Land prices in 20 Housing Estate, Borno
20 Housing Estate is a gated estate in Sulemanti, Magumeri LGA, Borno, in the remote / farmland zone. Residential land is about ₦410 per m², so a typical 900 m² plot is about ₦369,000.
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| Typical 900 m² plot | ₦369,000 | residential |
| Land: residential | ₦410 | per m² |
| Land: commercial | ₦1,521 | per m² |
| Land: industrial | ₦818 | per m² |
| Building: 2-bed flat | ₦10.6m | asking price |
| Building: 3-bed flat | ₦12.2m | asking price |
| Building: 4-bed house | ₦31.7m | asking price |
| Building: 5-bed house | ₦36.4m | asking price |
| Rent: 1-bed / mini flat | ₦132,383 | per year |
| Rent: 2-bed flat | ₦274,823 | per year |
| Rent: 3-bed flat | ₦362,087 | per year |
| Rent: 4-bed house | ₦1.2m | per year |
| Rent: shop or office | ₦1,582 | per m² per year |
Magumeri LGA as a whole: ₦407 per m² median. Coordinates 12.11220, 12.83340.
Questions people ask
How much is a plot of land in 20 Housing Estate, Borno?
A typical 900 m² residential plot in 20 Housing Estate, Borno is about ₦369,000 (around ₦410 per m²) in asking prices as of October 2026. Commercial land is about ₦1,521 per m². Source: Buildocrat Land Value Book, updated weekly.
How much is rent for a 3-bedroom flat in 20 Housing Estate, Borno?
About ₦362,087 a year for a 3-bedroom flat, ₦274,823 for a 2-bedroom flat and ₦132,383 for a 1-bedroom or mini flat (October 2026).
How much does a 4-bedroom house cost in 20 Housing Estate, Borno?
Asking prices for a 4-bedroom house in 20 Housing Estate, Borno are around ₦31.7m; a 3-bedroom flat around ₦12.2m (October 2026).