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Nairaland Forum / Nairaland / General / Properties / 6 Tips To Estimate The Cost Of Building A Duplex In Nigeria (24406 Views)
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6 Tips To Estimate The Cost Of Building A Duplex In Nigeria by IronAndSteelPro(m): 9:16pm On Nov 29, 2017 |
I often see inquiries on forums like Nairaland on the cost of building say a 3 bedroom bungalow. This is not an easy question to answer because there are a lot of factors to consider when estimating new home construction costs. So, let's break down the process piece by piece so you have a framework for better estimating your new home construction cost. 6 Tips to Estimate the Cost of Building a Duplex in Nigeria 1. Determine Your Floor Plans Select a floor plan that has been completed by or adjusted by a local general contractor or architect. You can also search online or architectural books to find the plan of your dreams. The floor plan will determine the size, style, quality and features you desire your new home and will be the baseline for your project from here on out. Here are a few ideas for floor plans for home layout. iron rod supply portharcourt 2. Find the Right Builder Next, you should find the right builder or contractor. They should be experienced in building the type of home you want to build. They should be one who routinely constructs new homes that are comparable in size, quality and features to the one you're hoping to build. Finding the right builder is important in maintaining a proper execution, timeline and budget for your new home. They should be able to tell you their cost per square foot to build a house that is similar to yours, and at the same time, should be able to give you an approximate idea of what your home cost might be. You should ask what exactly the construction cost includes. 3. Get an Idea of What Your New Home Construction Costs Per Square Foot I know it is not realistic to arrive at an exact figure for your new home's cost per square feet, but it is possible to get a figure close to it. To calculate this, divide the total cost of your project as outlined by your builder by the total number of square feet in your project. That is, if the area you want to build your new home is 2,000 sq feet and the estimated cost of building a duplex projected by your builder is N4,000,000, the cost per square foot is 4,000,000 divided by 2,000 or N8,000. You can also compare your desired build with houses that are similar to yours constructed recently. They should be similar in size, style, quality and features. Take the price of the house - minus the land it is on - and divide this by the amount of square footage in the home you wish to build. When you do this with a few similar houses, you can know whether the estimate your builder provided is competitive and reasonable. 4. Know What Style, Quality and Features Refer to in Relation to Estimating Your New Construction Costs Size is not the only factor that determines cost of building a duplex in Nigeria, style, quality and features are others too. Style refers to the architecture of the house. Houses that are more square or rectangular costs less to build. Looking at a two story and one story building with the same sq footage, a one story will require a larger roof and foundation. Some houses that need a deeper design might also require a roof with specially designed trusses. The more angle and corners add to the labour, material and price of the construction. Quality refers to the material used for building. These include flooring, paint, 12 and 16mm mm iron rods, cement, doors,windows, etc. The higher the quality, the more costs you will incur. Always check out your options with your builder to get the best opinion. Features refer to design considerations such as vaulted pitches, curved staircases, etc. Each of this additions can increase the cost of building your new home and add to the estimated square footage costs. 5. Leave Room in Your Budget to Accommodate Any Additional Construction Costs Do not forget to include some common expenses such as site preparation, permit fees, time of year etc that can be overlooked but are equally part of the cost of building a duplex in Nigeria. 6. Be Proactive to Avoid Cost Overruns The finished cost of a home is often more than the original estimated build price. Home owners get easily carried away with more beautiful flooring materials, vaulted ceilings etc. Adding these will increase your cost. When something is chosen that is outside the contract this is called a “change order” and if you are working with an experienced builder they should be able to quantify these up-charges for you so you can make an informed decision. Conclusion Start by working with your builder to create as detailed a construction contract as possible. The more detail this contact reveals, the more accurate the cost of building a duplex will be, and the more likely you are to stay within your budget. Some key components to identify in your contract should include: Realistic allowances (Find out more about allowances here) How a garage or basement is might be included/handled in the contract If land is included in the square footage costs Liability insurance costs Utility connection costs Septic system costs Driveway costs Sidewalk costs Landscaping costs Subcontractor costs Green material costs Inflation for a delayed build In the end, it is a good idea to assume an additional 10% to cover unexpected costs, but the right builder should be able to help you stick to your budget. Also, you can always work backwards to keep within your budget. This means knowing what you can spend then designing a house to be built in an area you can afford with the style, quality and features that will fit your finances. 7 Likes 1 Share |
Re: 6 Tips To Estimate The Cost Of Building A Duplex In Nigeria by Rayecl: 6:34am On Nov 30, 2017 |
