I checked your last 3 years video of the cost estimate for your 6 bedroom house, it cost around $48000 today, This house cost around $20k. It seems now is the best time for us diasporans to start that project.
Yes, for those who earn in foreign currency, it is actually cheaper to build now. Even though the prices of building materials have increased, the exchange rate has trippled giving foreign currency holders 3x more Naira for their dollars, pounds and euros. I talked about it more in the following video: th-cam.com/video/jv4xxnSIX_4/w-d-xo.html
hmm... am really sweating here oo. yet to buy a land, then start building, with this tinibunomics. God, into your hands i commit myself... welldone ma, this will go a long way in gingering my hustle. Thanks
Great presentation. Detailed, direct, and easy to follow and understand. On a side note, people asking for your services to build for them is a vote of confidence on your capabilities. Demand and supply. You have a market.
Building for people from the diaspora is a serious business opportunity with challenges in the Nigerian market that will come with a lot of headaches. If one can’t find the time to do it full time for others it’s not worth the risk.
Thank you Skyman. Yes, such emails come from people who even before sending me an email, have already heaved a sigh of relief that finally, they've found who will build their house. I need to make the PSA because I don't offer such a service.
OMG! I love your encouragement to embark on project for someone's bright future. Infact, your hardwork encouraged me alot to embark on building a commercial house but stage by stage based on my earnings & savings. Thanks so much Mummy Flo.
Detailed breakdown. Awesome work. I understand you don;t like to go into plumbing finishings tiling lighting electrical etc, but these are equally extremely important parts of a building project these days. And people are clueless and get taken advantage of. Going over "basic" tiling, finishings, floor stamping, pop prices etc in subsequent videos would make your content gold. Especially these days
She can't do this cost cost varies based on quality! Tiling could go for 15k/sm up to 100k per sqm depending on quality. So I think clients should say their budget
@@ighomercy5024 that why I suggested “basic” costs. Just the Average tile and finish prices. E.g 50k per square meter. People can then adjust higher or lower based on their taste and budget. But they’ll have the “basic-cost”. That’s what I mean.
I'm going to embark on my first of many building projects in Nigeria. A land in ABJ and in the East. I'm building 5 bedroom duplex on both. Crazy undertaking because I want to be involved in the projects instead of just giving away money and hoping it'l turn out great when I come back. Hoping to have the one in the East ready by Dec 2026
As an architect, I encourage clients to also be physically involved in their building projects.. sometimes, changes needed to made during construction that could affect the cost of aesthetics of the building
Well done madam. Your pieces of information are really accurate. I'm an Architect involved in design and build. It's good you pointed out the fact that cost is always tied to type of soil, design and quality of finishes! These items determine cost because some 4 bedroom duplex can cost more or less. Eg. A 4 bedroom duplex can cost #100m or more. At times also Architects can design according to target cost. So design and nature of soil is the starting point when it comes to cost.
Yes ooo, the cost of foundation in some places in Lagos can build this cacass in Eastern Nigeria. That's why when people call Lagos landlords greedy I laugh. I'll like to see your work, I may need your services. Pls send me an email with your portfolio: floflofinance@gmail.com
😂😂😂❤❤❤Flo, job well done. Appreciate your efforts to put this together, makes millions to many novices like me. Not withstanding your efforts pay off and helps guiding others spend ❤less money and wahala with friends, family members chaotic. ❤❤❤
Nice video but the price can be misleading a bit because cost of labor was not added and it will definitely jack up the ground total. So please try adding that to future videos .thank you
The only people that will be misled are those that skipped the part of the video where I gave details of what and what are covered by the cost estimate in this video. If one watches everything, they will gain all the information.
Weldon, what is regularly referred to as a parapet is actually a concrete facial. Also, DPC is not the ground floor slab; it's a waterproof course between the floor slab and the block wall.
If you are a professional, don't dwell too much on the lingo I use for these things. Yes, it's concrete fascia but try saying that at a building site in Nigeria. 😂 I use the popular lingo to avoid getting multiple questions here. This house is not even a duplex but even architects follow dey call am duplex now because try telling a client that it is not a duplex. Chai o!
