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Can ₦50 Million Build A Modern 3-Bedroom Bungalow With This Current Inflation? - Properties (5) - Nairaland

Nairaland ForumNairaland GeneralPropertiesCan ₦50 Million Build A Modern 3-Bedroom Bungalow With This Current Inflation? (43034 Views)

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Re: Can ₦50 Million Build A Modern 3-Bedroom Bungalow With This Current Inflation? by Skydivine: 8:34pm On Jan 02, 2025
Ashawoman82:
Oga stop exaggerating things, what do u mean a standard kitchen cabinet, as in furniture in the kitchen is 2.5m haba..
10 HDF board @ 40 each = 400k
White granite counter top 10 square meter @ 30 k is 300k
Accessories #100k
Gas too #200k
Sink #100k
Hood / extractor #80k
Labour 300k -400k
Total = #1.6M
Re: Can ₦50 Million Build A Modern 3-Bedroom Bungalow With This Current Inflation? by Sugarboyy(m): 8:34pm On Jan 02, 2025
Jorussia:
Okay i now understand you.but u said ur own na 4 bedroom?some 4 bedrooms bungalow is equivalent to 2flats(3 bedrooms).If it's anything the size of 2flats with parafet and metro roofing it's going to cost #40m and above.I did estimate for 2flats(3 bedroom),it was around #35m.The estimate is just a basic standard house with no metro roofing or parafet.
Check one of my post, I have posted mine during roofing.
And yes, mine is 4 standard bedroom at the front and a room and parlour self contained at the back (it's equivalent to 2 flats as you rightly said. All the rooms are masters, with a laundry room also
Re: Can ₦50 Million Build A Modern 3-Bedroom Bungalow With This Current Inflation? by Ynix(m): 8:35pm On Jan 02, 2025
GeneralPula:
Almost everything you listed here are not op to that.

27-30m would be enough complete
May be from the angle of street labour, I am giving a quotation based on my Civil Engineering background
Re: Can ₦50 Million Build A Modern 3-Bedroom Bungalow With This Current Inflation? by LandMann: 8:36pm On Jan 02, 2025
Sugarboyy:
Without the land, let me do a proper breakdown for you and allow you to decide yourself... This is from person experience.

To DPC level, you are spending a minimum of 2m.
To lintel level from DPC, you are spending another 2m minimum.
Let's say 5m from scratch to Lintel level, excluding filling sand and workmanship.
That parafet, I did mine that's an artwork parafet for 1.8m
Woodwork and roofing currently for this sample you posted, you are spending atleast 10m.
Plastering
Artwork
POP
Tiles
Borehole (tank, tank stand)
Piping
Plumbing
Furniture
Soakaways
Screeding
Painting
Burglary
Gate
Flooring
Power
Plumbing items,
etc

My brother, 50m won't build it.
You should be looking at 65-70m.
You should have kept quiet if you have nothing sensible to say. People like you are the ones turning other people into thieves and criminals in Nigeria by inflating price of everything.

Woodwork for three bedroom cannot exceed 2 million... Is it the aluminium sheets and workmanship that won't exceed 150k that will gulp 8 million?
Re: Can ₦50 Million Build A Modern 3-Bedroom Bungalow With This Current Inflation? by SoliBayNG: 8:37pm On Jan 02, 2025
kings59:
15 Million will do that perfectly well.

A man in my area used 12 million to build a good bungalow, more beautiful than the one OP attached to his photo.

All those crazy people shouting 50M are thieves. Buy the materials yourself and don't allow the engineer to do it.

I would have shown a photo, but the man wouldn't like to see his house online because he is a Military person.


Make una just dey mumu for nairaland. Learn and stop arguing and quoting me.


We are talking about Three bedrooms here and not 5 bedrooms.
What's the location?
Re: Can ₦50 Million Build A Modern 3-Bedroom Bungalow With This Current Inflation? by Sugarboyy(m): 8:37pm On Jan 02, 2025
kkonsults:
EDO to the world 🌎
Nice work.
Welldone my brother.
🫂
Re: Can ₦50 Million Build A Modern 3-Bedroom Bungalow With This Current Inflation? by Softmirror: 8:38pm On Jan 02, 2025
Eriokanmi:
True but the parapet is too big. Old designs do have such. It's a waste of materials. Have you seen modern parapet in layers? You'd love it.
Any pictures. Would love to see.
Re: Can ₦50 Million Build A Modern 3-Bedroom Bungalow With This Current Inflation? by SoliBayNG: 8:39pm On Jan 02, 2025
post=133552450:
@derailers,