Hi I am new to this forum, and planning to start a project. Please can someone give rough estimate to build the following in the attachment herewith. this is intended to be built in Kwara State. Thank you in advance. Regards. IronAndSteelPro: 1 Like
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Re: 6 Tips To Estimate The Cost Of Building A Duplex In Nigeria by valentineuwakwe(m): 7:25am On Nov 30, 2017 |
another thing to consider is the contractor and the availability of materials.... 2 Likes |
Re: 6 Tips To Estimate The Cost Of Building A Duplex In Nigeria by SportBlogger(m): 7:25am On Nov 30, 2017 |
Nice 1 Like
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Re: 6 Tips To Estimate The Cost Of Building A Duplex In Nigeria by TonyCizzy(m): 7:26am On Nov 30, 2017 |
Issorite |
Re: 6 Tips To Estimate The Cost Of Building A Duplex In Nigeria by money121(m): 7:27am On Nov 30, 2017 |
Ok
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Re: 6 Tips To Estimate The Cost Of Building A Duplex In Nigeria by dayleke: 7:28am On Nov 30, 2017 |
Nice one bro..... It still boils down to the rising cost of materials.... You get an estimate today, tomorrow e don go up. 4 Likes |
Re: 6 Tips To Estimate The Cost Of Building A Duplex In Nigeria by falcon01: 7:29am On Nov 30, 2017 |
make i carry this sample |
Re: 6 Tips To Estimate The Cost Of Building A Duplex In Nigeria by money121(m): 7:29am On Nov 30, 2017 |
Depend on location.. But if I wey u.. I will.start any amount I have with me.. |
Re: 6 Tips To Estimate The Cost Of Building A Duplex In Nigeria by PqsMike: 7:33am On Nov 30, 2017 |
One of the problem we have here in Nigeria is always trying to cut cost and to always get freebies often....,even at our own detriment. Issue is, A Quantity Surveyor is the only certified professional that can give you all the information you requires as per Building/Construction cost. People asking for a quick estimate online without properly presenting your well dimensioned drawings will only get guess figures. In local construction, after getting an estimate from your Bricklayer or Maybe contractor, it is very advisable you get a proper estimate from a QS without the knowledge of the bricklayer/Contractor. The document will always be a guide for you and you'll use that to monitor your expenses. I'll advise you to get in contact with a knowledgeable and TRUSTED building professional to monitor your project. It pays on the long run. ------------------------------------------------------------------------------------------ For some years now, My team has handled building projects from Design(Architectural/Structural) to construction and supervision. Having gotten most of the project via Nairaland. We will execute your project even in your absence, while minimizing coat and still maintaining a good quality. Check on my profile, you'll be glad you did. 4 Likes
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Re: 6 Tips To Estimate The Cost Of Building A Duplex In Nigeria by Kobicove(m): 7:45am On Nov 30, 2017 |
I'm here to learn |
Re: 6 Tips To Estimate The Cost Of Building A Duplex In Nigeria by MANNABBQGRILLS: 7:45am On Nov 30, 2017 |
Very informative and educative thread.
Thanks OP. |
Re: 6 Tips To Estimate The Cost Of Building A Duplex In Nigeria by saydfact(m): 7:45am On Nov 30, 2017 |
NICE 1 OP |
Re: 6 Tips To Estimate The Cost Of Building A Duplex In Nigeria by money121(m): 7:48am On Nov 30, 2017 |
Okay now |
Re: 6 Tips To Estimate The Cost Of Building A Duplex In Nigeria by propertynigeria: 7:57am On Nov 30, 2017 |
Informative |
Re: 6 Tips To Estimate The Cost Of Building A Duplex In Nigeria by money121(m): 8:02am On Nov 30, 2017 |
Make sense |
Re: 6 Tips To Estimate The Cost Of Building A Duplex In Nigeria by supajizy(m): 8:18am On Nov 30, 2017 |
dayleke:Actually a professional estimate is most likely to give room for inflation. |
Re: 6 Tips To Estimate The Cost Of Building A Duplex In Nigeria by Shawdey(f): 8:21am On Nov 30, 2017 |
Why don't you employ a professional? This is one of the things a Quantity Surveyor is trained to do. |
Re: 6 Tips To Estimate The Cost Of Building A Duplex In Nigeria by jossypet(m): 8:30am On Nov 30, 2017 |
Simply consult a QUANTITY SURVEYOR |
Re: 6 Tips To Estimate The Cost Of Building A Duplex In Nigeria by whyteone: 8:41am On Nov 30, 2017 |
IronAndSteelPro:For every building project,there are two kinds of cost estimates:approximate estimate and detailed estimate.Approximate estimate is a quick estimate which you can obtain by multiplying the floor area of a building by the rate per square metre derived from previous experience of the cost of similar building.It gives you an idea of how much your house could cost so you can budget for it.On the otherhand a detailed estimate is based on properly prepared bill of quantities.This is a document containing measurements of all items required to construct the building.The bill of quantities(BoQ) is a more reliable estimate and is especially important if you intend obtaining a bank loan to build the house. |
Re: 6 Tips To Estimate The Cost Of Building A Duplex In Nigeria by Samyokporua(m): 9:36am On Nov 30, 2017 |
Please I'd love to have an idea of a duplex design I can erect on a 3/4 plot and the cost implication |
Re: 6 Tips To Estimate The Cost Of Building A Duplex In Nigeria by dayleke: 9:41am On Nov 30, 2017 |
supajizy: Okay then. |
Re: 6 Tips To Estimate The Cost Of Building A Duplex In Nigeria by Babs24: 10:07am On Nov 30, 2017 |
Shawdey: @OP, this is the best thing you cab do. Get a quantity surveyor not just for cost optinization but also to get the best value for your money.... Shawdey love how are you? |
Re: 6 Tips To Estimate The Cost Of Building A Duplex In Nigeria by oyepaulkay(m): 10:59am On Nov 30, 2017 |
A bottle of beer for you OP |
Re: 6 Tips To Estimate The Cost Of Building A Duplex In Nigeria by Rick9(m): 11:02am On Nov 30, 2017 |
Nice |
Re: 6 Tips To Estimate The Cost Of Building A Duplex In Nigeria by Raheemzee(m): 11:18am On Nov 30, 2017 |
GO get a Q.S today,so u won't come back here tomorrow to beg for fund to roof ur haus 1 Like 1 Share |
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