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Nairaland Forum / Nairaland / General / Properties / Cost, Estimate For Building A 3bedroom Bungalow In Nigeria (Detailed Info) (61623 Views)
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Re: Cost, Estimate For Building A 3bedroom Bungalow In Nigeria (Detailed Info) by chemgee: 3:36pm On Sep 22, 2021 |
Re: Cost, Estimate For Building A 3bedroom Bungalow In Nigeria (Detailed Info) by azpekuliar: 3:37pm On Sep 22, 2021 |
Well, I don’t like bungalows. |
Re: Cost, Estimate For Building A 3bedroom Bungalow In Nigeria (Detailed Info) by gurunlocker: 3:37pm On Sep 22, 2021 |
This is 2021 and this is no longer valid under Buhari's Nigeria. 2 Likes |
Re: Cost, Estimate For Building A 3bedroom Bungalow In Nigeria (Detailed Info) by obonujoker(m): 3:40pm On Sep 22, 2021 |
Price of cement is now 3,500 |
Re: Cost, Estimate For Building A 3bedroom Bungalow In Nigeria (Detailed Info) by GreenArrow1(m): 3:40pm On Sep 22, 2021 |
gurunlocker: Exactly. Very invalid! 1 Like |
Re: Cost, Estimate For Building A 3bedroom Bungalow In Nigeria (Detailed Info) by Nobody: 3:45pm On Sep 22, 2021 |
[quote author=AsomArchitectNG post=73194426]Conclusion From the three cases, we can estimate a total of ₦8 million will go a long way in erecting a decent 3 bedroom bungalow if well managed. This is exclusive of furniture and exquisite finishing. Factoring in land cost of ₦2 million, this brings the total to ₦10 million. Does this mean you must have ₦10 million before building your house? Absolutely not. Building a house doesn’t have to be a sprint. The most important thing is starting and gradually building up. In one of the cases sampled, the owner started building with ₦500,000 about a year after buying the land. Start that project today and you could be a proud house owner before you know it. Kindly, note that these figures are not cast in stone but are to serve as a guide of what to expect. With careful planning, it is possible to spend a 7th of the total given. I hope you found this piece of information useful. And don't forget to ask your questions using the comment box below. Cc lalasticlala Many thanks 2 Likes |
Re: Cost, Estimate For Building A 3bedroom Bungalow In Nigeria (Detailed Info) by benuejosh: 3:45pm On Sep 22, 2021 |
AsomArchitectNG:Mr Asom I guess this is for Benue State |
Re: Cost, Estimate For Building A 3bedroom Bungalow In Nigeria (Detailed Info) by GreenArrow1(m): 3:47pm On Sep 22, 2021 |
Olayetan: Would be barely finished though. And that's if you are carrying out the building without professional help. Finishing also would be minimal. Use Skillion roof instead of heaped roof to save cost of roofing. Buy door and Windows from panteker (second hand market).c And this is assuming that you already purchased the land with other funds. Still, a very minimalist house, most likely unfinished but livable. 4 Likes 1 Share |
Re: Cost, Estimate For Building A 3bedroom Bungalow In Nigeria (Detailed Info) by saydfact(m): 3:49pm On Sep 22, 2021 |
2018 - 2021 The prices of materials has increased like x4 to x10. some of the information would still be valid thou, like quantities why prices has changed..... great work 3 Likes |
Re: Cost, Estimate For Building A 3bedroom Bungalow In Nigeria (Detailed Info) by talk2maurice(m): 3:50pm On Sep 22, 2021 |
Aufbauh: Why not you give your own than to condemn other people's own. 5 Likes |
Re: Cost, Estimate For Building A 3bedroom Bungalow In Nigeria (Detailed Info) by Rastaramsey(m): 3:52pm On Sep 22, 2021 |
This one just dey enter fp |
Re: Cost, Estimate For Building A 3bedroom Bungalow In Nigeria (Detailed Info) by ojasweb(m): 3:56pm On Sep 22, 2021 |
The estimate for the current market reality is different. I am 90% done with my ongoing project and i have exceeded 13M. You can see the progress here https://www.nairaland.com/6744668/construction-3-bedroom-bungalow-badagry 2 Likes |
Re: Cost, Estimate For Building A 3bedroom Bungalow In Nigeria (Detailed Info) by seyz91(m): 3:57pm On Sep 22, 2021 |
You said my mind Almost every of his analysis is wrong here Unless ofcourse he don add the contractor gains which is too much sef Aufbauh: |
Re: Cost, Estimate For Building A 3bedroom Bungalow In Nigeria (Detailed Info) by MeghaneMorgane(f): 3:59pm On Sep 22, 2021 |
