3 Big Questions about Raleigh Construction (Answered by Data)

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1. What types of construction projects have been done in Raleigh?

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

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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.

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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

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Six Forks: 1542 projects

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Falls of Neuse: 1521 projects

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Capital: 1106 projects

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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

Written on February 14, 2018