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Can 5 Million Naira Build This House? - Properties (7) - Nairaland

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Re: Can 5 Million Naira Build This House? by Goodplace: 6:41pm On Jul 18, 2023
So because of brain storming you told someone to shut up? You lack communication wisdom.
adamma24:


Jmoore... shutup ur mouth....that house is more than 5 million naira to build...cos u dont know how expensive or costly building materials are right now...

3 Likes

Re: Can 5 Million Naira Build This House? by Horlardorjah(m): 6:42pm On Jul 18, 2023
jmoore:
The worker shared a photo of a fine house on Twitter with the caption: "With 5M, I can build this 2 bedroom house for you if you already have a land."


It's not happening in present Nigeria.
Suspended floor, is it wood suspended floor? Even at that gan nko.
Cement price
Price of block now?
trip of granite or u using local
Cement board/kalsi board n it's installation, screeding it inclusive.
The window/doors cost
Concrete flooring materials and roof members and roofing sheet.
Tiling or u using rubber tiles+ it ain't free too
Electrical piping n cabling- new increament has been announced by some companies.
Many factors won't just make it work if you are building to the standard we have in this photo n alternative building components are even more expensive.
Let's start from 7m n we might get almost same as this
Re: Can 5 Million Naira Build This House? by boxypane(m): 6:44pm On Jul 18, 2023
Depends on the size of the rooms.

1 Like

Re: Can 5 Million Naira Build This House? by DavidTech23(m): 6:45pm On Jul 18, 2023
Sharpsharp00123:
oga 5 million will finish that house abeg

Are u a developer?

Na agent wen won chop money dey give u unreasonable price, with 5 million I will do that for myself but if na client wan give me I go talk say e no go reach
Are you into building
Re: Can 5 Million Naira Build This House? by router123(m): 6:47pm On Jul 18, 2023
[quote author=Walz001 post=124504127] yes he is right if you check well and probably a water lodge area [/quote

Did you see him quote blocks @ 270naira each? That is the price like 5years ago.

1 Like

Re: Can 5 Million Naira Build This House? by baralatie(m): 6:50pm On Jul 18, 2023
Buddha3:


I'm confused, where did you see furniture in the photo?

6million naira can build that house. As at 7months ago, 5million would have met the approximate budget. The concrete decking is not more than 3inches in density. That cuts down onthe only aspect I consider to have been capital intensive.
You want to cast 75mm thick concrete slab?πŸ™„πŸ™„πŸ™„πŸ™„
Re: Can 5 Million Naira Build This House? by GoodIsGod: 6:50pm On Jul 18, 2023
adamma24:


U be idiot...I no fit follow u banter words this Monday afternoon....because I no sure say u don build house or buy building materials of recent.....

What has the guy you are insulting said to warrant this?

You are a senseless guy. So stupid that the mad man on Lagos street has more sense than you.
Must you insult people to make a point.
You can't tell me you went through the four walls of an educational institution and I would believe you.
MC Oluomo's motor park boys are sensible and cultured more than you.

You are a rouge.

Senseless iddiottt.

3 Likes 1 Share

Re: Can 5 Million Naira Build This House? by Yampotatocarrot(m): 6:51pm On Jul 18, 2023
Mrshape:

With around 300k you will get a biodigester

Mehn, you were too quick o. When I saw his comment, I immediately wanted to quote him to mention the biodigester, only to find out you've done that right below him.

I think information is key. Many people don't know much about biodigesters and those that even know might not trust the idea... Once it begins to gain ground, many house owners will start going for it
Re: Can 5 Million Naira Build This House? by lakefist(m): 6:55pm On Jul 18, 2023
jmoore:

What is the size of the area you are roofing? 2 bedroom, you dey call 5 million naira.
If you use 12 million to build 2 bedroom, then you may use 400 million to build 2 storey building of 3 bedroom flats ensuite.