My friend in Oyo state has spent over 18m do far. She said with the way she is looking at it, the final cost will be 25m. The reason why it’s that expensive is because of cost of building materials 4 Likes |
Re: Cost, Estimate For Building A 3bedroom Bungalow In Nigeria (Detailed Info) by Adronhomestaff: 4:01pm On Sep 22, 2021 |
Ok |
Re: Cost, Estimate For Building A 3bedroom Bungalow In Nigeria (Detailed Info) by Okika123(m): 4:01pm On Sep 22, 2021 |
The price of all this has increased drastically |
Re: Cost, Estimate For Building A 3bedroom Bungalow In Nigeria (Detailed Info) by aniblue(m): 4:01pm On Sep 22, 2021 |
This will go along way .... Thanks for the info |
Re: Cost, Estimate For Building A 3bedroom Bungalow In Nigeria (Detailed Info) by philiancoop(m): 4:04pm On Sep 22, 2021 |
These are old prices from 2018 |
Re: Cost, Estimate For Building A 3bedroom Bungalow In Nigeria (Detailed Info) by AloneTK: 4:05pm On Sep 22, 2021 |
While I believe that the figures quoted are way below what is obtainable presently, the crucial thing is knowing what you want and what you can afford based on your finances. The reality is that you may have to spend more than that to get the house completed, but I'd say "Start from somewhere, no matter how small" 1 Like |
Re: Cost, Estimate For Building A 3bedroom Bungalow In Nigeria (Detailed Info) by Nigerfine3: 4:22pm On Sep 22, 2021 |
This thread needs to be closed and new one made to reflect the reality of today |
Re: Cost, Estimate For Building A 3bedroom Bungalow In Nigeria (Detailed Info) by princejones(m): 4:33pm On Sep 22, 2021 |
Following
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Re: Cost, Estimate For Building A 3bedroom Bungalow In Nigeria (Detailed Info) by zeenaman: 4:34pm On Sep 22, 2021 |
I like this thread already |
Re: Cost, Estimate For Building A 3bedroom Bungalow In Nigeria (Detailed Info) by ojasweb(m): 4:37pm On Sep 22, 2021 |
AloneTK: Not "MAY". The reality is that you will spend more, unless it's not a standard construction. 3 weeks ago i went to buy white cement. I bought the first bag at 6000 Naira. A week later the price jump to 10,000 Naira. In 2018 when i was working on a project, i bought 12mm iron at the rate of 2100 Naira. Now it's between 4300 - 4700. When i started my ongoing project this time last year, i bought a bag of cement at the rate of 2600 Naira. Today am buying it at the rate of 3,700 Naira. So, the reality is quite different. 4 Likes |
Re: Cost, Estimate For Building A 3bedroom Bungalow In Nigeria (Detailed Info) by amuwo1980: 4:37pm On Sep 22, 2021 |
Can some one give us an updated version |
Re: Cost, Estimate For Building A 3bedroom Bungalow In Nigeria (Detailed Info) by djfreegospel(m): 4:38pm On Sep 22, 2021 |
Good day! Am a real estate agent. Where exactly do you to buy land? AsomArchitectNG: |
Re: Cost, Estimate For Building A 3bedroom Bungalow In Nigeria (Detailed Info) by Topleague(m): 4:39pm On Sep 22, 2021 |
good estimation and nice write up |
Re: Cost, Estimate For Building A 3bedroom Bungalow In Nigeria (Detailed Info) by BIGGIE121(m): 4:43pm On Sep 22, 2021 |
Nice one |
Re: Cost, Estimate For Building A 3bedroom Bungalow In Nigeria (Detailed Info) by Psoul(m): 4:47pm On Sep 22, 2021 |
AsomArchitectNG: Where is ur location and how can one contact you? |
Re: Cost, Estimate For Building A 3bedroom Bungalow In Nigeria (Detailed Info) by anyilalaz: 4:50pm On Sep 22, 2021 |
AsomArchitectNG: How the hell did someone moved this to front page? For Pete sake, we are in 2021 not 2018. Time and cost have overtaken the whole issue. 1 Like |
Re: Cost, Estimate For Building A 3bedroom Bungalow In Nigeria (Detailed Info) by Perfecttouchade: 4:54pm On Sep 22, 2021 |
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Re: Cost, Estimate For Building A 3bedroom Bungalow In Nigeria (Detailed Info) by Nobody: 4:56pm On Sep 22, 2021 |
I epe Lagos, a land in a decent area is N2.5million, building can cost from N8MILLION to 15million depending on taste and finishing. |
Re: Cost, Estimate For Building A 3bedroom Bungalow In Nigeria (Detailed Info) by Oyinlomobambam(m): 4:58pm On Sep 22, 2021 |
Please update the latest price |
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