(1) Rent

The location of a building inadvertently contributes a lot to the high/low cost of construction. The Nigerian case for class has a long way to go in affecting the cost of construction in general, especially Lagos.

What’s going on in our urban areas is class segregation, a case where you were once poor and fit into the slums and suburbs or other areas that are less privileged, and suddenly your pocket money changes, the first thing you happens to an average Nigerian is to relocate. Why? because he believes that this is where his class is, the only suitable place for his children’s education, his business, etc.

There is a general belief that when you move among the high and mighty, you become more connected to where the money is and the probability of getting contracts is there. But people don’t realize that you can connect with anyone and make friends more easily in today’s ICT age without having to move.

So when a place is designated as a government reserved area what usually happens is the influx of the rich and this turns even terrible and undeveloped land sometimes into privileged land overnight just because of the class and the oppressive nature of the rich. Craftsmen/construction workers end up getting paid more when building in that area due to the influx of money bags. So you’ll end up spending more money and you won’t get the cheap land either.

(2) Type or nature of soil

This is where many people go wrong and shoot themselves in the foot when planning construction projects. The types of soil, strong, soft or very strong, generally affect the overall costs of the building.
Soils are classified under five main headings.

1) Rocks, including igneous rocks, limestones, and sandstones

2) Cohesive soils, such as clays where the constituent particles are closely integrated and stuck together.

3) Non-cohesive soils, such as gravel and sand, whose resistance depends largely on the granulometry and proximity of the particles.

4) Peat which is low strength decomposed plant matter with a high moisture and acid content.

5) Landfills or conditioned land that may contain waste of one type or another and may cause settlement or stability problems.

When building your house, the nature of the soil on your site will greatly affect your pocket. Find out if the land is the right load type and you’ll cut costs. The people digging the foundation won’t need to dig as far, and the foundation concrete you’ll also use will be minimal compared to the weaker soils. The landfill is the worst place to use because you will need to remove the debris otherwise your foundation will suffer and this will cost you more. The stronger the type of soil, the less money you will spend.

The topography or the level of your land is also very important so that you spend less, in the event that one part of your site is very low compared to the other, this will surely take you more money to manage in terms of block or division . level builds.

Make sure you get to the exact portion of land that is proposed to you, because if you carelessly or inadvertently buy a wet site, you will need to effectively drain the water to increase soil stability, to prevent surface flooding, and to prevent moisture from the surface of interior walls and basements, and also to remove moisture in the immediate vicinity of the building.

I’ve run into a mistake like this before, so I know what it can cost you if you do the same thing. First of all, he may have to fill the land and spend more money, although when he was buying the land in question he paid less and gave you the impression that he would not spend more. But you will regret it unless you are so rich, I have seen first hand experience on this, that is why when buying land it is better to buy in the rainy season to have a chance to access the site in question. Once a client bought a piece of land very cheap but in a very low area which makes his land a track for water drainage, you must witness it when it rains then you can appreciate what I am talking about mind strong currents of water you can bring down a house.

A waterlogged ground will also require reinforcement or iron and concrete which will not be needed by ordinary bungalows in a strong, clear area.

(3) Access to infrastructure

The proximity of the land to good infrastructure such as roads, water, electricity and others goes a long way in affecting the cost of building a house. You may not know, if a dump truck can’t get to your site, you’ll be spending 50% of the money you could have used to bring materials to your site on labor to haul them. For example, taking blocks to the place where they are really needed.
If the water is close by, that’s also a plus. But this also has its own negative effect on the cost of the land, but in the long run it is better to buy where all these services are located.
Note: Consider the cost of running your own pipeline, power poles, and grading or clearing the road.

(4) Access to traffic

Human and vehicular access as explained above can be of great benefit and the influx of people to places like that can also generate a high cost of construction.

(5) Taste, type and size of the design

Good taste demands high cost, your class or status is probably reflected in the type of building you want, the type of electrical fixtures you want in your home to service your utilities, air conditioning, etc. your plumbing accessories to serve jacuzzi, spas, bathtubs, swimming pools, etc. and other accessories for your comfort and convenience can add to the cost of your building.

