Skip to content
Real Estate Technology

User Stats

192
Posts
74
Votes
Scott Dixon
Pro Member
  • Rental Property Investor
  • Champaign, IL
74
Votes |
192
Posts

Data Visualization and Big Data to Drive Smart Investing

Scott Dixon
Pro Member
  • Rental Property Investor
  • Champaign, IL
Posted Nov 28 2014, 15:58

Has anyone worked with taking a real estate data set such as building permits, real estate sales, etc. and used a Big Data too like Tableau to visualize the data?  I have started to look at my local market to see what take aways I can gather about Real Estate Investing from 2004-2014.  Since my data set is just the Champaign / Urbana area in Illinois  I can't make many comparisons yet to other similar markets within Illinois or neighboring states but that is something I will be working on in the near future.  I would expect residential and commercial agents might have more experience with this type of data but I do think there is a lot of value for investors.  

Example of my Tableau Dashboard for Champaign Urbana:

2004 - 2014 Real Estate Investment in Champaign Urbana

Possible Uses of the Data

1)  Identifying the Path of Progress

2)  New Build vs. Rehab/Additions over the past 10 years

3)  Cost Info for projects to be used in  marketing and offers to motivated sellers

4)  List of Contractors who work in your area

Scott Dixon

Loading replies...