The word “Affordable” is a bit subjective (especially if put in a real estate context) because what is affordable to you may be expensive to another person.
But in this case, we will define an affordable home as any property that you can buy below ₦20million.
Let me also quickly add that in the late 2000s, you could get affordable homes in places like Ikate, Surulere, Magodo, Ikota and Chevron, because these locations were still developing back then.
But unlike today, when you’ll have driven down to new prospects like Abijo, Ibeju Lekki, and even Epe before you find an affordable home.
Back to the question: where can we get affordable homes in Lagos for less than ₦20million ($48,200)?
Please note that we used the locations below based on available access to data.
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