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Effect of infrastructural development on land value in Owerri municipal, a case study of new Owerri
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This project work is on Effect of infrastructural development on land value in Owerri municipal, a case study of new Owerri. Housing goes beyond mere shelter to include the facilities and other things in the environment that makes living comfortable for man, hence Olujimi opined that for housing to produce this impact, it must be adequately provided with functional infrastructural. To this end, this research work examined the Effect of Infrastructural Development on Land Value in Owerri Municipal. A Case Study of New Owerri. The survey research design was adopted. The major instrument for data collection was the questionnaire which was administered to two (2) Groups of respondents. Group 1 comprising residents, workers and traders, while Group 2 are estate firms. Both primary and secondary data were applied. Radom sampling techniques was employed. Frequencies, tables, percentage ratio, bar charts, histograms and pie charts were used for the data presentation and analysis. Hypothesis was tested using chi-square. The study revealed that infrastructural development affect land value. The study therefore, recommended that the government at various levels should engage in funding and execution of infrastructural development projects in order to create a sustainable and high standard living environment and improve national economy.