In advance,
If you don't know about this topic,
Please keep off and don't come waste the space professionals and sensible people will comment.
We beg of you.
Thanks in advance as well.
See as you dey comment like say na you open thread. Abeg allow the poster to get the attention he requested
Re: Can ₦50 Million Build A Modern 3-Bedroom Bungalow With This Current Inflation? by osazsky(m): 8:39pm On Jan 02, 2025
Ynix:
Take a look at this

1. Site Clearing and Preparation
Site Surveying and Mapping: ₦300,000
Site Clearing and Leveling: ₦500,000
Excavation for Foundation: ₦700,000
Sub-Total: ₦1,500,000
2. Foundation Stage
Materials (Cement, Sand, Gravel, Steel): ₦3,500,000
Labor for Foundation Work: ₦2,000,000
Damp Proof Membrane and Blinding: ₦1,000,000
Sub-Total: ₦6,500,000
3. Structural Work
Wall Construction (Blocks, Mortar, and Labor): ₦8,000,000
Reinforcement for Pillars and Lintels: ₦3,000,000
Sub-Total: ₦11,000,000
4. Roofing
Roofing Materials (Wood, Zinc/Aluminum, Nails): ₦4,000,000
Roofing Labor: ₦1,000,000
Sub-Total: ₦5,000,000
5. Windows and Doors
Aluminum/Steel Windows (Materials and Installation): ₦2,000,000
Doors (External and Internal): ₦2,500,000
Sub-Total: ₦4,500,000
6. Electrical and Plumbing
Electrical Wiring and Fixtures: ₦2,000,000
Plumbing and Sanitary Fittings: ₦2,500,000
Sub-Total: ₦4,500,000
7. Interior Finishing
Plastering and Screeding: ₦2,000,000
Painting (Interior and Exterior): ₦2,000,000
Tiling (Floor and Walls): ₦3,000,000
Ceiling Work (POP or PVC): ₦1,500,000
Sub-Total: ₦8,500,000
8. Exterior Finishing
Paving/Compound Finishing: ₦3,000,000
Drainage and Fencing: ₦2,500,000
Sub-Total: ₦5,500,000
9. Contingency (5%)
Unforeseen Expenses: ₦2,500,000
Grand Total: ₦50,000,000

Note: This costing is subject to reduction or addition based on inflation, market situation, quality of materials and type of expertise engaged
boss them finish u o I swear.clearing 500k, excavation 700k..u won't spend upto 120k for both if u had used Hausa guys or Benue guys to run these jobs..na wastage be this.ur money long
Re: Can ₦50 Million Build A Modern 3-Bedroom Bungalow With This Current Inflation? by osazsky(m): 8:42pm On Jan 02, 2025
Most persons shouting 60m are engineers this is an avenue for them to cash out after creating a wrong impression
Re: Can ₦50 Million Build A Modern 3-Bedroom Bungalow With This Current Inflation? by seborrhic: 8:43pm On Jan 02, 2025
Henix:
10 million for this roof? My 5 bedroom bungalow in Awka didn't cost me up to 5 million naira to roof around March last year, with a quality stone coated
No mind them.
They will just be quoting astronomical figures to make it look like they spent so much on a building
Imagine one clown saying labour for land alone will cost ₦2m.
Even if you quote that figure for a big man in Ikoyi or Lekki he would look at you twice and call someone else
Re: Can ₦50 Million Build A Modern 3-Bedroom Bungalow With This Current Inflation? by Ashawoman82: 8:43pm On Jan 02, 2025
Skydivine:
10 HDF board @ 40 each = 400k
White granite counter top 10 square meter @ 30 k is 300k
Accessories #100k
Gas too #200k
Sink #100k
Hood / extractor #80k
Labour 300k -400k
Total = #1.6M
Oga rest, there's different between luxury furniture and the normal ones used in most kitchens today...
Re: Can ₦50 Million Build A Modern 3-Bedroom Bungalow With This Current Inflation? by Ynix(m): 8:44pm On Jan 02, 2025
osazsky:
boss them finish u o I swear.clearing 500k, excavation 700k..u won't spend upto 120k for both if u had used Hausa guys or Benue guys to run these jobs..na wastage be this.ur money long
did you see leveling there, what does it take to achieve leveling, have you heard of cut and fill. I provided a costing from an Engineer's perspective not from a gbasgbos perspective
Re: Can ₦50 Million Build A Modern 3-Bedroom Bungalow With This Current Inflation? by ElevationD: 8:44pm On Jan 02, 2025
westlius:
You need 4,000 to 5000 blocks.
6 inches block
1 bag of cement gives you 45 blocks,
You need 112 bags to get 5,000 blocks
Finishing (interior) can be expensive or cheaper depending on your taste.
50 million will build 2 of these house minus land and get change is your finishing standard isn't too high
Ahhhhh. Mr. Armchair builder.
1 bag or cement for 45 blocks? Kuku complete am 100 blocks!
Re: Can ₦50 Million Build A Modern 3-Bedroom Bungalow With This Current Inflation? by osazsky(m): 8:48pm On Jan 02, 2025
Ynix:
did you see leveling there, what does it take to achieve leveling, have you heard of cut and fill. I provided a costing from an Engineer's perspective not from a gbasgbos perspective
how can u clear and level ur land with 500k is it 30 hacres of land or 100 by 100 I don't get it
Re: Can ₦50 Million Build A Modern 3-Bedroom Bungalow With This Current Inflation? by Skydivine: 8:48pm On Jan 02, 2025
Ashawoman82:
Oga rest, there's different between luxury furniture and the normal ones used in most kitchens today...
The kitchen of the house in the referenced picture of this thread, what type of kitchen would one except to be there?

