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Building A House From Scratch Or Buying One? - Properties (4) - Nairaland

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Re: Building A House From Scratch Or Buying One? by texazzpete(m): 10:26pm On Jan 24, 2016
olumide4christ:


At the bolded........ and then paying through your nose for yearly service charges!!! Go find out from those at Lekki Gardens and other estates where those charges are being made. Its more like living in your own house and still paying rent yearly!!

Different strokes.

Peace of mind and improved security cannot be easily monetized. Not to mention extra facilities...most people will not own a gym or a pool in their own houses.

The service charge i pay is a fraction of what I would have been paying as rent in my location.
Re: Building A House From Scratch Or Buying One? by Ischi: 10:30pm On Jan 24, 2016
check out [url]deljconsult.com/buyplans[/url] for building plans and its cost estimate
Re: Building A House From Scratch Or Buying One? by Nobody: 10:58pm On Jan 24, 2016
Jasmine360:
To build a House from Scratch is not easy ooo. Especially in Lagos!

Have you taught about the tedious process you have to go through to verify and buy a well documented Land.

What of the Yoruba Omoniles that make Life unbearable for rich people.(This people are so deadly that if you are not careful you might loose your life fighting them)

The Stress of managing artisans and workmen- Any dull part on your side they will steal your building materials and still complain to you for more money. They can even mess up your work and disappear into thin air.

The Building Approval saboteurs ?Govenment- In some part of Lagos once a truck off loads one trip of sand they will appear demanding for all sorts of Govt. levy to approve your building project. I know someone who spent close to 14million at Ajah last year and till now He hasn't gotten up to Decking Level.

The 419ners - This are people parading to help you. They could even be your blood relatives here in Nigeria. Once you tell them you are planning to build a house- They start conspiring evil thought on how to rip you off. If you are not careful they will arrange clowned papers and bring in fake elders to parade as real owners of the Land.Shine your eyses ooo!

It pays to buy at times because building from scratch is not for everyone. If you can't face the heat in Lagos Please go and negotiate and buy a good property(There are thousands of well planned and tastefully finished Houses).


We take the stress out of your mind - some our houses are here:http://rovalink.estateagentsng.com/for-sale

Good soup Na money kill am!
you can advertise sha.you made good points
Re: Building A House From Scratch Or Buying One? by seaga: 11:19pm On Jan 24, 2016
It's relative . But to buy is better if you want to live longer . believe me stress of acquiring a land is crazy and dangerous, to build it is another case.The engineer would always short change in the quality of the decking especially, and most likely for a novist.but buying you can get experts to access before buying, stress free.It really noteworth to buy

1 Like

Re: Building A House From Scratch Or Buying One? by Nobody: 11:23pm On Jan 24, 2016
texazzpete:
It all depends.

Because for me, I'm pretty much determined to live in an estate type arrangement with central power and utilities and central security. Most estates don't give you the building from scratch option.

What does it benefit me to be 'building to taste' yet be queuing up to buy fuel for my generator? cheesy

Beautiful point. I have exactly the same plan in mind. All these 'build to taste ' comments I find ...

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Re: Building A House From Scratch Or Buying One? by Nobody: 11:36pm On Jan 24, 2016
thirdeye:
You can go through my old post

To build a house or to buy one which is better
Buying a land or building your house afresh which will you prefer? Not a few people have reached crossroads over this decision, side by side we will consider the advantages of one over the other.

1)Ongoing building may collapse .A standing house may not likely collapse, for one it is standing for the period of you acquiring it.

2)Substandard materials may have been used for a standing building while you can actually monitor materials used for an ongoing project.

3)Fresh building can be easily customised or designed to suit your taste perfectly. With A standing building you can achieve little with changing or remodeling.

4)A bad contractor may do you in when you are building a fresh house, you can easily detect a badly built house and avoid it when you want to buy one.

5)You can choose from a variety of what is available in market and in your preferred location,depending on the size of your purse . But you are only constrained to one design the moment your house is already built, no going back.