I have been following your videos for some time now (since I'm preparing to start my building project). However, somehow uncertain whether to settle for a 3 or 4 bedroom duplex. I'll appreciate your advice Flo
This is one decision you have to take by yourself because you alone (and other stakeholders) know the amount of space you need. If a 3 bedroom duplex will be sufficent for your needs, go for it. If you don't want a situation whereby tomorrow you start saying: had I known, I would have built a 4 bedroom duplex, go for a 4-bedroom because there's not much difference between the two in all aspects: from the cost to the space they would occupy.
Before one can do that, the building needs to be inspected to determine the extent of renovation required. So it is best to contact a builder that can visit your work site to do that for you.
When renovating old building, it is best to carry out a non destructive test (NDT) to ascertain the safety of existing structural members such as the columns (pillars) and beams) etc in order to avoid collapse of your structure during or after renovation because you never can tell the safety of the previous work
In Nigerian parlance which means most Nigerians refer to a detached house as duplex. Watch this video: th-cam.com/video/jv4xxnSIX_4/w-d-xo.html for more context.
A friend just finished a 4 bedroom duplex and it cost him N36m just to roofing stage. He did say the without some misc expenses he could have knocked off N1.5m-2m.
😂😂😂❤❤❤Flo, job well done. Appreciate your efforts to put this together, makes millions to many novices like me. Not withstanding your efforts pay off and helps guiding others spend ❤less money and wahala with friends, family members chaotic. ❤❤❤
Yes, your estimate is up to date. Foundation stage for a 5 bed duplex cost me a little over N6M. Keep up the good work.
Thank you. More grease to your elbows. May the wherewithal for your house continue to flow in till completion.
I checked your last 3 years video of the cost estimate for your 6 bedroom house, it cost around $48000 today, This house cost around $20k. It seems now is the best time for us diasporans to start that project.
Yes, for those who earn in foreign currency, it is actually cheaper to build now. Even though the prices of building materials have increased, the exchange rate has trippled giving foreign currency holders 3x more Naira for their dollars, pounds and euros. I talked about it more in the following video: th-cam.com/video/jv4xxnSIX_4/w-d-xo.html
Straight to the point, No Sugar coating. This presentation is Logical.
I AM ABOUT TO COMMENCE WORK ON A SIMILAR PROJECT. THIS VIDEO HAS BEEN A VALUABLE RESOURCE. THANK YOU SO MUCH MA.
hmm... am really sweating here oo. yet to buy a land, then start building, with this tinibunomics. God, into your hands i commit myself...
welldone ma, this will go a long way in gingering my hustle. Thanks
Great presentation. Detailed, direct, and easy to follow and understand. On a side note, people asking for your services to build for them is a vote of confidence on your capabilities. Demand and supply. You have a market.
Building for people from the diaspora is a serious business opportunity with challenges in the Nigerian market that will come with a lot of headaches. If one can’t find the time to do it full time for others it’s not worth the risk.
Thank you Skyman. Yes, such emails come from people who even before sending me an email, have already heaved a sigh of relief that finally, they've found who will build their house. I need to make the PSA because I don't offer such a service.
@@alvanalvino for me, not just time, I am not even qualified to do that.
OMG!
I love your encouragement to embark on project for someone's bright future.
Infact, your hardwork encouraged me alot to embark on building a commercial house but stage by stage based on my earnings & savings.
Thanks so much Mummy Flo.
That's the way to go about it. Good Luck. ❤
I suggest you go into contract building as a business as you already have a market for it including myself
Hmmm building in Nigeria now is battle ground oh
Detailed breakdown. Awesome work. I understand you don;t like to go into plumbing finishings tiling lighting electrical etc, but these are equally extremely important parts of a building project these days. And people are clueless and get taken advantage of. Going over "basic" tiling, finishings, floor stamping, pop prices etc in subsequent videos would make your content gold. Especially these days
She can't do this cost cost varies based on quality! Tiling could go for 15k/sm up to 100k per sqm depending on quality. So I think clients should say their budget
@@ighomercy5024 that why I suggested “basic” costs. Just the Average tile and finish prices. E.g 50k per square meter. People can then adjust higher or lower based on their taste and budget. But they’ll have the “basic-cost”. That’s what I mean.
