First of all this is an estimate, and like every estimate don’t expect it to be exact, it won’t, it may be slightly more or less when it comes to what you eventually spend at the end. But it will certainly help know theamount of money you should budget.
When it comes to the amount of money required to build a house in Nigeria, there are some things you need to consider first. This things are important because it can either decrease or increase the amount of money you spend.
Estimated prices of Lands in Nigeria per plot
You should probably consult a land agent that is present in any state you want to buy from, for the exact prices of lands and its location. (or I can recommend one in your state)
South: Here you have the
South South comprising of Rivers, Delta, Cross river, Akwa Ibom, Edo and Bayelsa states.
Lands here minimum 1million to 20m and above.
Some states like Rivers state and to an extent Delta are quiet more than that.
South East : Abia, Anambra, Imo, Ebonyi states a minimum of 1 to 15 million Naira and more.
South West minus Lagos : Ekiti, Oyo, Ogun, Osun states.
Minimum of 500k to 12 million Naira.
Lagos : Depends on area but you should hold a minimum of 10 to 20million.
North Central : Kogi, Niger, Benue, Kwara, Plateau, Nassarawa minus the Federal Capital Territory.
Minimum of 100,000 to 1million
FCT : 30 to 50million minimum.
North-Eastern States: Taraba, Borno, Bauchi, Adamawa, Gombe and Yobe State.
Minimum of 100,000 to 1million.
North-Western States: Kaduna, Kebbi, Zamfara, Sokoto, Kano, Jigawa and Katsina State.
Minimum of 100,000 to 1million Naira.
2. Type of soil
Having settled for a land is time to know the soil texture. Because th cost of building depends largely on this aspect. For example consider the cost of building 3 bedroom flat on on two lands. Land A contains too much moisture and it is largely wet, while land B is a normal loamy type f soil.
That is if for example land A requires 10 trips of concrete stones and 10 trips of sand just for filling, then land B will take only 5 altogether.
3. Type of building
For example for a modern 3 bedroom bungalow built in Umuahia with the following specs
3 bedrooms of 12′ x 12′
3 toilets of 6′ x 8′
1 kitchen 10′ x 10′
1 store 6′ x 6′
1 dinning 10′ x 10′
1 circulation 6′ x 14′
1 living room 14′ x 16′
setting out : 20,000 Naira
excavation : 40000 Naira
foundation footing: 60000 Naira
foundation wall : 200,000 Naira
DPC : 400, 000 Naira
TOTAL FOUNDATION : 820000 Naira
wall of 3m high = 700000
lintel/ head course/concrete facial = 300000
roof truss : 400000( materials & workmanship)
roofing sheet: 200 000 Naira ( long span aluminum roofing)
ceiling : 190000 Naira ( pv ceiling)
ROOF TOTAL = 790000 Naira.
plastering/renderings : 400, 000 Naira
floor tiles : 250000 Naira.
painting: 250000 Naira
Windows : 250000 Naira
doors : 250000 Naira
TOTAL FINISHES : 1.4million Naira
total = 4million Naira.
4 million Naira built a 3 bedroom Bungalow, the same amount won’t build a 3 bedroom twin duplex (not decked). Because technically a 3B twin duplex is two 3 bungalows joined together.
So types of houses is important. If you would like to know the various type of houses in the country you should read up Types of houses.
Laborers may decide to make 5 head pans 10, and then charge you for 10 head pans, at the end of the day you’ll be paying for work not done, but a supervisor can detect that, or any other form of deceit for that matter. This will reduce your cost.
You’ll consider doors too, iron vs woden doors, windows, paint and electrical wiring.
Also read up on the cost of decking a house in Nigeria