THE EFFECT OF SLUM ON PROPERTY VALUES

    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.   

Title page                                     i
Approval page                                 ii
Dedication                                     iii
Acknowledgment                                 iv
Abstract                                     v
Table of content                                 vi

CHAPTER ONE
1.0    Introduction                             1
1.1    Background of study                         2
1.2    Statement of problem                         3
1.3    Objective of the study                         4
1.4    Research question                             4
1.5    Theatrical foundation of the study                 5
1.6    Significance of study                            6
1.7    Delimitation of study                         6
1.8    Limitation                                 7
1.9    Overview 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
2.3.1    Physical Attribute                             9
2.3.2    Social Attribute                            10
2.3.3    Economic 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
2.8.1    History of recognition of slum                     22
2.8.2    Concept of real/property development             24
2.9         Types of property and classification                 25
2.9.1    Property values                              29

CHAPTER THREE
3.0    Introduction                             31
3.1    Re-statement of the problem                     31
3.2    Source of data                             32
3.3    Description of study area                     32
3.4    Population and sample size                     33
3.5    Data collection instrument                     33
3.6    Data collection procedure                     34

CHAPTER FOUR
4.0    Presentation and analysis of data                      35
4.1    Presentation of base data                         35
4.2    Presentation of data on level of
deterioration within the study area                 37
4.3    Presentation of data on the impact of
slum on property values                         43
4.4    Presentation of data on the effect
of slum on property values                     46

CHAPTER FIVE
Finding, Recommendations and Conclusion                 48
5.1    Summary of findings                        48
5.2    Recommendation                            50
5.3    Conclusion                                52
    Bibliography                            54