The Impact of Sustainable Building Materials on Property Valuation in Kano State
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Background of the Study
Sustainable building materials, designed to minimize environmental impact and enhance energy efficiency, have gained prominence in the construction industry. These materials not only reduce operational costs but also contribute to long-term property value. Research indicates that properties incorporating sustainable materials command higher valuations due to their durability, environmental friendliness, and energy efficiency (Adamu & Umeh, 2023).
Kano State, a hub for commercial and real estate activities in Nigeria, faces challenges such as rising construction costs and environmental degradation. Adopting sustainable building materials can address these challenges while enhancing property valuation. This study investigates the impact of sustainable building materials on property valuation in Kano State.
Statement of the Problem
Despite the potential benefits of sustainable building materials, their adoption in Kano State remains limited. Builders and property developers often prioritize cost over sustainability, neglecting the long-term value these materials provide (Usman & Sani, 2024). This research seeks to examine the relationship between sustainable building materials and property valuation, highlighting the benefits of adopting sustainable practices in the construction industry.
Objectives of the Study
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To assess the extent of sustainable building material usage in Kano State.
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To evaluate the impact of sustainable materials on property valuation.
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To recommend strategies for increasing the adoption of sustainable building materials.
Research Questions
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What is the extent of sustainable building material usage in Kano State?
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How do sustainable building materials impact property valuation?
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What strategies can promote the adoption of sustainable building materials in Kano State?
Research Hypotheses
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Sustainable building materials significantly enhance property valuation.
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Limited adoption of sustainable materials negatively impacts property valuation in Kano State.
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Increased awareness and incentives promote the use of sustainable building materials.
Scope and Limitations of the Study
The study focuses on the real estate sector in Kano State, assessing the relationship between sustainable building materials and property valuation. Limitations may include variability in respondents’ understanding of sustainability and challenges in accessing detailed property valuation data.
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