3 Big Questions about Raleigh Construction (Answered by Data)


1

What types of construction projects have been done in Raleigh?

Between 2000 and 2018, about 69% of planned Raleigh construction projects were residential. download (20)

Of these, the most common projects involved the construction of new buildings, while the most common non-residential projects were repairs and alterations to existing buildings

2

How much does the average construction project cost?

The average construction project in Raleigh had an estimated cost of just over $192,000, but that number requires some explanation. A few unusually expensive projects, such as additions to REX Hospital, brought up the average substantially.

In fact, 75% of projects were estimated to cost under $135,000, and the median project ran at just $53,616. These numbers give you a better sense of how much the typical project costs than you would get by looking at the statistical mean.

download (23)

Residential Only

download (21)

Non-Residential Only

download (22)

 

3

Where has the most construction been done?

Four street names have been the site of over a thousand projects each. (For context, the median number of projects per street name was nine.)

They were:

Glenwood: 2416 Projects

download (26)

Six Forks: 1542 Projects

six_forks

Falls of Neuse: 1521 Projects

falls of neuse

Capital: 1106 Projectsdownload (27)


There’s probably a lot more I could do with this data. Are there any questions you would like me to answer in a future post? Does anything here make you feel curious? You can let me know by commenting below or emailing me at michaelfosterprojects@gmail.com

 

 

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s