The Effects of Spatial Distribution of Infrastructure on Residential Property Values in Minna.

Abstract

The availability of infrastructure in any neighbourhood has great impact on the environment as well as neighbourhood. Greater concentration of infrastructural facilities in a few places is part of the spatial transformation that accompanies development. In fact, the main message of the World Bank's latest World Development Report ''Reshaping Neighbourhood Development" (WDR 2009, UN HABITAT 2008) is that concentration of infrastructure on one urban point will encourage unbalanced development. If infrastructure distribution is evenly done and properly monitored for effective functionality, then landed property, especially residential, by extension will appreciate in value and but, if otherwise the value depreciates.