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Nairaland Forum / Nairaland / General / Properties / Buying Or Building A House.. Which Is Better? (14429 Views)
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Re: Buying Or Building A House.. Which Is Better? by lonelydora: 7:43am On Apr 19, 2017 |
I prefer buying a house than building one. There are so many troubles with building a house ranging firm Local Government to Omonile, etc 1 Like |
Re: Buying Or Building A House.. Which Is Better? by Juliearth(f): 7:48am On Apr 19, 2017 |
Building from the scratch is better. You'd safe more money,and the design and finishing would be done to suit your taste and needs. |
Re: Buying Or Building A House.. Which Is Better? by Nobody: 7:54am On Apr 19, 2017 |
Semi and fully detached five (5), four (4) and two (2) bedroom duplexes with all rooms ensuite and BQ, are up for sale. Faculties: Gym, swimming pool and event centre. Location: Lekki, Lagos. Flexible payment options available. Call/WhatsApp: +2348138718647; +2348023480776 Info@naijapropertiesonline.com www.naijapropertiesonline.com/listings/2nd-toll-gate-ochid-hotel-road-eleganza/
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Re: Buying Or Building A House.. Which Is Better? by zinnywonders(f): 7:56am On Apr 19, 2017 |
Buying a building with a good foundation is better but with what is happening in the World today, I'll prefer building my own house. From my experience so far about buildings.... Hoha! I still maintain the fact that building ur own house is the best option cos I wouldn't want to suffer or be accused of what I know nothing about.....My sincere opnion though. Udo diri ndi choro udo oooo!!! 1 Like |
Re: Buying Or Building A House.. Which Is Better? by Nobody: 8:02am On Apr 19, 2017 |
PropertiesNaija: |
Re: Buying Or Building A House.. Which Is Better? by miketayo(m): 8:17am On Apr 19, 2017 |
femiranking28: Does it come with millions in it |
Re: Buying Or Building A House.. Which Is Better? by princejones(m): 8:26am On Apr 19, 2017 |
Following, nice thread
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Re: Buying Or Building A House.. Which Is Better? by Nobody: 8:43am On Apr 19, 2017 |
It is subjective. |
Re: Buying Or Building A House.. Which Is Better? by saydfact(m): 9:16am On Apr 19, 2017 |
PropertiesNaija: 1. RISK INVOLVED IN THE CONSTRUCTION OF NEW PROJECT A building that’s being erected can collapse in the course of its construction if adequate care is not taken. Poor workmanship can ruin a new structural piece that’s in the offing especially if you are not at liberty to personally inspect your building project due to a busy schedule. Albeit a house that’s already standing and is up for sale as at least scaled the hurdle of construction and may hopefully stand for the entire period you live in the property. Your point here shd be the other way round - The purchased building has the higher risk, you can control quality of what you build (get profs on and ensure you buy the right materials) - but you cannot ascertain if the building you're purchasing was done with quality and right cement mix. Plus a building wont collapse overnight - it takes years. 2. ABSENCE FROM THE CONSTRUCTION SITE However there is another angle to the above, which is the fact that you may not be privy to information as to the manner a new building that’s up for sale came to existence. That is to say in the event that a shoddy work was done on the property you acquired then you may just have lost the property before you even start to enjoy the dividends of your investment. An already built house won’t offer the luxury an on-going project offers you in terms of inspection of the work that’s been carried out. It ensures you guard against the use of sub-standard materials which basically leads to structural deformation. since you typed this; you didnt have to type no1 above as an advantage. 3. BUILDING TO YOUR OWN TASTE When you are constructing a fresh building you have a picture of how your house would look like. A new building project under construction offers you the opportunity of designing your house to your taste and loving every bit of it. Because a plan was arched prior to its construction you would love the house even before it formally comes to life. On the other hand, with a fresh house you can achieve little or nothing with changing or remodeling and even if you try to remodel, it will only mean extra bucks! GBAM On Point !!! 