EgunMogaji2: One of my uncles in Ibadan took his builder to the USA. He spent three months in California visiting building sites of associates. They then loaded I think three containers from Lowe’s and Home Depot. The house is pretty much American. Stucco walls, central AC, 110V throughout, etc
Money is good.
I’ve heard of a house too in Ijebu area that they bought and dismantled a small castle in Ireland and shipped it here and put it back together.
Maybe Brabus has heard the story or know of the house.
We move, no time. #EndSARS
I’ll need more clue to figure it out. But I do know there are lots of builds done that way.
I’ve seen an underground house in Ibadan. This is over 2 decades ago. On the surface, all you see is a plain field. Beneath is a massive house.
rotecch77: It’s not frameless window, it’s called “ cutting wall window” the frame used to fabricate this type of window is more bigger than regular casement window frame only that you will not noticed the Frame from outside.
michlins: at #200,000 eh,is there anything wrong with the land in terms of maybe water logging or accessibility.
I don't know where you can get a land in or around Nnewi for that price. The expensive nature of lands in Nnewi have driven the cost of lands in neighboring towns. A decent land in ozubulu which is a border town starts from 5ml and forget about network in such areas. You are likely going to get a decent road or probably not. To build a house here is only by God's grace
Wrong ke? The big irony is that the 200k land are even the best land over here. Buy and start work! No omo onile issues. No raft!
michlins: the funny thing about real estate here is that rent cheap when compared to what I hear people mention here. You can find a three bedroom apartment in a four storey building for 350-400 per annum. This is for a new building with borehole. You will have to source your own power but then you are connected to NEPA. That's why you can NEVER find a building of less than three storey with accompanying warehouse cause owners are trying their best to recoup their funds as soon as possible while using runs to almost a decade
You’re very useful to this thread!
Everything is not about selling. We need to understand what’s happening in other locations to better appreciate our brothers and sisters who are making a big difference in our dearly beloved country.
There are 30m plots here even 500m+ but the vast majority of land on this side start from 200k
diordaves: Do you mean building vertically/horizontally or building cheaper by the dozen?
Did you see your above example of moulding blocks if the project is big? That is a classical case of cheaper by the dozen. Yes it is possible to achieve economy of scale if the project is big. For example, buying cement in bulk at factory gate price instead of retail price.
I actually mean cheaper by the dozen.
Baba Egunmogaji2, is the Unit 2 cheaper than Unit 1 in your ongoing project? If yes, by how much sir?
Focusmind: You have intelligently answered the "architect".
Smart home is not about the physical structure. It is about gadgets and minimal human involvement in its operation.
One of my Ogas in PH bought an old house belonging to Rivers state government in Old GRA, PH.
The building was a colonial building. He just modified it with smart systems and solar. All doors opens at approach. The landscape and age long trees added fine aesthetics to the build environment.
So dear "architect", smart home is not about the look of the structure. Brabus could still explain better what smart home is.
Hmmm!
Isn’t it better to get the definition of a smart home from an architect?
A smart boy back in my secondary schools years was the one with a well ironed khaki
diordaves: This may not be economically correct. Your single-dwelling reasoning breaks down completely when weighed against the concept of marginal cost of production. So what is marginal cost? In economics we define marginal cost as the change in the total cost that arises when the quantity produced is incremented by one unit. That is saying the cost added by producing one additional unit of a product or service.
Lets conceptualise this by some real production example. So for example, now that Christmas is upon us, you were contracted to supply Christmas hamper to a company. If the initial cost of producing the first hamper is N10,000, the per unit cost is N10,000. If the marginal cost of producing one additional unit is lower than the per-unit price, the producer has the potential to gain a profit. Now due to the benefit of economy of scale, if the per unit cost of producing 10 hampers is N9,000, there is the insentive to produce more hampers because the more you produce, the cheaper it gets. Now what has this to do with building vertically or building horizontally? Plenty.
To bring this in lets settled for some simplifying assumptions:
We will assume that the total cost of building a two wing 2 bedroom unit is N5,000,000.
We will again assume that the cost of decking the unit is N3,000,000.
At this stage the magic of the concept of marginal cost sets in.
To build horizontally, the marginal cost of building the next unit is N5,000,000 with a total cost of N10,000,000. This is very clear, the investor needs to find another N5m and build the next unit and he has invested a total of N10m in the same plot of land.
But to build vertically, the analysis changes drastically as the investor needs to find an additional N3m for decking and if to go by your three floors reasoning, the investor need to find yet another N3m to deck the 'top' of the unit. So to achieve the same unit in your single-dwelling concept, the investor will use N11,000,000 to achieve the next unit that N5m would have achieved with a horizontal concept.
It is cheaper to build horizontally than vertically. It is only advisable to build vertically if the land will an arm and a leg as a result of location and the budget is big, real big.
Is the bolded above ever possible in construction?
MrOkenwa: Boss, what I heard was actually the other way round. I was told that maintenance may be more technical, compared to bungalow buildings. For similar level of finishing.
Smiles. Does it mean it'd cost more to maintain a building where tenants share a common expenses for the general exterior maintenance and repairs? I dont think so.
For me, I think it’s better and more economical (decision wise) to develop a parcel of land and have 20 apartments share one roof, than have 20 single-dwelling housing unit with 20 roofs. There's no way that'll be cheaper in the short and long run than a multi-dwelling unit.
