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(1) Location
The location of a building inadvertently contributes a lot to the high/low cost of building. The Nigerian case for class has a long way of affecting the cost of building generally, especially Lagos.
(2) Type or Nature of Soil
This is where a lot of people get it wrong and shoot themselves on the foot when planning on building projects. Soil types, strong, mild or very strong generally affect the overall costs of the building. Soils are classified under five main headings.
(3) Access to infrastructure
Proximity of land to good infrastructures like road, water, electricity and others goes a long way in affecting the cost of building a house.
(4) Traffic Access
The human and vehicular access just as explained above can be of great benefit and the influx of people to places like that can also lead to high cost of construction.
(5) Taste, type and Size of Design
High taste demands high cost, your class or status may most likely reflect on the kind of building you want, the type of electrical fittings you want in your house to cater for your utilities, air-conditioner, etc.
(6) The Menace of Omo Onile (Land Owners)
There are cases of “Omo Onile” trying to outstretch the buyer even when you have paid them their illegal entitlements.
(7) Proximity to Institutions
Educational, Health and Religious institutions dot our landscape but what most don’t realize is that they invariably raise the cost of getting lands in their localities.
(8) Commercial Viability of the Area in which Building is Constructed
(9) Quality of the professionals and artisans involved
If you use quacks for your building project, yes at present you will spend less but be aware that before the house is completed or after, you will spend much more if you refused to use a professional.
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