I appreciate your dedication in delivering these informations to us! Thank you!
Nice video, can't wait for the comparison between duplex n bungalow video?
I can't wait either
I'm going to embark on my first of many building projects in Nigeria. A land in ABJ and in the East. I'm building 5 bedroom duplex on both. Crazy undertaking because I want to be involved in the projects instead of just giving away money and hoping it'l turn out great when I come back. Hoping to have the one in the East ready by Dec 2026
As an architect, I encourage clients to also be physically involved in their building projects.. sometimes, changes needed to made during construction that could affect the cost of aesthetics of the building
I really love your break down I appreciate the work you put into it ❤
My pleasure.
Good job, Flo. It would be nice to have an estimated Labour cost to augment the "total cost of building the 4-bedroom duplex". Thanks :)
Please don’t forget to make the comparison video between the bungalow and the duplex
Nice detailed video. Succinct and concise. Well done, Flo
Welcome back my mentor. We missed you. Kudos
Thank you.
you are doi g a good job. i will use your costing plan to judge my engineers next year
Thanks so much ma
Now I see I can do my house at ease I’m equal to the task 😊
Very informative. Thank you Flo!
So what’s the estimate for plastering, electric, plumbing.
GOD BLESS YOU FOR THIS WONDERFUL INFORMATION
Well done madam. Your pieces of information are really accurate. I'm an Architect involved in design and build. It's good you pointed out the fact that cost is always tied to type of soil, design and quality of finishes! These items determine cost because some 4 bedroom duplex can cost more or less. Eg. A 4 bedroom duplex can cost #100m or more. At times also Architects can design according to target cost. So design and nature of soil is the starting point when it comes to cost.
Yes ooo, the cost of foundation in some places in Lagos can build this cacass in Eastern Nigeria. That's why when people call Lagos landlords greedy I laugh.
I'll like to see your work, I may need your services. Pls send me an email with your portfolio: floflofinance@gmail.com
Thank you very much. This is very helpful.
Good analysis well done🎉
Thanks for sharing this video Nice one 👍
😂😂😂❤❤❤Flo, job well done. Appreciate your efforts to put this together, makes millions to many novices like me. Not withstanding your efforts pay off and helps guiding others spend ❤less money and wahala with friends, family members chaotic. ❤❤❤
Perfect, very encouraging. Thanks a lot
Nice video but the price can be misleading a bit because cost of labor was not added and it will definitely jack up the ground total. So please try adding that to future videos
.thank you
The only people that will be misled are those that skipped the part of the video where I gave details of what and what are covered by the cost estimate in this video. If one watches everything, they will gain all the information.
God's willing will contact you when I start building my house next year
Weldon, what is regularly referred to as a parapet is actually a concrete facial. Also, DPC is not the ground floor slab; it's a waterproof course between the floor slab and the block wall.
If you are a professional, don't dwell too much on the lingo I use for these things. Yes, it's concrete fascia but try saying that at a building site in Nigeria. 😂 I use the popular lingo to avoid getting multiple questions here. This house is not even a duplex but even architects follow dey call am duplex now because try telling a client that it is not a duplex. Chai o!
You right. It is a detached residential apartment but Nigerians love to call it "Duplex".
🙌🏾👍🏾🙏🏾 Thanks Flo!
Very important facts here
Very detailed breakdown. Pls can we get the estimate for a 2 storey 6 units 2 bedroom block of flats
Good information Flo
you right you very close to my project i spend more
Sis, you are amazing 🤩. Please What does it cost to building a four-story upto DPC level in Nigeria 2024?
Nice one sister
I have been following your videos for some time now (since I'm preparing to start my building project). However, somehow uncertain whether to settle for a 3 or 4 bedroom duplex. I'll appreciate your advice Flo
This is one decision you have to take by yourself because you alone (and other stakeholders) know the amount of space you need. If a 3 bedroom duplex will be sufficent for your needs, go for it.
