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By: Victor Markus and Pawam Martins Steve.
1. Assistant Lecturer, Department of Surveying and Geoinformatics, Federal College of Land Resources Technology, Kuru, Jos, Plateau State, Nigeria
2. Student, Department of Estate Management and Valuation, Abubakar Tafawa Balewa University, Bauchi, Bauchi State, Nigeria
Rental values in major cities worldwide have increased at a rate never before seen due to the growing demand for residential properties in metropolitan areas. The connections between residential property rental values and all of these location-specific and physical dwelling attributes, amenities, and so forth are valued by valuers, planning authorities, and policymakers. For example, valuers will receive assistance in assigning values to different housing and locational qualities once all of these links have been established. The purpose of this study was to assess how public amenities affected the rental values of residential properties in five key areas of Kaduna city. Three sub-areas—Kaduna Township, Kaduna Township, Ungwan Rimi-Malali, Kawo-Mando, Sabo-Narayi and Barnawa —were established inside the study area. The demarcation is based on the unequal distribution of public amenities in the study area, meaning that certain neighborhoods have more amenities than others. These public facilities were the subject of the study: roads, drainage systems, electricity, pipe-borne water, garbage collection and disposal, security (police station, army post), health facilities (hospitals, health care centers, etc.), and educational facilities (schools). Tenements, one-bedroom apartments, two-bedroom apartments, three-bedroom apartments, and bungalows are the types of residential properties that were examined. Quantitative (Survey) research design was used with questionnaire as data collection tool. Stratified and random sampling technique was applied. Data was analized using descriptive statistics. The study concludes that there is an uneven distribution of the eight (8) public amenities across the study area with wide difference in availability. Kaduna Township, Ungwan Rimi-Malali, Kawo-Mando and Barnawa have the adequate public amenities than Sabo-Narayi. The uneven distribution of public amenities causes rent differentials within the Kaduna Metropolis.
Keywords: Public infrastructure, rental value, rent, residential property, rental inequality
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Citation:
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