4. POOR WORKMANSHIP Poor workmanship from a bad contractor can make that new house you are building a disaster. However you can spot a haphazardly built and designed house and avoid it when you want to buy one. I TOTALLY DISAGREE - Set up blockworks with poor quality blocks, columns with 12mm instead of 16mm and above, plaster them and paint with the best paint in the market - HOW DOES THE BUYER KNOW THE BLOCKS WERE SUB-STANDARD OR THE COLUMNS ARE UNDER-REINFORCED? But when you're building, all you need is get a professional with integrity not just anyone and you're assured. THE MAN BUILDING WITH THE PURPOSE OF SELLING IS ONLY THINKING ABOUT PROFIT MOST TIMES - offcourse their are those with integrity too but EVEN LEKKI GARDENS with all the HYPE was cutting corners... and that was THE NO1 BUILDER IN LEKKI AXIS. 5. A FRESHLY BOUGHT HOUSE OFFERS VARIETIES Fresh houses that are up for sale offers you a pool of choices. You can choose from a variety of what the market begets, in your preferred location depending on how fat your pocket is. Unlike a house you have to erect; once your building stands you are left with no choice anymore. Too bad if you made bad choices or opted for wrong options in your design and the final outcome becomes a nightmare. lol.... THE ACTUAL CHOICE IS YOU TELLING THE ARCHITECT, "my living room shd be this or that" - i want 5 toilets, i want a study NOT you pcking from what is available ... designing gives you an uncountable choice; buying gives you limited choice from what is available. 6. APPROVAL PROBLEMS Building in Nigeria comes with its challenges especially in recent times. Quite a number of people meet huge brick walls when seeking and getting approvals for their building projects and one of them is the town planning permits/government allocation. You may encounter problems getting approval for your building project, nonetheless an already built one is most likely approved, so you don’t need to bother yourself about the town planning authority. When it comes to this, buying a house is usually the best alternative. WHAT TROUBLES PLS? IF THE BUILT ONE WENT AND SUCCEEDED WITH THE APPROVAL THEN YOU BUILDING WLD GO THROUGH AS WELL... this point is non-existence. pls 7. COST Building a house afresh is most likely going to cost you less especially if well managed while buying one from an agent/real estate person will cost more because those that build also expect huge returns for their project. Cost depends on taste.... whether building afresh or buying.... There are storey building sold for 50million and people have built bungalows for 100million 8. STRESS The stress and pressure that comes with erecting your own house is enormous. If you are not the type that can cope with the rigours of building projects then buying an already built house is the answer. It saves you the stress of monitoring your building project the entire period… ON POINT - STRESS IS MUCH AND NOT MANY CAN HANDLE IT. 9. PERSEVERANCE Building a house takes a lot of time and effort. If you are someone who doesn’t like to wait or you are not a patient person; If you want to move in very fast then you need to buy rather than build. THIS IS ALL PART OF THE STRESS MENTIONED ABOVE.... 10. DEALING WITH CHEATS It will be the loss of a cheating contractor when you decide to buy a house. There is every likelihood that a contractor will cheat you in the course of a building project. Albeit when you buy, the only person that can cheat you then is your property seller. NO POINT - THE SELLERS ALSO CHEAT, THEY USE CHINA TILES AND TELL YOU IT'S ITALIAN; after installed you might not be able to different a quality China tile from an Italian tile.. 11. AVOIDING HARASSMENT AND EMBARRASSMENT The menace of omonile’s and area boys in the course of building could get worrisome. If you can’t handle the drama then buy a house. You would have succeeded in avoiding the harassment, intimidation and embarrassment in some cases. OMONILE DONT EXIST EVERYWHERE - However, where they exist - they are a menace to deal with... On point. So what do you think? Which would you say is safer and better? Buying a freshly built house from reputable real estate firms like www.naijapropertiesonline.com or acquiring your own land and building on it? with due respect to naijapropertiesonline - Lekki Homes was reputable UNTIL - So I'll rather build and control what I build...... THANKS FOR THE ARTICLE.... NICE WRITE UP. Source: www.nigeriarealestatehub.com/building-buying-house-better.html/ www.naijapropertiesonline.com[/quote] 2 Likes |
Re: Buying Or Building A House.. Which Is Better? by uvalued(m): 9:27am On Apr 19, 2017 |
PropertiesNaija:noted |
Re: Buying Or Building A House.. Which Is Better? by Macmoni(m): 9:40am On Apr 19, 2017 |
IpobExposed:how dis one con consign buhari |
Re: Buying Or Building A House.. Which Is Better? by BiafraIShere(m): 9:43am On Apr 19, 2017 |
Both have their merits and demerits. In building your own house, you will be able to do everything according to your specification and taste while in buying, you save yourself the stress and logistics that comes with building. Btw, Galaxy Properties is here to assist you in buying land or buildings in Owerri, Imo state. Contact us today for genuine properties. |
Re: Buying Or Building A House.. Which Is Better? by Omoluabi16(m): 9:44am On Apr 19, 2017 |
I prefer buying a house abeg. In fact we did, and we didn't regret it. The intrigues in building a house is quite challenging. omo onile and other wahala |
Re: Buying Or Building A House.. Which Is Better? by Nobody: 11:00am On Apr 19, 2017 |