6) A lot of problems are encountered by people building these days one of them is the town planning permits/government allocation. You may have problems getting approval for the building project, but already built one is most likely approved, so you don’t need to bother yourself about town planning authority.

7)Building a house afresh is most likely going to cost you less especially if well managed while buying one from an agent/real estate person will cost more because those that builds also expect large profits for their project.

coolYou will avoid great stress of monitoring your building project.

9)If you want to move in very fast then you need to buy rather than build.

10)Rate of development is probably slightly higher where you already have a completed and standing building.

11)When you buy then you must have cut contractor from cheating, the only person that can cheat you then is the property seller.

12)If you buy a house then you have avoided harrasment from omo onile and area boys.

13)For an ongoing project you have the choice of materials you’ll like to use for your house and is also easily modifiable but for a standing building, materials have already been applied.

http://buildingcontractorsecrets.com/2008/03/to-build-house-or-to-buy-one-which-is/

When you consider the case of buying one of the houses in estates in Lagos such as Festac, FHA, Abesan Estate etc., then the argument in favour of buying over building greatly increase.

The quest to build has turned many to villagers, building houses in remote parts of Ogun state... constantly faced with security problems... traveling great distances to get to work... getting separated from friends and families... I could continue...
Re: Building A House From Scratch Or Buying One? by kamez(m): 11:38pm On Jan 24, 2016
building is actually the best. because u can build to it taste..

but sometimes you might be unable to get a vacant land at the preferred place you would like...

let's say ur dream is to have a house in VGC.. where u wan see the vacant land buy?

so in such a scenerio, u have no choice but to buy.
Re: Building A House From Scratch Or Buying One? by yaudee(m): 11:50pm On Jan 24, 2016
SYLVESTER777:
I know somebody who is asking this question-which is better to build a house from scratch or buy one?Respond and give reasons -urgent.
Building from scratch is better because you will build to your on satisfaction and no demolition, is to your best plan and depending on how your incomes comes, it can be bit by bit, but buying a building is more cheaper if you have money at hand.
Re: Building A House From Scratch Or Buying One? by sampsondeen(m): 2:07am On Jan 25, 2016
Coolgent:
am currently building my own rather than buying it.

I SMELL LIES
Re: Building A House From Scratch Or Buying One? by Nobody: 2:43am On Jan 25, 2016
kamez:
building is actually the best. because u can build to it taste..

but sometimes you might be unable to get a vacant land at the preferred place you would like...

let's say ur dream is to have a house in VGC.. where u wan see the vacant land buy?

so in such a scenerio, u have no choice but to buy.

You can buy, demolish and build.

1 Like

Re: Building A House From Scratch Or Buying One? by ALIMINE(m): 7:56am On Jan 25, 2016
If you are one of the beneficiaries of Dasukigate who needs to tie your loot, quickly buy one in my name. Need I remind you to pay cash cos I don't want anyone linking your account to mine.
Re: Building A House From Scratch Or Buying One? by truthfulguy: 9:04am On Jan 25, 2016
I understand all the comments about saving money but those talking about taste, una never see houses for sale wey pass your taste. If you have good money, you can get your taste.

How many of you wont like a Linda kind of house?
Re: Building A House From Scratch Or Buying One? by Nobody: 9:17am On Jan 25, 2016
truthfulguy:
I understand all the comments about saving money but those talking about taste, una never see houses for sale wey pass your taste. If you have good money, you can get your taste.

How many of you wont like a Linda kind of house?

Me.

I like to live near my neighbors, not with them.
Re: Building A House From Scratch Or Buying One? by justmi1: 10:32am On Jan 25, 2016
well.... it all depends on some factors...while building a house from the scratch is better as it offers you flexibility of design among others, if my QS and valuer believes the built house is worth far more than the asking price, then its a good deal...# cost VS Benefits analysis...shikena
Re: Building A House From Scratch Or Buying One? by mhuyil: 11:01am On Jan 25, 2016
Build. The joy in building, supervision, amendments, .... I am enjoying it.
Re: Building A House From Scratch Or Buying One? by Olamidas(f): 1:32pm On Jan 25, 2016
When u build, u build to ur taste and it is economical but when u buy, it is ready made and u avoid d troubles of these so called "omo oni le" dat sell a land to abt 5 ppl.
Re: Building A House From Scratch Or Buying One? by Cavenchy(m): 3:25pm On Jan 25, 2016
The choice would depend on a lot of factors. And you have not given adequate information for the advise to be properly channeled accordingly. However, for general discourse, the choice to build a house or buy an already made one would depend on the priorities of the intended user. it's as easy as deciding if you should buy a dress or get a bespoke tailor to design one.

