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The first Housing estate in Nigeria

The Ibadan Housing Estate was birthed in 1959 when the regional government decided to increase the number of modern houses available in the city. The Estate was built on a 400-acre of land in the area known as Bodija. At the time, the location of what is now Bodija was the outskirt of the city of Ibadan. All the houses in the Estate had all the basic amenities: light, water, garden, etc; however, the difference was in the number of rooms and the quality of materials used to build the structures and the architectural designs. The Estate project housed 3 types of structures for different classes of people.
 
The first types of houses were priced at £1,200 for lower-income folks, and the initial deposit was £50. The second type of houses available in the estate project were houses priced at £1,650, and an initial deposit of £200 was required before the houses could be occupied. The third type of house cost £3,000 and an initial deposit of £650 was required. As you may have guessed, the highest-priced houses were the houses that were more than a story building.
Most of the houses were occupied by white-collar workers and professional people. Few persons in the older and more congested parts of Ibadan jumped on the opportunity of buying even the lowest-priced houses.
The picture in this throwback post was the largest house available in the Estate and it sold for £3,500.
 
 
 
Source: Nigeriarealestatehub.com

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