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Cost of building a house in Mowe / Ofada, Ogun (2026)
Construction costs for Mowe / Ofada using current material prices (cement ₦12,800/bag, iron rods ₦800,000/tonne) and local labour rates.
5-bedroom duplex + BQ, standard finish
₦102,559,134
280 m² · ₦366,283/m² · includes fence, gate & contingency
Get your exact estimate →Building costs in Mowe / Ofada by house type
| House type | Basic | Standard | Luxury |
|---|---|---|---|
| 3-bedroom bungalow | ₦39.7M | ₦51.5M | ₦85.4M |
| 4-bedroom bungalow + BQ | ₦61.0M | ₦74.6M | ₦120.1M |
| 4-bedroom duplex + BQ | ₦76.5M | ₦93.7M | ₦147.1M |
| 5-bedroom duplex + BQ | ₦83.2M | ₦102.6M | ₦161.2M |
| 6-bedroom duplex + BQ | ₦89.9M | ₦111.3M | ₦175.2M |
| block of 6 two-bedroom flats | ₦132.4M | ₦187.6M | ₦343.1M |
Where the money goes (5-bedroom duplex + BQ)
| Element | Share | Cost |
|---|---|---|
| Foundation | 7.6% | ₦7,819,643 |
| Structure | 22.6% | ₦23,148,755 |
| Finishes | 25.8% | ₦26,500,239 |
| Services | 11.7% | ₦11,967,480 |
| External Works | 21.2% | ₦21,760,372 |
| Prelims & Contingency | 11.1% | ₦11,362,645 |
| Total | 100% | ₦102,559,134 |
Property market in Mowe / Ofada
| New-build sale price | ₦430,000 / m² |
| Gross rental yield | 4.0% |
| Typical capital growth | 16% / year |
| Demand | High |
| Average time to sell | 6 months |
| Typical land price (estimate) | ₦30,000 / m² (≈ ₦19.4M per plot) |
Developing in Mowe / Ofada?
Model your estate — land purchase or JV with the landowner — with profit, IRR and a bank-ready report.
Open the Developer Suite →Frequently asked questions
How much does it cost to build a 5-bedroom duplex in Mowe / Ofada?
About ₦102.6M 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 Mowe / Ofada?
About ₦51.5M with standard finishing.
What is the building cost per square metre in Mowe / Ofada?
Around ₦366,283 per m² for a standard 5-bedroom duplex.
What do new houses sell for in Mowe / Ofada?
About ₦430,000 per m², with gross rental yields around 4.0%.
Other areas in Ogun
Read more: cost of building a house in Ogun · 5-bedroom duplex costs across Nigeria
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