spent 6m building 4 bedroom bungalow so you should have at least 4.5m depending on the design you want

cashdosh:
I just completed my 5 bedroom bungalow at mowe and spent above my initial budget of 10m including Furniture's. I've got taste and could share some pictures with if you want me to. Just budget 15m because cement is now selling for 2700

Amajerry83:
You need 20m