Can someone please share with me the cons of leaving in an estate.

Thanks in advance

In my opinion you would have a lot of maintenance fees to pay

delishpot:
In my opinion you would have a lot of maintenance fees to pay

Ya, this should be the major disadvantage.

delishpot:
In my opinion you would have a lot of maintenance fees to pay

Thanks!

Outside that, could there be more cons

4kings:

Ya, this should be the major disadvantage.

Re u talking from experience? If thats the major disadvantage, I did say its cool.

Thanks!

0b100100111:



Re u talking from experience? If thats the major disadvantage, I did say its cool.

Thanks!

Na not personal experience just knowledge.
Service fee in 1004 estate for example is around N300k per annum, other than that you enjoy serenity.

0b100100111:


Thanks!

Outside that, could there be more cons

You may be subject to rules and regulations governing tenants. You don't have a choice for who would be your neighbour. There are more people going in and out of the compound aka strangers. Some difficulty in making changes the way you want in the compound as you must get everyone to agree with your ideas. No privacy like you get from living in your own land.

4kings:

Na not personal experience just knowledge.
Service fee in 1004 estate for example is around N300k per annum, other than that you enjoy serenity.

That price is quite okay depending on what the fee covers.

delishpot:


That price is quite okay depending on what the fee covers.

Ya though, that's the only con i could think of.

4kings:

Ya though, that's the only con i could think of.

Yeah, it's not all that bad. Privacy is another major issue too.

delishpot:


Yeah, it's not all that bad. Privacy is another major issue too.

yep.. depending on the location it(privacy) might not really matter.
The "choosing your neighbor" point is kinda funny

4kings:

yep.. depending on the location it(privacy) might not really matter.
The "choosing your neighbor" point is kinda funny

ABI Na hahaha person no fit choose them o. But if privacy is not an issue then it is good. I know some states allow for detached buildings where owners can fence off their own homes. Not a bad idea at all.

Depending on the calibre of the estate & management, maintenance of the estate might be sub-par. And they do it at their leisure. Even after people have paid for it. E.g. drainage to avoid flooding. Privates estates o.

I have seen such cases on you-tube with landlord association people complaining. Around Lekki/Ajah axis.

With time, many government estates simply become dilapidated. Just see Festac & all those Gowon Estate & co.

4kings:

yep.. depending on the location it(privacy) might not really matter.
The "choosing your neighbor" point is kinda funny

Bro, the posts you've been sharing have been on point lol keep sending me good stuff

AreaFada2:
Depending on the calibre of the estate & management, maintenance of the estate might be sub-par. And they do it at their leisure. Even after people have paid for it. E.g. drainage to avoid flooding. Privates estates o.

I have seen such cases on you-tube with landlord association people complaining. Around Lekki/Ajah axis.

With time, many government estates simply become dilapidated. Just see Festac & all those Gowon Estate & co.

Thanks for the insight