The type of construction implies that it is a simple bungalow with 2, 3 or 4 bedrooms or it has to be a duplex/mansion. In general, it costs more to build multi-story buildings due to the cost of completing the concrete floors than simply acquiring more land and building on it for the same number of rooms.

In terms of size, the size of the rooms, kitchen and other sizes of purpose areas can even make an ordinary 2-bedroom apartment more expensive for you than another man’s 4-bedroom apartment. Then talk about additional service rooms like study, game rooms, prayer room, extra living, etc.

(6) The Threat of Omo Onile (Grounds)

There are cases of “Omo Onile” trying to pull the buyer even when he has paid his illegal rights. Some can go as high as forcing you to buy back your land entirely. What about selling land purchased by the government to unsuspecting buyers, this is very very common in Lagos, God save you if the government wakes up one day and decides to ask for their land, will you consider yourself lucky if they just ask you? pay or repurchase the land. What happens if you are told to fully evacuate and your building is completely demolished?

(7) Proximity to Institutions

Educational, health, and religious institutions dot our landscape, but what most don’t realize is that they invariably drive up the cost of obtaining land in their localities, due to the influx of people in and out of these various institutions, the Business activities are always positively affected. , thus providing business opportunities to the locals. An obvious example is Canaanland Ota in Ogun State. You can see the visible increase in properties this time a forest suddenly became an investor haven and buildings sprung up in every way.

(8) Commercial Viability of the Area in which the Building is Constructed

(9) Quality of the professionals and craftsmen involved

If you use quacks for your construction project, yes, in presence you will spend less, but keep in mind that before the house is finished or after, you will spend much more if you refuse to use a professional. Talk about the cost of maintaining your house after parking, the quality of design that an architect could have easily given you cheaply, what about the structural layout of the building that a civil or structural engineer could have given you for extra peanuts or a surveyor who will cost your building and know if you are heading to the rock, or the builder who would have ensured your drawing plans are correctly represented or executed and standards are not compromised. Get a professional in the field and let him recommend a craftsman carpenter, mason, etc., or get one yourself or have one recommended to you. You should then make sure to check his previous jobs and confirm that he is good, or tell your professional to follow you and access people. previous job, you should be able to point to one.

(10) Materials

Building materials also contribute greatly to the quality and cost of the house; from what you used in the foundation to the roofing materials, there is always a variety of prices. Even the bags of cement have different prices; what of the blocks; it also depends on the quality; some may sell theirs #10 to #20 as opposed to others due to the rich cement mix ratio and type of sound, while others might double the price of lower quality ones. For example, the price of “BECO BLOCKS” is usually double the common ones in Lagos.
I guess you know that even in roofing there are categories too from ordinary asbestos roofing to modern aluminum prices always vary.

(11) Quality of finishes

There are different types of finishes, which also poses a question of taste and money to spend. Even painting can sometimes cost more than what is required to buy main materials in someone else’s construction. With the advent of more technological advances in building fixtures, where you can now have bulletproof doors and windows with metal detectors, with furniture companies coming out every day with new innovations, it is likely that the cost of finishing in general. cost of your house

(12) Aesthetics

Beauty sometimes goes hand in hand with the complexity of a design, this that you may not know affects the construction cost a lot, especially when the walls of the building are not aligned and the roof is also complex, this can increase the total cost of the building. building.

(13) Time or Duration

When a building takes a long time to complete, there is a tendency to spend more in the long run. Consider the materials that would have spoiled due to a long delay in use on the site, what about the timbers left to rain down, the cement that has spoiled? You may need a few on-site replacements each time you return to continue afterward. a long break.

(14) inflation

Unstable economic conditions and the increase in fuel products also affect construction indirectly through multiplier effects. Remember that fuel-burning vehicles are needed to bring materials to the site.

(15) Security

When the place is near a police station or is noted to be generally very safe, the houses in this area will always rank high.