No mind them πŸ˜‚
Re: Can 5 Million Naira Build This House? by lakefist(m): 6:57pm On Jul 18, 2023
Sharpsharp00123:
oga 5 million will finish that house abeg

Are u a developer?

Na agent wen won chop money dey give u unreasonable price, with 5 million I will do that for myself but if na client wan give me I go talk say e no go reach

Same here. Na flat roof sef no be anything fancy. Agents like over charging
Re: Can 5 Million Naira Build This House? by Nobody: 7:01pm On Jul 18, 2023
baralatie:

You want to cast 75mm thick concrete slab?πŸ™„πŸ™„πŸ™„πŸ™„

Looking at that structure critically, even the load bearing walls don't seem sturdy enough to shoulder the weight of concrete casting beyond that density. Except of course I'm simply under-reaching as a result of poor judgement since we have just pictures to go by.
Re: Can 5 Million Naira Build This House? by sonnie10: 7:03pm On Jul 18, 2023
sonnie10:


That house has about 10 window (with net and burglary) @ 30k each 300k
4 doors external doors @ 50 = 200k
4 internal doors @ 30k is 120k
Electrical (wires, distribution box, socket, switches and Labour) 300k
Plumbing ( sink. Toilet, shower, piping, wash hand basin, mirror ) 200k
Ceiling ( with board and strut) 200k
Tiles (150 square meters) @ 4k per square is 600k
Fix of tiles Labour , sand and cement #150k

Painting (materials and labor) internal and external #200k

Total #2.270M
I left the external metal hand rail. It is also important to put rail on that backyard step ( the rule of thumb is to have a rail when there are more than 3 steps)
It will cost nothing less than #150k total.
Re: Can 5 Million Naira Build This House? by ojehmario1969(m): 7:04pm On Jul 18, 2023
emmybobo1:

Do you know that building soak away alone is up to 800k
Tahhh grin fr where

1 Like

Re: Can 5 Million Naira Build This House? by Ofemmanu1: 7:10pm On Jul 18, 2023
visaclick:
For where? When a bag of cement is 5300 already.

Cement is N4600 here in Kogi
Re: Can 5 Million Naira Build This House? by Ofemmanu1: 7:11pm On Jul 18, 2023
jmoore:

What is the size of the area you are roofing? 2 bedroom, you dey call 5 million naira.
If you use 12 million to build 2 bedroom, then you may use 400 million to build 2 storey building of 3 bedroom flats ensuite.

The guy dey work with Lie Mohd.
Re: Can 5 Million Naira Build This House? by Amsickindahead: 7:13pm On Jul 18, 2023
With @gp_bricks_construction on Instagram u can get this house for 4m no cap..very reliable and durable Interlocking bricks
Re: Can 5 Million Naira Build This House? by marlow1962(m): 7:14pm On Jul 18, 2023
jmoore:

How much was cement last year? The difference is not much.

We are talking about 2 bedroom.
Change go remain for the 5 million.
Haba, bros calm down they deceive some people o.
5m Keh, build 2 bedroom.
Ha, I like know the planet where that one fit happen.
Re: Can 5 Million Naira Build This House? by micxwell(m): 7:14pm On Jul 18, 2023
Nazgul:
Lol...that 5m is a bait he's dangling at prospective customers, if you fall for it, you'll spend more cos 5m would not build it.

But 5m would go a very long way which he knows that's why he wants you commit your 5m to him, cos once you've done that, you'll pay whatever amount he asks you to pay for completion.

