The cost of building a house in Kenya varies depending on many factors such as the topography of the land, size of the building and specification of materials among other elements.
However, it is possible to get a rough estimate of the amount of money needed for your new house project by considering the following:
1. The square footage
Examine a newly constructed house that is similar to the one that you envision. Get the price of the house, subtract the cost of land and divide the amount by the size of the home.
For example, if the house is valued at Sh75m and the land costs Sh45m, then the construction cost is around Sh30m. If the home is 450 square meters, then the cost per square meter is around Sh66,700.
2. Quality of finishes
The quality of finishes greatly determines the cost of building a house in Kenya. High quality finishes significantly increase construction costs.
Building a modest house in Nairobi costs about Sh35,000 per square meter, while a high-end home costs upwards of Sh60,000 per square meter.
3. House features
The internal and external features of a house are key determinants of building costs. Reducing the size and number of windows, for example, can lower your building costs while using vaulted ceilings and high roof pitches can greatly increase your costs.
4. Size of the house
The size of a house is also an important consideration since the building cost per square meter is often higher for a smaller home compared to a larger home.
This is because, when putting up a bigger house, the cost of pricey items such as a bathroom or kitchen is distributed over more square footage.
The Institute of Quantity Surveyors of Kenya has developed some cost guidelines for major urban centers based on recently completed projects in the respective areas.
The costs, which are on a “per square meter” basis, can give you a more accurate estimate. However, you will require the services of a quantity surveyor for accurate budget estimates preparation in the pre-contract stage as well as cost control and planning during construction.