Property Renovation Cost Estimator Nigeria

Get a realistic cost range for renovating or refurbishing a property in Nigeria.

Property Details

m²

Total floor area to be renovated

%

Recommended: 20-30% for unexpected costs

Cost Estimate

Mid-range estimate

₦7,500,000

Cost Range

Low estimate₦5,000,000
High estimate₦10,000,000
With 20% contingency (low)₦6,000,000
With 20% contingency (high)₦12,000,000
Cost per m²₦50,000 — ₦100,000
ScopeMedium Renovation
QualityStandard

Renovating 100 m² would cost about ₦7,500,000

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⚠️ These are rough estimates based on typical Nigerian market rates. Always get at least 3 quotes from qualified contractors before committing.

Renovation Cost FAQs — Nigeria

How much does it cost to renovate a house in Nigeria?

Renovation costs in Nigeria vary widely. A light cosmetic refresh (painting, flooring, minor works) typically costs ₦20,000-₦50,000 per square metre. A medium renovation including kitchen and bathrooms runs ₦50,000-₦100,000/sqm. A full gut renovation or complete rebuild can cost ₦100,000-₦200,000+ per sqm for standard finishes, and significantly more for premium or luxury specifications.

What drives renovation costs up in Nigeria?

Key cost drivers include: material specification (imported vs local), labour rates in your city (Lagos and Abuja are typically higher), accessibility of the site, structural complexity, quality of finishes, and the current cost of key materials like tiles, cement, paint, and electrical fittings — all of which have increased significantly with naira depreciation.

Should I renovate before renting or selling a property in Nigeria?

For rentals, light to medium renovation typically pays off by attracting quality tenants and commanding higher rent. For sales, focus on improvements with the highest return-on-investment: kitchen, bathrooms, fresh paint, and curb appeal. Full gut renovations rarely recover their full cost in sale price uplift.

How long does a property renovation take in Nigeria?

A light refresh might take 2-4 weeks. A medium renovation typically takes 6-12 weeks. A full gut renovation can take 3-9 months. Delays are common due to material supply chains, weather, and contractor availability — always add 20-30% contingency time to your schedule.

Should I include a contingency budget for renovation in Nigeria?

Absolutely. Always add at least 20% contingency on top of your initial estimate. Renovation projects in Nigeria frequently encounter hidden issues (poor concrete, outdated wiring, water damage) that add costs. For older properties, a 30-40% contingency is more appropriate.

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