An Analysis of the Location of Worship Centers on Residential Property Values in Ota, Nigeria

Type Journal Article - Journal of Sustainable Development in Africa
Title An Analysis of the Location of Worship Centers on Residential Property Values in Ota, Nigeria
Author(s)
Volume 13
Issue 1
Publication (Day/Month/Year) 2011
Page numbers 13-22
URL http://eprints.covenantuniversity.edu.ng/2198/1/An Analysis of the Location of Worship Centres​(Iroham, Oloyede, Oluwunmi).pdf
Abstract
Location of property is an effective tool in complementary land uses. Man in his quest for relationship with a Supreme Being
resulted in the allocation of land to meet such need. However, the location of the Living Faith Church, Ota, the largest single
worship center in the world, accommodating about 50, 000 worshipers, around other zoned land uses, residential inclusive, is
a point of concern. This work aimed at discovering the effect of the worship center on property values in the study area.
Forty-five local estate agents with the two estate surveying firms practicing in the area were surveyed. Data were analyzed
using the Student-T test at a confidence level of 95%. Findings reveal that the location of religious centers had a significant
impact on the residential rental values. The researchers opine that worship centers be situated close to residential properties
so as to enhanced economic development. However, a call for an effective traffic control scheme is advocated.

Related studies

»