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COUNTING THE COST
More often than not,people consider the cost of building a house in terms of buildings materials alone.This is quite erroneous!There are a number of expenses which must be considered by anyone intending to build.The following cost should be considered:
1)Land:Expenses expected to be incurred here include:
a)Cost of the land
b)Cost of surveying the land
c)Legal dues
d)Stamp duties
2)Consultancy fees:You need the services of an Architect to design the house and supervise the construction.Other consultants include quantity surveyor,structural,electrical and mechanical engineers.They all charge a fee for their services.
3)Construction cost:This refers to the cost of building materials and labour cost.
4)Statutory charges:This include fees charged by the Area Planning Authorities for approval of building plans.
5)Miscellaneous:This include customary rites paid to the land owners e.g bush entry etc.

All the aforementioned costs put together,constitute the cost of building a house.