What is the standard used in measuring plots? What is the standard plot size? Is it the same everywhere or does it change by location? How did our fathers measure land in their days? What has changed now? Find answers to all these questions in this piece about Plot Sizes and Measurements by Debo Adejana, MD/CEO of Realty Point Limited.
Before you purchase land, you must fully understand the system of land measurement or land sizes in Nigeria as it varies for different countries. It will be foolhardy for prospective buyers who are looking at building a new house or buying land not to be acquainted with few of the figures associated with the measurement of land.
If you know the size of a standard plot in Nigeria, then maybe you are not one of the many who are ignorant of the figures when it comes to measurement of land in the country.
Although, it’s probably no one’s fault that most people are not conversant with the measurement of land, considering the fact that land is sometimes measured in feets, metres, and hectares. These measurements are affected by factors which include but not limited to, economic investment and development patterns, human and environmental factors which could lead to mass migration and artificial scarcity of lands suitable for development.
It becomes paramount to know these things because buying and selling of land is a very lucrative business venture that draws the fancy of many Nigerians.
Learn about Plot sizes and measurement in real estate in the audio link below: