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Can ₦50 Million Build A Modern 3-Bedroom Bungalow With This Current Inflation? - Properties (11) - Nairaland 3t4z3b

Can ₦50 Million Build A Modern 3-Bedroom Bungalow With This Current Inflation? (35473 Views)

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Cashio(m): 9:55pm On Jan 04
MasterJayJay:

Why didn't you use Gold to design the floor?

Practicing bla bla bla.

Most of the things you listed have cheaper alternative.
you're a fooool. I thought you were sensible enough to be given attention. Get lost and go use 500k for your duplex. Person wey never price bag of cement before go come dey get opinion for issues on building construction. Body go tell you when you start.
MasterJayJay: 10:06pm On Jan 04
Cashio:
you're a fooool. I thought you were sensible enough to be given attention. Get lost and go use 500k for your duplex. Person wey never price bag of cement before go come dey get opinion for issues on building construction. Body go tell you when you start.
Thieves inflating prices like corrupt polithievians.
odimbannamdi(m): 10:30pm On Jan 04
tymicjay77:
It all depends on your taste for finishing and decorations.if you want a standard and quality materials that 50m will not be enough...the following factors actually determine how the money will be dispense
1. The individual handling your project ( forget all those saying you should handle and supervise the project yourself, the truth is it will cost you more if you do that . because if you eventually make an error , whosoever you will call to make amendment for the corrections will over bid you cause you will have no choice.the best is to pick different option of contractor and let the submit their bid trust me you will feel relax.)
2. Go for material that are not too expensive but has durability confidence, example for doors instead of going for high yield steel or aluminum door go for well finished wooden doors, also instead of going for marble tiles go for ceramic tile will nice design,instead of going for conduit electrification laying, transverse you cabling internally in the ceiling and walls.,for the roofing minimize the taper angle and height of the kings pole,you can even settle for flat roofing ,so many ways to reduce cost.
3.avoid giving your project to bricklayer handle ,you will end of spending unforseen expenses trust me...I have handle so many projects that was initially handled by those bricklayer,some out of pity to the client I prefer solution without complete alterations to the already done project... imagine a client call for urgent help on his already built house due to excessive water sipage from the foundation,,the foundation was so bad that differential settlement of the build load( weight ) casing crack on the walls.definite such project need total reconstruction but client are are always sober because of the double expenses. Just saying this because of those saying you should handle the project your self or maybe employed the service of ordinary artisans....

Good points here, bro. Please, are you experienced in building houses with flat roof where one can relax on in the evenings and hand solar s using pipes to act as shade?
darc: 7:48am On Jan 05
odimbannamdi:


Good points here, bro. Please, are you experienced in building houses with flat roof where one can relax on in the evenings and hand solar s using pipes to act as shade?

Nice idea, its workable. you can us for the Architectural Designs.
Lekison(m): 9:55pm On Jan 05
motta:
guy go price materials na that time you go know.
for house wey I dey build on a steady? grin
sommerfeltservi: 9:12am On Jan 06
VaginaAcademic:
Please I need serious advice and breakdown
For your building construction project, Bill of Quantity( *BOQ *or Quotation chat a professional on 08099212590 note BOQ attract a token charges for you to get the accurate Labour and Materials Cost of your Building project thanks in anticipation :Note Serious Customers only . This will certainly give you materials cost and Labour cost
kkonsults: 6:19pm On Jan 08
VaginaAcademic:
Please I need serious advice and breakdown
You can us for Your Architectural Drawings and BOQ
Mirasteel: 5:54am On Jan 18
highchief1:
keep quiet.I used Spanish tiles not aba tiles.only tiling alone took me over 25m.Do u think is what u spend on building Davido will spend.fear go let u buy one light 💡 2m.chandelier.Why do u think eveey duplex is a duplex.
Ignorance
charlsecy(m): 3:09pm On Jan 26
highchief1:
duplex standard 180-200m.
You don't need that much.
highchief1: 3:30pm On Jan 26
charlsecy:
You don't need that much.
so what u spend on ur duplex is what jowizaza will spend on his duplex even tho it’s same size.the way una Dey talk Dey tire person.in this life,there are levels to everything.

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charlsecy(m): 8:19pm On Jan 26
highchief1:
so what u spend on ur duplex is what jowizaza will spend on his duplex even tho it’s same size.the way una Dey talk
How wise you are that jowizaza is a representative example! It's actually ignorant to say a regular duplex costs that much. N60 to N70 million is Ok for a 6-bedroom duplex.

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highchief1: 10:27pm On Jan 26
charlsecy:
How wise you are that jowizaza is a representative example! It's actually ignorant to say a regular duplex costs that much. N60 to N70 million is Ok for a 6-bedroom duplex.
which kind animal be this one.That 70m never reach some pll finish their duplex.go use 4m build your own na.House get grade
TornApart: 3:26pm On Feb 17
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


Lets investigate this costing:

1. The foundation trench you are excavating for a typical 3bedroom flat is roughly 88m.
So looking at this item
Excavation for Foundation: ₦700,000

it means you are excavating 1metre of the foundation trench for about 8k!!! Haba!

2. Let's try the cost of block-wall
Wall Construction (Blocks, Mortar, and Labor): ₦8,000,000

the length of the foundation trench is around 88metre see sample in the attached
The number of blocks required for a typical 3bedroom would be
(88/0.45) = 195.5 (each course of blocks)
Foundation (3 coach)
up to lintel (9 coach)
up to roof beam (3 coach)
in summary 195.5 x (3+9+3) = 2933.3 blocks
Note that I did not remove door and window spaces. I left that to for bad and damaged blocks

You need about 1bag of cement to set 50blocks so the number of cement for block setting
2933.33/50 = 58.66 bags
price of cement is around 10k/bag, blocks is around 650h/block
So for block setting minus sand, water, transport and labour you need
2933.33 x 650 (blocks) + 58.66 x 10000 = NGN2.49m
We have covered about 70% of this cost for blocks and cement yet the poster is budgeting NGN8m for this

3 Also for POP ceiling it is roughly 12k/sqm
Ceiling Work (POP or PVC): ₦1,500,000
11m x 11m x 12000 = NGN1.45m

4 Also for tiling is roughly 12k/sqm
Tiling (Floor and Walls): ₦3,000,000
11m x 11m x 12000 x 25% for walls and skirtings = NGN1.8m as against NGN3m!!!


Verdict: This bill is highly overpriced!

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10kgod(m): 4:26am On Feb 23
An idea cost for pop of 3 beds is needed.
The building has anteroom and each bedroom has its toilet.... Thanks you.

I would like to also know how much the artisan do charge like per day or for full building because the fund on ground isn't that much.

Location is south west.... No Lagos and Ogun states estimations
BigDickProblems: 11:11am On Feb 27
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.
🤔
sommerfeltservi: 10:26am On Mar 01
10kgod:
An idea cost for pop of 3 beds is needed.
The building has anteroom and each bedroom has its toilet.... Thanks you.

I would like to also know how much the artisan do charge like per day or for full building because the fund on ground isn't that much.

Location is south west.... No Lagos and Ogun states estimations
Chat me on 08099212590

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SmartRetailApp(m): 12:11pm On Apr 05
We have good and reliable lands in Ibadan both farmland and residential. Hit me up 08068506972

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