₦airaland Forum

Hello house,

I’ve noticed many prospective homeowners and "Landlords-to-be" asking the same question every day: "How much will it cost to build a 3-bedroom bungalow in Nigeria right now?"

With the way cement and rod prices are fluctuating, it’s hard to get a straight answer. Some contractors will tell you ₦40M because they want to "chop" your money, while others will give you a lowball quote of ₦10M just to get the job, only for them to start asking for more money once they reach the lintel level.

From my recent research and current market trends, a standard 2-to-3 bedroom bungalow (roughly 120m² - 150m²) on a strip foundation is currently sitting between ₦15 Million and ₦30 Million for a standard finish. Of course, this changes if you are building in a swampy area (pile foundation) or using luxury Italian tiles.

I recently found a very useful tool that helps you calculate these costs based on your specific location and building type. It even lets you choose if you want the price for "Carcass only" or "Total Finishing."

You can check it out here to get a rough idea before you call your architect:

What I like about it is that it includes options for:

Building type (Bungalow vs Duplex)

Foundation choice (Strip, Raft, or Pile)

Finish quality (Budget vs Luxury)

Currency selection (Naira, USD, etc.)

For those who have recently completed their decking or roofing, what are the current prices you’re seeing in your area? Let’s share experiences so we don’t get cheated by "Omo-onile" or dishonest site engineers.

Blessings to everyone trying to own their home this year!

Building a house now isn't a easy task and depend on the location too

Una well-done.... 30 million.... Everywhere in Nigeria media its either millions, billion or trillion... God help me oooo

Ok , thank you ...

When Jonathan was presido it wouldn't have been more than 4.5 m

My dear...na ear we take dey hear d millions, billions and trillions oooo

Ibas3454:
Una well-done.... 30 million.... Everywhere in Nigeria media its either millions, billion or trillion... God help me oooo

And if I have 30m, I no go use am japa go saner clime ba? House wey u go build finish, bandit go come ransack the place or government sef go come demolish am abi?

Ibas3454:
Una well-done.... 30 million.... Everywhere in Nigeria media its either millions, billion or trillion... God help me oooo

That 30m sef, na with proper management ooo.
If you want to use certain materials like original Gerard Roofing (not the fake ones that fade easily) or Clay roof, that 30m sef no go reach 😸

Emefiele and APC (Buhari and Tinubu) really shattered the Naira to pieces. Now people can't even afford tokunbo cars anymore. Cement is between 12k -15k, so minimum wage of 70k can only buy 4-5 bags of cement... You sef think am.

Nawa, tinubu and apc una do this one o.

I am looking at this and laughing. In the same year Cement went from 10k - 15k, not even in 6 months yet.

Emeskhalifa:
And if I have 30m, I no go use am japa go saner clime ba? House wey u go build finish, bandit go come ransack the place or government sef go come demolish am abi?

Except na African countries you wn go with 30 grand.

LMAO my house I still dey get something to fix every year...

This message is misleading. First of all the location of building the bungalow should be mentioned with the cost. If it is Lagos especially on the Island where you have to do a raft foundation, #30m won't be enough.

Secondly the design of the house is another factor. If it is a simple design,the cost will be less, if is a more complex design, the cost will be more.

Another factor is the class and choice of finishings
Are you going to use PVC or POP.
Are you going to use Nigerian made tiles or imported tiles Are you going to screed the walls or just paint?
Are you going to use emulsion paints or satin and other more expensive paints?

There are a lot of variables and should be put into consideration. I conside the ops information misleading and ignorant. It is not detailed enough.

And they said someone earning 600k naira that isn't getting extra income from stealing from his or her employer like most Nigerians do or by engaging in office corruption like most Nigerian civil servants and employees do in Nigeria now can build a bungalow under Tinubu's destroyed Nigeria, I laugh

marlow1962:
Except na African countries you wn go with 30m.

So 30m can't get someone to saner clime? I have seen those with less than that moved to sane countries and after some few years of trying to find their feet, today they are doing well.

Okay, a very nice topic. Thanks OP

Emeskhalifa:
And if I have 30m, I no go use am japa go saner clime ba? House wey u go build finish, bandit go come ransack the place or government sef go come demolish am abi?

Your choice go and never come back ..

fredoooooo:
Your choice go and never come back ..

Have the government not demolished houses worth more than even 30m in this country?

Have bandits and co not ransacked houses worth more than 30m in this country?

With the rising costs of building materials, I don't think even ₦30 Million naira will be enough to accomplish the task

It even gets worse if you have to also purchase the land first

Emeskhalifa:
So 30m can't get someone to saner clime? I have seen those with less than that moved to sane countries and after some few years of trying to find their feet, today they are doing well.

First question,
with that funds are you going legally or illegally?

Second - you get or don't map out your accomodations (if any)

Thirdly- you don't calculate cost of travel for your own country first?

