Cost to Build a Two-Bedroom Bungalow in Nigeria
Building a two-bedroom bungalow in Nigeria can be a cost-effective option for individuals and families seeking affordable housing. Many individuals and families alike are eager to be in the know before they can embark on the journey of owning their own house. In this post, we shall be walking you through the major things it will take to own a two-bedroom apartment or bungalow in Nigeria.
The Cost to Build a Two-bedroom Bungalow in Nigeria Varies Depending on Several Factors, Including The Following:
- Location: Building costs differ across regions, with urban areas like Lagos, Port Harcourt, and Abuja typically more expensive than rural areas.
- Materials: Quality and type of materials used, such as blocks, cement, roofing sheets, rods, and flooring.
- Labor: Cost of hiring skilled laborers, including architects, engineers, and construction workers.
- Design: How complex the design is, including features like balconies, verandas, and finishing.
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Here’s a Rough Estimate of The Costs Involved in Building a Two-Bedroom Bungalow
- Land acquisition (plot): NGN2,500,000 (Two million, five hundred thousand naira) – NGN8,000,000 (Eight million naira) depending on location
- Foundation work (excavation, foundation laying): NGN1,800,000 (One million, eight hundred thousand naira) – NGN3,000,000 (Three million naira)
- Building construction (blocks, cement, roofing): NGN4,500,000 (Four million, five hundred thousand naira) – NGN8,000,000 (Eight million naira)
- Finishing work (plumbing, electrical, flooring, painting): NGN2,500,000 (Two million, five hundred thousand naira) – NGN5,000,000 (Five million naira)
- Labor costs (architects, engineers, construction workers): NGN2,000,000 (Two million naira) – NGN4,000,000 (Four million naira)
- Miscellaneous (doors, windows, fixtures, fittings): NGN1,500,000 (One million, five hundred thousand naira) – NGN3,000,000 (Three million naira)
The total estimated cost is within the range of NGN14,800,000 (Fourteen million, eight hundred thousand naira) – NGN31,000,000 (Thirty-one million naira)
Note: These estimates may vary depending on your location, design choices, and other factors like the high volatility in the exchange market.
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Some Tips to Help Minimize Costs
To achieve this, you simply need to consider the following:
- Using local materials and labor
- Opting for a simple design
- Building on a plot with good soil quality
- Negotiating with contractors and suppliers
Remember: This is just a rough estimate, always consult professionals, including architects, engineers, and contractors, to get a more accurate estimate for your specific project.
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