Badgers14: Another thing to consider tho is the location.
Where will this project be located?
If in the East.. brother me, just build upstairs. People are not too keen to rent bungalow.
Cost wise a bungalow will be cheaper..
But...
considering the high cost of materials now.. it might cost between 2.5 to 3.2 m for decking but again you add a flat upstairs is an equivalent of buying another plot of land. So the flats upstairs that will give you an "additional space as another bungalow " the cost will offset itself.
In addition:
Multi-Dwelling Units/Apartments have one roof, one foundation, and one general exterior structure. Because a 6 flat spread on 3 floors have six kitchens and living areas, it'll appear more expensive when you look at the cost but if you were to consider the cost to build six separate houses, you would have the following:
- 6 separate foundations including cost of acquiring the land and sandfilling - 6 separate roofs - 6 ceiling woodwork and POP ceiling (instead of screeding in a multi-dwelling building) - 6 separate wall structures
This costs significantly more to build than to install a second kitchen and to divide the layout of the duplex into two equal spaces. Regardless of your location, the key housing cost drivers must therefore be targeted to drive housing cost reductions.
If we are to follow the industry standard when calculating the total cost of building both house type then we will break the costs down into broad categories (land, infrastructure, construction, other costs), sub-categories (foundations, walls, roof, finishes), and into component costs (labour vs materials, cost per sqm etc).
If we do this, a multi-dwelling unit is far more cheaper than single-dwelling houses. The cost of buying a new land, adding a foundation, adding a roof and ceiling can never be cheaper than the cost of pouring a slab.
MrOkenwa: Hello home owners/Realtors/engineers, kindly advice. which one would you advice ; Units of apartments in a bungalow setting or units of same in a story building?.
Condition of land: Dry, relatively cheap( Range of 2-3m naira per plot) Apartments, when completed are to be rented out.
And to be more practical: Between 4 units of 2bedroom apartments in a bungalow setting and same in a story building, Which of these is advisable?. Short and long term. cc: spyder880, Lastpage, n3xt, EgunMogaji2, mufutau55.
Multi dwelling apartment in a very good location will bring higher ROI short and long term.
- One Roof - One Foundation – Lower Maintenance Cost and Fewer Repairs – Lower Utility Bills – Shared Facilities/Amenities, such as security and fitness centers, may be included. - Lower Build Cost - Higher Occupancy Rate
______ Pics below show some of the blocks produced for our projects in various locations. I have more confidence in these blocks than most blocks in the market.
Dijita: I agree with your recommendation the most except buying blocks. He ought to mold blocks since he is not in a rush; most especially when he is building on budget.
I started my project by buying all sand needed to mold blocks. Then water pump and water storage tank few months later bought all estimated sands and granite I only bought irons and cements when it's time for foundation I didn't feel any pinch from German to lintel because I am only buying cement as sand and blocks are already on ground
kopell: not bad for that price, used or new what is brand of the engine. In considering the price and noise are you also considered the fuel consumption per hour on full load, very important as well.
Baba I don’t know o and I didn’t ask. But he told me it’s a Tokunbo Japanese engine.
KIDfurniture: Stone bridge roof or tilcor brand plz which one is the best and the price sqm...? I need info ...
Any day, any time I will always choose non-brand names over those big brand names in Nigeria.
Expensive roof without great installer is still a bad roof.
I’ve not done any business with money121 but I’ve known him for a very long time (when Lekki Gardens was just getting started). The truth is “His installations are always outstanding and that’s what make a great roof, not the expensive price tag.”
I’ve bought roofs from the biggest brand names in Nigeria and I’ve not seen anything unique to make them better than the other brands (that I’ve tested and used).
gbadexy: Undercoat is not a solution but palliative. The source of the water must be identified and stopped first. The wall would still be damp beneath the undercoat, it's only sealed from coming onto the surface. The water would find another weak spot to escape though.
You’re the master! Thanks for your valuable contributions.
gbadexy: Thank you very much sir for the mention. Damp has health implication as it affects respiration and encourages the growth of mold which also could cause illness. From the background information about the houses in the area having similar issue, it's apparent the area is waterlogged. You may apply undercoat about 3 feet round the lower end of the house before painting it. If the external of the building isn't yet painted, you may use emulsion as the skirting outside with a single light coat of a deep color so that ground water would be escaping to the surface through there.
I recently paint a shop and we use the undercoat but I still have a feeling the area is damp.
jabolo: I don’t think it’s a particular word. Most times it looks for a posting pattern (maybe you have links to other websites), or the length is too long.
I’ve been banned many times for innocuous posts I’m thinking that bot is smoking weed lol.
I’ve been pouring over anti burglary designs on Pinterest. I haven’t come up with an ideal design yet that meets security and aesthetics.
So the only few home invasion robberies in my vicinity threw me for a loop.
The anti burglary bars were removed in seconds by the thieves and the imported dogs were swiftly put in a comatose situation. So what are we now talking about again
I truly wish for liberal gun laws and castle doctrine in Nigeria.
waley007: please I need your help ... I have 300k and I want to start the foundation/building if my house on a dry land ,and a plot of land.. please how far can this go , what and what can I start with I plan to build a 4bedroom bungalow with a ante room and for 2years How many blocks , cement and all can I start with Thanks
300k won’t go far.
Save up to 700k and you can push the work to a considerate level. At least get off ground. Or make deposit for blocks while saving up more money.