If you don't want a situation whereby tomorrow you start saying: had I known, I would have built a 4 bedroom duplex, go for a 4-bedroom because there's not much difference between the two in all aspects: from the cost to the space they would occupy.
Nice one thanks
Bought 12mm for 13500 per length in ogun state, cement 8500
Thanks for the info.
@Flo Finance Nice work
Thank you.
5:46 The increase in cost of cement in Nigeria is enough reason for me to buy already built. Its scary
Already built are they not building with cement?
First to view 😅😅
Stone coated bond is about 6900 as at 6 weeks ago
My price is from Anambra State. Please share where your price is from. Thanks.
@ is just funny how same product have varied prices. Abak, AKS
Nice one
Cement is 8300 to site in Tedi Lagos state
Great channel. Is it possible for you to do renovation estimates too?
Before one can do that, the building needs to be inspected to determine the extent of renovation required. So it is best to contact a builder that can visit your work site to do that for you.
When renovating old building, it is best to carry out a non destructive test (NDT) to ascertain the safety of existing structural members such as the columns (pillars) and beams) etc in order to avoid collapse of your structure during or after renovation because you never can tell the safety of the previous work
@Flo Finance. You didn't include the link to download the spreadsheet and building plan as you mentioned in the video.
It's in the decription box but here it is again: selar.co/737355
Baby recommendation, can you put a date on the excel spreadsheet
I always have a date on the one I send out. For this one in the video, the date the video was uploaded serves.
Thanks
Well that's okay. But after roofing stage, finishing will cost way more than 30m
Cement is between 8500 to 9200 in our area.
Where is that?
@@FloFinance Abak, Akwa Ibom
POLYSTYRENE PARAPET is the way to go. It's durable and cheap.
Pray you don't put your trust in building engineer who'll sabotage all financial planning with wrong influences.
Just talking from experience.
Planning 4 bedroom duplex
What are the safe stages of rest before continuing?
Watch this video: th-cam.com/video/Ra30JucINdg/w-d-xo.html
I also touched on it in this one: th-cam.com/video/jv4xxnSIX_4/w-d-xo.html
I’m confused by the word duplex, so does this property contain two homes? Duplex = 2 homes, Triplex = 3 Homes, Quadruplex = 4 homes.
In Nigerian parlance which means most Nigerians refer to a detached house as duplex. Watch this video: th-cam.com/video/jv4xxnSIX_4/w-d-xo.html for more context.
Na wa oh. Thank God popsy build correct house for lagos and village when things were good 'cause omo these costs 😭😭😂😂😂
Glad you recognise wetin Popsy do for you. 😀Na only maintenance you go dey do.
@@FloFinance I swear that's what we the kids are doing now oh. Donation for maintenance chikena 😂😂😂😂
I used more than 60 million to build a 6 bedrooms duplex including fence though. The parcel of land is 100ft by 200ft. God go save us from family oo
Congratulations! When was that?
Congratulations sir, please when was this sir ?
You are extremely amazing. I wish I have a woman like you.
How can I get this house plan?
Here: selar.co/737355
This duplex likely has small spaces. Also didnt see anything for lintel cost
Lintel is part of the side walls.
Yes, this duplex is compact and cute.
16mm rods go for 28k iin abeokuta
One 16mm rod? Na wa o for our country.
No doors and interior
Watch this part 👉03:39
The money you put here is for a 4 bedroom bungalow 😂😂😂
A friend just finished a 4 bedroom duplex and it cost him N36m just to roofing stage. He did say the without some misc expenses he could have knocked off N1.5m-2m.
Thts true bro same whith me am on it
That should be about it. And his includes labour cost.
Thanks for the info.
Are you an Engineer?
😂😂😂❤❤❤Flo, job well done. Appreciate your efforts to put this together, makes millions to many novices like me. Not withstanding your efforts pay off and helps guiding others spend ❤less money and wahala with friends, family members chaotic. ❤❤❤
Well details video thank you so much ma