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Cost of building a 3-bedroom bungalow in Epe (2026)

Estimated for Epe, Lagos (124 m² floor area) using current material prices and local labour rates.

Standard finish
₦52,754,993
Basic ₦40.7M · Luxury ₦87.6M · ₦425,443/m²
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Cost breakdown

ElementShareCost
Foundation12.8%₦6,741,760
Structure19.0%₦10,037,475
Finishes27.5%₦14,485,934
Services14.7%₦7,736,680
External Works14.7%₦7,728,958
Prelims & Contingency11.4%₦6,024,186
Total100%₦52,754,993

Materials you'll need

MaterialApprox. quantityCost at today's prices
Cement (50kg bags)572 bags₦7,322,240
Sandcrete blocks (6" & 9")5,994 blocks₦5,394,942
Iron rods1.7 tonnes₦1,328,000
Sharp sand102 tonnes₦1,324,570
Granite76 tonnes₦1,511,800

Construction timeline (5 months)

PhaseMonthsCost
Site preparation1–1₦0.9M
Foundation1–1₦6.7M
Structure1–3₦5.9M
Roofing3–3₦4.1M
Services 1st fix3–4₦3.5M
Plastering & screeding4–4₦2.9M
Interior finishes4–5₦11.6M
Services 2nd fix5–5₦4.3M
External works5–5₦7.7M
Snagging & handover5–5₦5.1M
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Compare with nearby areas

Lekki₦56.8M standardIkoyi₦59.3M standardVictoria Island₦59.4M standardAjah₦55.1M standardIbeju-Lekki₦54.1M standardIkeja₦54.7M standard

Frequently asked questions

How much does it cost to build a 3-bedroom bungalow in Epe?

About ₦52.8M with standard finishing, ₦40.7M basic and ₦87.6M luxury (2026 prices).

How long does it take to build a 3-bedroom bungalow?

About 5 months with steady funding.

How many bags of cement does a 3-bedroom bungalow need?

Roughly 572 bags of 50kg cement.

Read more: 3-bedroom bungalow costs across Nigeria · 12 ways to reduce building cost

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