THE EFFECT OF SLUM ON PROPERTY VALUES (A CASE STUDY AGUOWA IN ENUGU, ENUGU STATE)

ABSTRACT The aim of this dissertation is to evaluate the effects of slum on property values at Aguowa via Trans-Ekulu and confirm that slum was responsible for the low property value in the area. The study showed that the slum occurrence was as a result of rural migration to urban areas and lack of original planning in the area. This work is organized in five chapters. Chapter one deals with the introduction, statement of the problem, purpose of study, limitation and delimitation, background and need for the study, significant of the study and the overview of the study. Chapter two deals on the literature review of related study like concept of residential slum, definition of slum, type of slum, roles of slum, theoretical aspect of slum, history of recognition of slum, concept of real estate development, type of property and classification, rational for real property development and property values.  Chapter three talked about the research method, the re-statement of the problem, sources of date, of the problem, sources of date, population and sample size, data collection, date collection procedure method of data analysis and finally data analysis procedure.          Chapter four deals on the data presentation and analysis while chapter five deals with findings, recommendation and conclusion.        TABLE OF CONTENT  Title page i Approval page ii Dedication iii Acknowledgment iv Abstract v Table of content vi
CHAPTER ONE  1.0Introduction 1 1.1Background of study 2 1.2Statement of problem 3 1.3Objective of the study 4 1.4Research question 4 1.5Theatrical foundation of the study 5 1.6Significance of study   6 1.7Delimitation of study 6 1.8Limitation 7 1.9Overview of the study  7
CHAPTER TWO  2.1 Definition of Slum 8 2.2 Concept of Residential Slum 8 2.3 Attributes of slum 9 2.3.1Physical Attribute 9 2.3.2Social Attribute10 2.3.3Economic Attribute  11 2.4 Causes of blight and factors leading to slum formation 13 2.5 Types of slum 14 2.6 Role of slum 17 2.7 Slum as a critical environmental problem 19 2.8 Theoretical aspect of slum 19 2.8.1History of recognition of slum 22 2.8.2Concept of real/property development 24 2.9 Types of property and classification 25 2.9.1Property values  29
CHAPTER THREE  3.0Introduction 31 3.1Re-statement of the problem 31 3.2Source of data 32 3.3Description of study area 32 3.4Population and sample size 33 3.5Data collection instrument 33 3.6Data collection procedure 34
CHAPTER FOUR  4.0Presentation and analysis of data      35 4.1Presentation of base data 35 4.2Presentation of data on level of  deterioration within the study area 37 4.3Presentation of data on the impact of  slum on property values 43 4.4Presentation of data on the effect  of slum on property values 46
CHAPTER FIVE  Finding, Recommendations and Conclusion 48 5.1Summary of findings48 5.2Recommendation50 5.3Conclusion52 Bibliography54