I think 3 things need to be placed into consideration, Budget, Time and Taste. Like every project, the concepts of Time Quality and Cost would play with your intellect a little bit, but one has to be sacrificed for the others to work.

BUILDING ONE
TASTE
Are there available vacant lands in the area of choice to build one from scratch and is your design actually buildable using readily available building technology?

BUDGET
Is the intending party able and/or ready to commit resources to build to taste?

TIME
How urgently is the house needed. Do you have the patience to wait till one is built to the above taste and budget?

BUYING ONE
TIME
Would you be patient enough to wait till you find your dream house on the market to actually get and own one? Would it take you as long as it would, if you had to build one yourself provided its possible to do so?

BUDGET
Can you afford an already built property that meets all your tastes even if it stretches your budget?

TASTE
Lets say after the two points above, you found one and you can afford it, great. Is it in your ideal location and design? Would you be ready to compromise on your taste to get what is available? It might be close but it might not be the same as what you had in mind, some get better, some get discontent.


In general, see this as shopping for clothes and you cant be wrong. Customized things are always desirable, but other factors could make you chose one that already exists. Its all in the priority of the end user.
Re: Building A House From Scratch Or Buying One? by skj2016: 4:01pm On Jan 25, 2016
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Re: Building A House From Scratch Or Buying One? by Jasmine360(f): 10:34am On May 04, 2016
Lovely 4 Bedroom Semi Detached Duplex With 1 Room Bq

This house is a rare master piece- well planned by one of Nigeria’s best engineers. Inside the estate has a total of 12 units available for sale. Located in the heart of Abijo. You will love the edifice as the buildings are built to international standard with luxury materials & estate facilities to enjoy.

Tastefully finished 4 Bedroom Semi Detached Duplex (All En-suite) with Jacuzzi, Fitted Kitchen, Central Multi Media System, Ante Room, Family Lounge and BQ.
Title: Governor's Consent

Property Features:

5 toilets, 4 bathrooms with 1 room bq,
All Rooms En-suite
Air conditioners installed already
Dstv & CCTV cables installed
Fitted Kitchen with corian counters, Gas Cooker & Extractor
Microwave machine installed
Turkish Security Doors
Sitting rooms (Ground and first floor)
Smoke Detector
Excellent drainage facility
Parking space for 5 cars
Cable television connections
microwave and washing machine installed
Gate House
Sports facility & children’s playground available
Central over head Water Tank with borehole
Well paved road
Granite, vitrified, and ceramic tiles wall finishing
247 Power supply
320sq meters

For inspection & details call 08034657590

Re: Building A House From Scratch Or Buying One? by gist4kidsblog: 7:52am On Oct 03, 2016
Shingles Design

Black and White

Quotation for Shingle black and white


Roofing 462sqm*2,800=1,293,600

ACCESSORIES

Ridges caps 100m*1600=160,000
Valley gutter 30m*1500=45,000
Bash board. 7m* 1600=11,200
nails 5packs*8,000=40,000
sealant 3sets*5000=15,000
Installation fees 462sqm*200=#92,400
Transportation and loading =#22,500

Grand total=#1,679,700

Location: Lotto Simawa in ogun state

Duration : 30-09-2016 to 02-10-2016

NOTE: Shingle Design is now #3,200 persqm due to the exchange rate in the country (Nigeria)

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Re: Building A House From Scratch Or Buying One? by wunderkiind(m): 5:25pm On Jun 04, 2017
both

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