Welcome home my dear friend.
For your information real estate in Ghana now is booming and this is a signal that the developers of these estates are enjoying massive financial earnings, but one question that has not been answered very well by these developers is that are they inflating the prices of their houses or are they giving us the right price for the house?
Hahahaha. Sounds very hilarious.
Well, apparently the question will be ignored by these developers because the prices of their houses are for sale on the market in dollars and comparing the dollar to the cedi it tells us that one will have to have massive income in order to buy such houses, one will also argue that the price of the land where such houses are built are very expensive therefore individuals who are willing to leave in luxury houses and also in the city where you are close to Accra mall, the airport, and most of the residential areas should consider the prices of such lands.
A simple 3 bedroom house in east legon will go for 300,000 dollars and that is the least price you can get in the area with no swimming pool.
A five bedroom house in Accra airport residential area with swimming pool will also go for one million dollars
In this article, we will offer you the Estimated cost of Building a 3 bedroom Bungalow in Ghana.
As i have said, this is only an estimate.
You are also to bear in mind that this estimate is likely to change because of the increase and decrease in cost of materials in the market.
As a result, a few changes may have occurred in terms of price.
What are the Specs Of 3 Bedroom Flat In Ghana?
For a 3 bedroom bungalow, here are the few elements and their dimensions
A 3 Bedrooms of 3600mm x 3600mm in size, 3 toilets ( each in every room), a nice kitchen consisting of a store, a dining room, a living room
What is the Amount On Foundation?
Here, i will talk about the amount of money you would need to set up the foundation of a 3 bedroom bungalow
Setting out will cost about 310 Ghana cedis
Excavation will cost like GH¢ 614
Foundation Footings = GH¢ 930
Foundation Wall = GH¢ 3100
German Concrete = GH¢ 6,144
Total Cost For Foundation will be approximately GH¢ 11,100 (It May not be upto this in some location please)
The Next Stage Is Super Structure
Block work (3m High) = GH¢ 10,800 (If You are Buying Blocks)
Lintel/Head course/concrete facial = GH¢ 4,700
Total Cost For super Structure = GH¢ 15,400
Next Stage Is Roofing
Roof Truss = GH¢ 6,300 (Includes workmanship)
Roofing Sheets= GH¢ 3,000 (Long Span Roofing sheet)
Ceiling = GH¢ 3,000 (PVC Ceiling – I prefer the normal asbestos ceiling though)
Total cost for Roofing 3 Bedroom Bungalow will be approximately GH¢ 12,500
Now it is time to finish the building so you will get ready to move your stuff inside.
Rendering (Plastering) = GH¢6,200
Floor Tiles = GH¢ 3,900
Painting = Same price as above
Windows = The same price
Doors = The same price
So my brother after all the calculations, you will be needing approximately GH¢ 22,000 to Finish a 3 bedroom Bungalow.
Adding Up all costs, we can see that the cost of building a 3 bedroom bungalow is about GH¢100,000.
Please Note: This is only an estimate and was made at a time when some of the cost of materials are high while some are low, it therefore requires that you make your own investigation.
But have at least 100 thousand Cedis in your account or have a means of getting it if you really want to build a 3 bedroom bungalow in Ghana.
Thank you very much for your time.
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