THE INFLUENCE OF REFUSE DUMPSITE ON RENTAL VALUES OF RESIDENTIAL PROPERTIES
2016
Peter, Nkolika Joy | Oni, Abiodun Samson | Ibisola, A.S. | Boroni, Edafe | Amusan, L. M.
This study was aimed at examining the impact of refuse dumpsite on rental values of residential properties in Utako district, FCT – Abuja, Nigeria. This was with a view to investigating into the relationship between rental values of residential properties and distances away from the refuse dumpsite. In attaining the aim of this research, three objectives were formulated. Data were collected from primary and secondary sources. The primary sources were through self-administered questionnaires with the goal of obtaining reliable information from the residents of residential properties and Estate Surveyors and Valuers while secondary sources included past research projects, journal articles, property magazines such as Orbitals, Homes and Lands magazines etc. and literatures on similar topics. Appropriates sample sizes were determined using the Bartlett, Kotrlik and Higgins (2001) model. From the study, recommendations were made based on the findings by the Federal Capital Territory Administration (FCTA), Abuja Environmental Protection Board (AEPB), and The Nigerian Institution of Estate Surveyors and Valuers (NIESV) that the Nigeria Institution of Estate Surveyors and Valuers (NIESV) should place more emphasis through the academic curriculum on environmental management taking into considerations issues like waste disposal and management knowing fully well that wastes if well managed can be recycled to create more wealth and employment opportunities for the Nigerian youth, similar studies should be extended to other major cities in the country and the world at large for comparison of differences and findings in property value trends.
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