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

Estimated for Ibadan - Bodija, Oyo (124 m² floor area) using current material prices and local labour rates.

Standard finish
₦50,790,873
Basic ₦39.2M · Luxury ₦84.4M · ₦409,604/m²
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Cost breakdown

ElementShareCost
Foundation12.8%₦6,526,054
Structure19.1%₦9,714,284
Finishes27.6%₦14,029,680
Services14.8%₦7,496,036
External Works14.7%₦7,487,150
Prelims & Contingency10.9%₦5,537,669
Total100%₦50,790,873

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₦0.8M
Foundation1–1₦6.5M
Structure1–3₦5.7M
Roofing3–3₦4.0M
Services 1st fix3–4₦3.4M
Plastering & screeding4–4₦2.8M
Interior finishes4–5₦11.2M
Services 2nd fix5–5₦4.1M
External works5–5₦7.5M
Snagging & handover5–5₦4.7M
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Compare with nearby areas

Ibadan - Akobo₦50.6M standardOgbomoso₦49.9M standard

Frequently asked questions

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

About ₦50.8M with standard finishing, ₦39.2M basic and ₦84.4M 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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