That quote is not even standard. If you use white marble instead of granite, the price would change to 70k per square meter = 700k.
Also, a standing gas top with oven would set you back #500k
Re: Can ₦50 Million Build A Modern 3-Bedroom Bungalow With This Current Inflation? by emperor4love(m): 8:48pm On Jan 02, 2025
highchief1:
shut up tenant.
no mind dey werey shaa I de laugh am cos I de build house currently
Re: Can ₦50 Million Build A Modern 3-Bedroom Bungalow With This Current Inflation? by Sugarboyy(m): 8:49pm On Jan 02, 2025
Ashawoman82:
Oga rest, there's different between luxury furniture and the normal ones used in most kitchens today...
Not everyone does normal like you.
How much will it cost to have this kind of kitchen cabinet, Mr Normal?

Re: Can ₦50 Million Build A Modern 3-Bedroom Bungalow With This Current Inflation? by Ibebeh(m): 8:50pm On Jan 02, 2025
Pls is it parapet or parafit or parafet abeg epp a brother
Re: Can ₦50 Million Build A Modern 3-Bedroom Bungalow With This Current Inflation? by emperor4love(m): 8:51pm On Jan 02, 2025
kings59:
15 Million will do that perfectly well.

A man in my area used 12 million to build a good bungalow, more beautiful than the one OP attached to his photo.

All those crazy people shouting 50M are thieves. Buy the materials yourself and don't allow the engineer to do it.

I would have shown a photo, but the man wouldn't like to see his house online because he is a Military person.


Make una just dey mumu for nairaland. Learn and stop arguing and quoting me.


We are talking about Three bedrooms here and not 5 bedrooms.

If a trip of sand is 180k, filling 3 rooms a parlor and a kitchen and bathrooms would take let's say 6 tippers of sand = 1.8 M

Then the rods should take 2.5M for foundation.

Casting it + cement + granite should be 4 M

Blocks can be 800k

The ceiling and roofing should be 2.5M since it's 3 bedroom

Windows and doors should be 1.5M ( 3 doors 3 rooms, kitchen, and toilet and bathroom + entrance) making 6 doors= 600k windows and the rest 600k
Workmanship 1.5M

Is the building not set already?

The OP never specifies internal decoration, just building.


No wonder many people fail exams.
una go com online the talk rubbish,no blame u shaa,try go collect such amount build am fr person
Re: Can ₦50 Million Build A Modern 3-Bedroom Bungalow With This Current Inflation? by INTEGRITYA1(m): 8:51pm On Jan 02, 2025
Nice thread
Re: Can ₦50 Million Build A Modern 3-Bedroom Bungalow With This Current Inflation? by osazsky(m): 8:52pm On Jan 02, 2025
Ashawoman82:
Oga rest, there's different between luxury furniture and the normal ones used in most kitchens today...
na una type they leave us wey dey into furniture they give female interior designers furniture jobs and these female interior people collect the jobs at a high cost and give it to us to do it...I done do job of 1.8m and the owner of the house gave d female interior design 6m..she ended up spending 1.8m just imagine her gain..I know most of these female interior designers sleep with their clients.
Re: Can ₦50 Million Build A Modern 3-Bedroom Bungalow With This Current Inflation? by osazsky(m): 8:52pm On Jan 02, 2025
Ashawoman82:
Oga rest, there's different between luxury furniture and the normal ones used in most kitchens today...
na una type they leave us wey dey into furniture they give female interior designers furniture jobs and these female interior people collect the jobs at a high cost and give it to us to do it...I done do job of 1.8m and the owner of the house gave d female interior design 6m..she ended up spending 1.8m just imagine her gain..I know most of these female interior designers sleeep with their clients.
Re: Can ₦50 Million Build A Modern 3-Bedroom Bungalow With This Current Inflation? by oz4real83(m): 8:57pm On Jan 02, 2025
westlius:
You need 4,000 to 5000 blocks.
6 inches block
1 bag of cement gives you 45 blocks,
You need 112 bags to get 5,000 blocks
Finishing (interior) can be expensive or cheaper depending on your taste.
50 million will build 2 of these house minus land and get change is your finishing standard isn't too high
it seems you want the building to collapse shocked. One bag of cement should give you an average 30 units of 6 inches blocks or an average of 36 units of 5 inches blocks. The more the quantity, the less the quality.
Re: Can ₦50 Million Build A Modern 3-Bedroom Bungalow With This Current Inflation? by Mrsoft3(m): 8:58pm On Jan 02, 2025
kings59:
15 Million will do that perfectly well.

