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Nairaland Forum / Nairaland / General / Properties / Can ₦50 Million Build A Modern 3-Bedroom Bungalow With This Current Inflation? (32586 Views)
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Re: Can ₦50 Million Build A Modern 3-Bedroom Bungalow With This Current Inflation? by westlius(m): 7:45pm On Jan 02 |
You need 4,000 to 5000 blocks. 6 inches block 1 bag of cement gives you 45 blocks, You need 112 bags to get 5,000 blocks Finishing (interior) can be expensive or cheaper depending on your taste. 50 million will build 2 of these house minus land and get change is your finishing standard isn't too high 3 Likes |
Re: Can ₦50 Million Build A Modern 3-Bedroom Bungalow With This Current Inflation? by KIDfurniture(m): 7:46pm On Jan 02 |
3 Likes |
Re: Can ₦50 Million Build A Modern 3-Bedroom Bungalow With This Current Inflation? by lanre80(m): 7:46pm On Jan 02 |
highchief1: What a perfect answer. If you have not been there, you can never know 1 Like |
Re: Can ₦50 Million Build A Modern 3-Bedroom Bungalow With This Current Inflation? by Femabol01: 7:47pm On Jan 02 |
VaginaAcademic:You can contact me for professional advice. Get your architectural drawings and forward to me so that I can produce a workable Bill of Quantities for you. I just completed a standard 3 bedroom bungalow, 3KVA inverter, car park, security house, 15kva generator, fencing, borehole, landscaping and furnishing with about 80 million. Let's work according to your budget. Kindly avoid guess work. 3 Likes 1 Share |
Re: Can ₦50 Million Build A Modern 3-Bedroom Bungalow With This Current Inflation? by thatigboman: 7:47pm On Jan 02 |
post=133552450:MANNABBQGRILS's are u the op? The topic is rocket science? Yours is to only to comment on the topic, if you know anything about yourself, not to act to lord and saviour on something that doesn't concern you 4 Likes |
Re: Can ₦50 Million Build A Modern 3-Bedroom Bungalow With This Current Inflation? by DuttyChuks: 7:48pm On Jan 02 |
post=133552450:As per say na your papa get nairaland 3 Likes |
Re: Can ₦50 Million Build A Modern 3-Bedroom Bungalow With This Current Inflation? by Yvngex(m): 7:48pm On Jan 02 |
VaginaAcademic: Please someone like my comment so I can always come back here to get updates on the posts. 3 Likes |
Re: Can ₦50 Million Build A Modern 3-Bedroom Bungalow With This Current Inflation? by motta(m): 7:48pm On Jan 02 |
kings59:where you dey ? Only lintel self na 5m not to talk of roofing , we never even talk of setting of blocks , finishing never even dey . 2 Likes |
Re: Can ₦50 Million Build A Modern 3-Bedroom Bungalow With This Current Inflation? by Jorussia(m): 7:48pm On Jan 02 |
highchief1:If land is available.50m will deliver very standard 3 bedroom bungalow.The most expensive thing there is the roofing.He even said 3 bedroom self.I did estimate recently for a basic standard 3 bedrooms 2 flats and it was around #35m. 5 Likes |
Re: Can ₦50 Million Build A Modern 3-Bedroom Bungalow With This Current Inflation? by ChikezieU(m): 7:48pm On Jan 02 |
kings59:please stop saying what you don't know or rather what is unrealistic 3 Likes |
Re: Can ₦50 Million Build A Modern 3-Bedroom Bungalow With This Current Inflation? by latiephwald(m): 7:48pm On Jan 02 |
kings59:Na kid dey talk 3 Likes |
Re: Can ₦50 Million Build A Modern 3-Bedroom Bungalow With This Current Inflation? by decatalyst(m): 7:48pm On Jan 02 |
Forumites: Possible about 2yrs ago bro. To electrify a 3bed, with good material, it will cost you nothing less than 2m. I am saying because I have been there. A block is now btw 650-850...something of less than #200 2yrs ago. 1 Like |
Re: Can ₦50 Million Build A Modern 3-Bedroom Bungalow With This Current Inflation? by DarlingtonC: 7:50pm On Jan 02 |
A lot of expenses here can be reduced by 50 percent Ynix: 14 Likes |
Re: Can ₦50 Million Build A Modern 3-Bedroom Bungalow With This Current Inflation? by Sugarboyy(m): 7:51pm On Jan 02 |
highchief1:I have currently spent more than 30m in my new 4 bedroom bungalow, and it seems I'm just starting 😭 5 Likes |
Re: Can ₦50 Million Build A Modern 3-Bedroom Bungalow With This Current Inflation? by Father4all: 7:52pm On Jan 02 |
If you are wise 10 millions will do it after getting land 3 Likes |
