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Cost of building a house in Ibadan - Bodija, Oyo (2026)

Construction costs for Ibadan - Bodija using current material prices (cement ₦12,800/bag, iron rods ₦800,000/tonne) and local labour rates.

5-bedroom duplex + BQ, standard finish

₦101,183,820

280 m² · ₦361,371/m² · includes fence, gate & contingency

Building costs in Ibadan - Bodija by house type

House type	Basic	Standard	Luxury
3-bedroom bungalow	₦39.2M	₦50.8M	₦84.4M
4-bedroom bungalow + BQ	₦60.1M	₦73.6M	₦118.5M
4-bedroom duplex + BQ	₦75.4M	₦92.4M	₦145.2M
5-bedroom duplex + BQ	₦82.1M	₦101.2M	₦159.1M
6-bedroom duplex + BQ	₦88.6M	₦109.8M	₦172.9M
block of 6 two-bedroom flats	₦130.4M	₦185.0M	₦338.5M

Developing in Ibadan - Bodija?

Model your estate — land purchase or JV with the landowner — with profit, IRR and a bank-ready report.

How much does it cost to build a 5-bedroom duplex in Ibadan - Bodija?

About ₦101.2M for a standard-finish 5-bedroom duplex with BQ (280 m²), including fence, gate and contingency.

How much does a 3-bedroom bungalow cost to build in Ibadan - Bodija?

About ₦50.8M with standard finishing.

What is the building cost per square metre in Ibadan - Bodija?

Around ₦361,371 per m² for a standard 5-bedroom duplex.

What do new houses sell for in Ibadan - Bodija?

About ₦620,000 per m², with gross rental yields around 5.3%.