Impact of infrastructure conditions on residential property values in Tunga and Barikin Saleh Areas of Minna

Abstract

Housing, infrastructures, environmental quality and rental value are bulk of inseparable factors in our living environment. The availability of infrastructural facilities is imperative for the overall development of any country. This study examined the impact of infrastructural quality on residential housing rental value in Tunga and Brikin Saleh area of Minna. Data retrieved from the 261 questionnaires returned were analysed from which test of hypothesis using both one-sample and paired t-test revealed that there is statistical significant difference in the mean facilities condition of the two areas. Result of correlation coefficient also shows relationship between conditions of infrastructure and rental value at 99% confidence level; which accounts for differences in rental values passing in the two areas, even for similar properties. This shows that condition of facilities had a significant impact on rent passing at a particular point in time. Public sectors commitment and dedication in improving existing facilities, public private participation in infrastructural provisions, and community participation in development projects were among the recommendations made in order to improve the quality of our environments and for optimum returns on capital Invested.