Re: Can ₦50 Million Build A Modern 3-Bedroom Bungalow With This Current Inflation? by HitRun(m): 7:53pm On Jan 02 |
Forumites:Because cost of materials have skyrocketed. That is why. |
Re: Can ₦50 Million Build A Modern 3-Bedroom Bungalow With This Current Inflation? by decatalyst(m): 7:53pm On Jan 02 |
Forumites: Why not? Cost ni. Check price of building materials in the market |
Re: Can ₦50 Million Build A Modern 3-Bedroom Bungalow With This Current Inflation? by Sugarboyy(m): 7:53pm On Jan 02 |
DarlingtonC:My brother, if you haven't, please try and start a building project. You will come back here and change this stance of yours. Even 60m excluding land won't build it 2 Likes |
Re: Can ₦50 Million Build A Modern 3-Bedroom Bungalow With This Current Inflation? by ChikezieU(m): 7:53pm On Jan 02 |
VaginaAcademic:it depends on the quality of the finishes/installation...we can produce a bill for you and drawings(if you don't have drawings already) with a professional input to what you actually want to achieve a realistic solution |
Re: Can ₦50 Million Build A Modern 3-Bedroom Bungalow With This Current Inflation? by Bluffly: 7:53pm On Jan 02 |
Very well. Your aesthetics is also a determinant |
Re: Can ₦50 Million Build A Modern 3-Bedroom Bungalow With This Current Inflation? by Ganjafama(m): 7:53pm On Jan 02 |
Sugarboyy:You added screeding/painting and furniture. You can choose to paint without screeding. Also, I think you should omit furniture for the meantime. |
Re: Can ₦50 Million Build A Modern 3-Bedroom Bungalow With This Current Inflation? by OBA117(m): 7:54pm On Jan 02 |
That amount will buy you a good house in Lagos mainland. Most especially in Ikorodu. |
Re: Can ₦50 Million Build A Modern 3-Bedroom Bungalow With This Current Inflation? by Jorussia(m): 7:55pm On Jan 02 |
motta:parraflex and roofing go chop reach #15m.If u get land and give me 35m I go deliver a very standard 3 bedroom bungalow.P.O.P and art work,#2.2m go do am. 3500 blocks go build 3 bedroom bungalow. |
Re: Can ₦50 Million Build A Modern 3-Bedroom Bungalow With This Current Inflation? by Yemade029: 7:55pm On Jan 02 |
DarlingtonC: Exactly, cause I dont understand how you will pay labour 2m, just for foundation work alone 7 Likes |
Re: Can ₦50 Million Build A Modern 3-Bedroom Bungalow With This Current Inflation? by ElevationD: 7:55pm On Jan 02 |
harqinhola: With plenty of change if on very good soil. Use that for a four bedroom duplex instead. 2 Likes |
Re: Can ₦50 Million Build A Modern 3-Bedroom Bungalow With This Current Inflation? by Skydivine: 7:56pm On Jan 02 |
DarlingtonC: You are right. The labor cost in most of the estimated quote is too high. Imagine digging just foundation of a 3 bedroom for #700k . Who does that? 6 Likes |
Re: Can ₦50 Million Build A Modern 3-Bedroom Bungalow With This Current Inflation? by Gaskiya77: 7:56pm On Jan 02 |
Come to my village and build.it is far cheaper |
Re: Can ₦50 Million Build A Modern 3-Bedroom Bungalow With This Current Inflation? by Sugarboyy(m): 7:56pm On Jan 02 |
westlius:45 blocks for a bag of cement is not advisable. It should be 35 or highest 40 blocks 3 Likes |
Re: Can ₦50 Million Build A Modern 3-Bedroom Bungalow With This Current Inflation? by thatigboman: 7:56pm On Jan 02 |
DuttyChuks:he feels like lord and master of nairaland because no one can quote him by his username. As I quote, check you will see that your username appears in my post but once you quote him or write his name in your post yhe name disappears. So as they are they are treating like their lord and master, he can say any derogatory thing to anyone and nothing will happen. He has a 2nd username NLPolicewoman that will come for you if you quote him and tell him the truth too. 2 Likes |
Re: Can ₦50 Million Build A Modern 3-Bedroom Bungalow With This Current Inflation? by NLPoliceWoman: 7:56pm On Jan 02 |
Didijiji:Mynd44 Dominique Justwise. Rule 1. Rule 2. |
Re: Can ₦50 Million Build A Modern 3-Bedroom Bungalow With This Current Inflation? by liver123(m): 7:57pm On Jan 02 |
Yes it can, give me the project let me handle it for as an engineer. 1 Like 1 Share |
Re: Can ₦50 Million Build A Modern 3-Bedroom Bungalow With This Current Inflation? by NLPoliceWoman: 7:57pm On Jan 02 |
BABANGBALI:Mynd44 Dominique Justwise. Rule 1. 1 Like 1 Share |
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