For your land and properties, please contact -07015482403 We have affordable lands and properties at PEN estate, Aseese Ogun State, we also have within and outside Lagos
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Re: Buying Or Building A House.. Which Is Better? by Aforbzee07(m): 11:15am On Apr 19, 2017 |
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Re: Buying Or Building A House.. Which Is Better? by Nobody: 12:23pm On Apr 19, 2017 |
VERIFIED AND AFFORDABLE LANDS FOR SALE AROUND AJAH Oakwood Gardens: Lakowe, Ajah. Description: 675sqm = #13.5M // 900sqm = #18M Title: Governor's Consent Oakwood Gardens phase 2 Description: 600sqm = #5.4M Title: C of O Destiny Gardens phase 1: Ibeju Lekki Description: 600sqm = #5M Title: Government's Excision Destiny Gardens phase 2: Ibeju Lekki Description: 600sqm = #4M Title: Government's Excission Legacy Gardens phase 1: Eleranigbe Description: 600sqm = #3M Title: Government's Excission Legacy Gardens phase 2: Eleranigbe Description: 600sqm = #3M Title: Government's Excission Oakwood Gardens phase 3: Ibeju Lekki Description: 600sqm = #5M Title: Government's Excision Paradise Gardens: FTZ Ibeju Lekki Description: 600sqm = #3.5M Title: Government's Excission Open Heavens phase 2: Eleranigbe Description: 600sqm = #1.7M Diamond Estate phase 1: Off Monastery road, Sangotedo, Ajah Description: 600sqm = #7.7M Title: Government's Excision Trinity Gardens phase 2: Eleranigbe Description: 600sqm = #1.4M Atlantic Bay Estate: Behind May Fair Gardens, Awoyaya. Description: 600sqm = #4.5M Title: Government's Excission Call/WhatsApp: +2348138718647; +2348023480776 info@naijapropertiesonline.com www.naijapropertiesonline.com |
Re: Buying Or Building A House.. Which Is Better? by femiranking28(m): 5:48pm On Apr 19, 2017 |
miketayo:yes it does, no security on ground as well as no whistle blower around 1 Like |
Re: Buying Or Building A House.. Which Is Better? by miketayo(m): 6:01pm On Apr 19, 2017 |
femiranking28: Lmao if only it were true |
Re: Buying Or Building A House.. Which Is Better? by goldedprince: 7:12pm On Apr 19, 2017 |
i prefer building it myself. most already built houses are built with very poor materials |
Re: Buying Or Building A House.. Which Is Better? by Skylover: 10:38pm On Apr 19, 2017 |
Are u interested in buying land or house,or u want to invest your money,kindly visit Adron Homes And Properties,we have land in Shimawa,Atan Oga,ijebu lekki,Redemption camp,Ibadan,Abuja at affordable prices and we also allow down payment and Aldo spilting of ur payments for months and years ,ur comfort matters to us ,Be ur own landlords.For more details contact Marketer Peju ,Egbeda branch Lagos with this number :08133061830 or u visits Adron Homes and Properties. Pls share ,Thanks |
Re: Buying Or Building A House.. Which Is Better? by Nobody: 10:43am On Apr 20, 2017 |
VERIFIABLE AND AFFORDABLE LAND SALES AROUND AJAH (1) A plot and half of dry land facing road Location: owode lamgbasa road ajah Lagos Title: gazette and register deed Price: #25m (2) A plot and half with 2 bedroom flat and 3 shops on it facing road Location: owode lamgbasa road ajah Lagos Title: village excision and register deed Price: #23m (3) A plot at Ajah, both sides are fenced on dry land, inside a big estate Price: #10M (4) Acres of land in Oku, Ajah Price: #5M Per plot (5) Acres of land in Elerangbe Price: #1 .5M per plot (6) Parcels of land in Sangotedo Price: #7M per plot (7) Acres of land in Eti osa ibeju Price: #7M per plot ( 2 plots of land at Oworonsoki, Bariga, facing the main road. Suitable for banks and other office set ups. Price: #300m (9) Acres of land at Ayeteju Price: #2.5M per plot (10) One plot of land at Ajah (dry land), fenced both sides Documents: SURVEY, C OF O. Price: #10M (11) Building with four (4) flats apartment at Iyana Ipaja Price: #46M (12) Building with four (4) flats at Agege Price: #45M (13) Building with four (4) flats at Alagbado Price: #18M NOTE: PRICES ARE NEGOTIABLE. Call/WhatsApp: +2348138718647 info@naijapropertiesonline.com www.naijapropertiesonline.com |
Re: Buying Or Building A House.. Which Is Better? by money121(m): 12:14am On Jan 26, 2018 |
Woww!! My Nairaland Thread hits 80k page views today Thanks to Seun Osewa for this great forum Nairaland.com becos have made Millions of Sales from this Largest forum in Africa 90% got my contact from >> https://www.nairaland.com/3364135/roofing-sheets-cost-various-types/19#up Also big shoutOut to Adebayo Thunder Oluwaseun he was the one that introduced me to this forum back then yr 2013 And To all my Loyal Client's thanks for ur patronage!!! I really Appreciate
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Re: Buying Or Building A House.. Which Is Better? by millan0: 7:06pm On Mar 24, 2019 |
New build homes are increasingly popular in Nigeria. Especially in the bigger cities like Abuja and Lagos. Having said this, you do have to be aware of certain issues. More in this article: https://www.villaafrika.com/pros-cons-new-builds/ |
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