Get a realistic cost range for renovating or refurbishing a property in Nigeria.
Total floor area to be renovated
Recommended: 20-30% for unexpected costs
Cost Estimate
Mid-range estimate
₦7,500,000
Cost Range
⚠️ These are rough estimates based on typical Nigerian market rates. Always get at least 3 quotes from qualified contractors before committing.
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.
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.
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.
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.
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 Renovation projects in Nigeria frequently encounter hidden issues (poor concrete, outdated wiring, water damage) that add costs.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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