Estate Management &Valuation

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Estate Management &Valuation

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Author: search.filters.author.Rukaiyat Adeola OgunbajoSubject: search.filters.subject.Ancillary facilities

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    Assessment of Residential Building conditions and Property Management Strategies in Minna, Nigeria
    (UNIVERSITY OF LAGOS, 2016) Rukaiyat Adeola Ogunbajo
    This study assessed the conditions of leasehold dwelling units and property management strategies in Minna, Nigeria. It sampled 328 dwelling units spread across selected neighbourhoods. Questionnaire were administered and used to solicit relevant data for the study. Simple percentages, total weighted scores, weighted mean, contingency table, chi square distribution, and phi coefficient were used to analyse collated data at various levels of the research. Findings revealed poor conditions of 55.2% of leasehold dwelling units. A computed chi square value (X2 = 48.965) indicated no statistical significant difference in the overall condition of dwelling units across the sampled neighbourhoods. Findings also showed that only 31% of dwelling units are managed by professional estate surveyors, periodic general renovations by property managers were not carried out in any of the sampled units, while 41% of respondents linked the management and maintenance of ancillary facilities in their neighbourhoods to community efforts and contributions. It further revealed that 51% of respondents were not satisfied with the management of their dwelling units, while 84% of residents were not satisfied with the management of ancillary facilities in their neighbourhoods. A chi square value (X2 = 14.965) and phi coefficient (φ = 0.209) revealed a weak, but positive and statistically significant relationship between building conditions and management type in the study area. The study emphasized the significance of effective and efficient management practices as key players in ensuring that residential buildings remain in good and decorative states or repair.