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Are Cheap Houses Really Cheap? The Truth About ‘Affordable’ Listings

Are Cheap Houses Really Cheap? The Truth About ‘Affordable’ Listings

By Deborah Ephriam • 1/1/1970

That ‘cheap’ listing might just cost you your peace of mind. Here’s what nobody tells you.

You scroll through a housing app and spot it; an apartment at half the price of everything else in the area. Jackpot, right?

Not always.

In Nigeria’s rental market, “cheap” can be code for:

  • Hidden structural issues (leaky roofs, no plumbing)
  • Terrible location (flood zones, crime hotspots)
  • Unlivable conditions (no light, no water, no peace)
  • Unseen extra fees (agent fees, community charges, “refundable” deposits you’ll never see again)

Sometimes, these listings are even scams just bait to get you to pay inspection or commitment fees.

At HomXe, we’re building a platform that shows verified listings with transparent pricing. No bait. No hidden heartbreaks.

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