All these things na wertin u gat think of first, and I never mentioned that people who went will not find their feet.

My bro 30m presently no be as e be before o. Just visa/ paperwork and embassy walka self (that's if u dy go legally o) don dy chop close to 5 (if not more than)

samjades:
Hello house,

I’ve noticed many prospective homeowners and "Landlords-to-be" asking the same question every day: "How much will it cost to build a 3-bedroom bungalow in Nigeria right now?"

With the way cement and rod prices are fluctuating, it’s hard to get a straight answer. Some contractors will tell you ₦40M because they want to "chop" your money, while others will give you a lowball quote of ₦10M just to get the job, only for them to start asking for more money once they reach the lintel level.

From my recent research and current market trends, a standard 2-to-3 bedroom bungalow (roughly 120m² - 150m²) on a strip foundation is currently sitting between ₦15 Million and ₦30 Million for a standard finish. Of course, this changes if you are building in a swampy area (pile foundation) or using luxury Italian tiles.

I recently found a very useful tool that helps you calculate these costs based on your specific location and building type. It even lets you choose if you want the price for "Carcass only" or "Total Finishing."

You can check it out here to get a rough idea before you call your architect:

What I like about it is that it includes options for:

Building type (Bungalow vs Duplex)

Foundation choice (Strip, Raft, or Pile)

Finish quality (Budget vs Luxury)

Currency selection (Naira, USD, etc.)

For those who have recently completed their decking or roofing, what are the current prices you’re seeing in your area? Let’s share experiences so we don’t get cheated by "Omo-onile" or dishonest site engineers.

Blessings to everyone trying to own their home this year!

thanks for this vital update sir

Emeskhalifa:
Have the government not demolished houses worth more than even 30m in this country?

Have bandits and co not ransacked houses worth more than 30m in this country?

You wn build 30m house for borno or kwara? Why bandits go ransack your house at the first place? Na only where bandits dy u see land buy?
Nawa for una o

With 16-18m, you’ll be able to build it..

I spent about 17milli to complete mine and that was when cement was 8k/bag… Everything from scratch to finishing. And many things I bought even remain cuz they couldn’t used it all..

Authoreety:
Ok , thank you ...

When Jonathan was presido it wouldn't have been more than 4.5 m

how many did you build that time?,there are people that couldn’t afford bungalow then that are building duplexes now…beg God cos economic situation no Dey affect Gods mercies

Emeskhalifa:
And if I have 30m, I no go use am japa go saner clime ba? House wey u go build finish, bandit go come ransack the place or government sef go come demolish am abi?

that’s how they will use their negativity to discourage others,which house have you built that the government demolish or bandit ransack?
If what you posted is true,apparently you don’t have a house that you are living.

Emeskhalifa:
And if I have 30m, I no go use am japa go saner clime ba? House wey u go build finish, bandit go come ransack the place or government sef go come demolish am abi?

So if you get #30m now, your first thinking na to japa

Lanretoye:
how many did you build that time?,there are people that couldn’t afford bungalow then that are building duplexes now…beg God cos economic situation no Dey affect Gods mercies

Leave ham make pant dey wear ham..

inoki247:
LMAO my house I still dey get something to fix every year...

House project be like church project, e no dey ever finish lolz

Macphenson:
This message is misleading. First of all the location of building the bungalow should be mentioned with the cost. If it is Lagos especially on the Island where you have to do a raft foundation, #30m won't be enough.

Secondly the design of the house is another factor. If it is a simple design,the cost will be less, if is a more complex design, the cost will be more.

Another factor is the class and choice of finishings
Are you going to use PVC or POP.
Are you going to use Nigerian made tiles or imported tiles Are you going to screed the walls or just paint?
Are you going to use emulsion paints or satin and other more expensive paints?

There are a lot of variables and should be put into consideration. I conside the ops information misleading and ignorant. It is not detailed enough.

You did well by elaborating more on the issue. But what's with the ignorant stuff you called the op. You don't need that, he has said his own to where he know, and you also added to it, shikena.

Wow what an amazing app..thanks

It depends on the terrain and locality.

Depending on d kind of building 🏢🏫
2bedroom and parlour selfcon
I, built here
I, spent 1.2m
Half plot of land 300k
Roofing 600k

marlow1962:
Except na African countries you wn go with 30 grand.

Exactly how people put people into fear and discouragement. So if he want to go to Europe he should look for how much? 1billion?

Is this the type of bungalow that someone earning N600k is supposed to build, according to APC Stockholm syndrome justifiers?

Just like that ANRP 2019 presidential candidate who said 10k is enough to feed a family for several months, now that he is Tinubu's aide.



https://www.nairaland.com/8669035/someone-earning-600k-per-month

This one below even said 200k salary can build a house
Bwala was indeed right about what happens to people who join Oshiomole's Assembly of Past Criminals, APC.

madridguy:
10K cannot feed a family but a family with 200K monthly income can build a house.