It gets better if one decides to do away with the suspended floor area.
Re: Can 5 Million Naira Build This House? by sonnie10: 7:19pm On Jul 18, 2023
Amsickindahead:
With @gp_bricks_construction on Instagram u can get this house for 4m no cap..very reliable and durable Interlocking bricks
Bricks, block and cement work ( form work) is just about 30% of a building cost.
Re: Can 5 Million Naira Build This House? by sacajawea: 7:26pm On Jul 18, 2023
hansomb:
We don finish dis argument try try on Twitter. Na gwanjo work fit do for 5m
Link to the thread or original tweet...
Re: Can 5 Million Naira Build This House? by NaijaCover(m): 7:26pm On Jul 18, 2023
Nawa o
Re: Can 5 Million Naira Build This House? by sacajawea: 7:27pm On Jul 18, 2023
stevups:
You were correct. But my fear as an expert in roofing, that roofing alone is 3m
Are you a roofing Carpenter?
Re: Can 5 Million Naira Build This House? by ford101: 7:27pm On Jul 18, 2023
Ladiesdream:
5 million will only roof that house. 7 million additional will finish the house to taste. Totalling 12m
have you ever built a house and also supervice the work like go to the market on ur own and price goods? I guess you haven't.you dont know the value of money as it stands. Stop deciving people.

1 Like

Re: Can 5 Million Naira Build This House? by stevups(m): 7:30pm On Jul 18, 2023
sacajawea:

Are you a roofing Carpenter?

Yes. 15years

1 Like 1 Share

Re: Can 5 Million Naira Build This House? by ADAMUdaCOWBOY: 7:30pm On Jul 18, 2023
jmoore:

What is the size of the area you are roofing? 2 bedroom, you dey call 5 million naira.
If you use 12 million to build 2 bedroom, then you may use 400 million to build 2 storey building of 3 bedroom flats ensuite.
Don't mind some of these people opening their mouths to comment on something they know nothing about.
Re: Can 5 Million Naira Build This House? by NiceLegs: 7:31pm On Jul 18, 2023
.

Re: Can 5 Million Naira Build This House? by belente(m): 7:32pm On Jul 18, 2023
Mrshape:

With around 300k you will get a biodigester
oga please I want to know more about biodigester
Re: Can 5 Million Naira Build This House? by stampo: 7:34pm On Jul 18, 2023
Not possible

Never possible

Will not be possible


Shall not be possible

Must not be possible

Would not be possible

Can not be possible

5 million build that house


5 million na less, the house go crush 5 million

5 million dey learn...

1 Like 1 Share

Re: Can 5 Million Naira Build This House? by sacajawea: 7:35pm On Jul 18, 2023
stevups:


Yes. 15years
Wow.
But now you are finance expert? Purely into finance??
How manage ?
Re: Can 5 Million Naira Build This House? by Dotez: 7:37pm On Jul 18, 2023
I'm a civil engineer and with my experience in the building and construction industry thus,i just see this bn impossible at that amount

Like 1tonne of iron is currently 485k. or there about,For the foundation, the pillars and the small suspension floor there, you will need minimum of 4-5 tonnes. That’s 2.5m-3m.

Granites is about 370k or there about per 20 tonnes. You need minimum of 2
trips for the stages listed above.

We have not started with cement, which is now 5k per bag. You need more than 500 or there about,that’s another 2.5m or there about
What about blocks? Tiles? Sand?
Labour?

1 Like

Re: Can 5 Million Naira Build This House? by Allisgud: 7:38pm On Jul 18, 2023
jmoore:

What is the size of the area you are roofing? 2 bedroom, you dey call 5 million naira.
If you use 12 million to build 2 bedroom, then you may use 400 million to build 2 storey building of 3 bedroom flats ensuite.
no mind that guy,if u can monitor the project urself the money go reach,all this site engineer do inflate nomber of material which they will resale

1 Like

Re: Can 5 Million Naira Build This House? by Quebec91(m): 7:38pm On Jul 18, 2023
Nonsense talk undecided

So because you feel change go remain from cement mean say change go remain for other materials abi na only cement go build house? πŸ€·β€β™‚οΈπŸ™„πŸ˜’
jmoore:

How much was cement last year? The difference is not much.

We are talking about 2 bedroom.
Change go remain for the 5 million.

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