A man in my area used 12 million to build a good bungalow, more beautiful than the one OP attached to his photo.

All those crazy people shouting 50M are thieves. Buy the materials yourself and don't allow the engineer to do it.

I would have shown a photo, but the man wouldn't like to see his house online because he is a Military person.


Make una just dey mumu for nairaland. Learn and stop arguing and quoting me.


We are talking about Three bedrooms here and not 5 bedrooms.

If a trip of sand is 180k, filling 3 rooms a parlor and a kitchen and bathrooms would take let's say 6 tippers of sand = 1.8 M

Then the rods should take 2.5M for foundation.

Casting it + cement + granite should be 4 M

Blocks can be 800k

The ceiling and roofing should be 2.5M since it's 3 bedroom

Windows and doors should be 1.5M ( 3 doors 3 rooms, kitchen, and toilet and bathroom + entrance) making 6 doors= 600k windows and the rest 600k
Workmanship 1.5M

Is the building not set already?

The OP never specifies internal decoration, just building.


No wonder many people fail exams.
If I stone you,which kind 15m

To buy the land how much?

That roofing and parafet alone is 5m plus not to talk about blocks and cement, labour iron rods gravel stone sharp sand and plastering sand etc no try am o
Re: Can ₦50 Million Build A Modern 3-Bedroom Bungalow With This Current Inflation? by seborrhic: 8:59pm On Jan 02, 2025
7
Factcheck0001:
just leave our nairaland billionaire's

Even if u say u have 50 billion Naira n u tell them u want to buy bicycle tire they will still tell u it's not enough
Infact,one dindirin will tell you 1b can only get the carcass of the bicycle without the tyre.
If ₦50m cant build a 3BR,why are some houses in Lekki still being quoted at that amount?
Even recently that guy in Delta State or so that killed his friend,threw him into a River and lied to the family that the murdered friend had been kidnapped and collected about ₦30m was found to have completed a duplex and bought other lands with that ₦30m.Did he build the duplex with sand?
Re: Can ₦50 Million Build A Modern 3-Bedroom Bungalow With This Current Inflation? by Ashawoman82: 9:00pm On Jan 02, 2025
Sugarboyy:
Not everyone does normal like you.
How much will it cost to have this kind of kitchen cabinet, Mr Normal?
Oga shutup , wetin u wan use this kind cabinet do fir bungalow house.. Cut ur coat according to ur size.. I'm talking of the average standard prize...normally there will always be a more expensive material especially when it comes to furniture.... Standard kitchen cabinets popular in most homes can be done with barely 400k, take that to the bank.. I have a highly skilled furniture friend so I know sup..
Re: Can ₦50 Million Build A Modern 3-Bedroom Bungalow With This Current Inflation? by Sugarboyy(m): 9:02pm On Jan 02, 2025
Ashawoman82:
Oga shutup , wetin u wan use this kind cabinet do fir bungalow house.. Cut ur coat according to ur size.. I'm talking of the average standard prize...normally there will always be a more expensive material especially when it comes to furniture.... Standard kitchen cabinets popular in most homes can be done with barely 400k, take that to the bank.. I have a highly skilled furniture friend so I know sup..
And small ant 🐜 like you is telling me to shut up?
Re: Can ₦50 Million Build A Modern 3-Bedroom Bungalow With This Current Inflation? by osazsky(m): 9:02pm On Jan 02, 2025
50m can't build 3 bedroom but go online u go see beautiful 3 bedroom that the owners want to sell for 32million still negotiable self..make una rest....with land inclusive o
Re: Can ₦50 Million Build A Modern 3-Bedroom Bungalow With This Current Inflation? by kings59: 9:03pm On Jan 02, 2025
Mrsoft3:
If I stone you,which kind 15m

To buy the land how much?

That roofing and parafet alone is 5m plus not to talk about blocks and cement, labour iron rods gravel stone sharp sand and plastering sand etc no try am o
You are still failing exam.

Learn to read the question before answering.
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