Construction Value
$7.8M ▼ 61.7%
Units Permitted
37 ▼ 9.8%
Avg Value / Unit
$210K
2024 · Census Bureau Building Permits Survey
Construction activity in Ridgway slowed in 2024, down 9.8% from the prior year with 37 housing units permitted. At $210K per unit, new builds are 34% below the Ouray County average of $317K, indicating more affordable construction. Volume is still modest compared to neighboring towns (30% fewer units than the county average of 53), but the investment per project is strong. 59.5% of new units were multi-family (apartments, condos, duplexes).
Housing Mixi
Development Densityi
Units per building permitted
Mostly single-family with some small multi-unit buildings.
Construction Intensityi
$7K
per resident
County avg: $737K-99%
$4.2M
per square mile
Ridgway vs. Ouray County Averagei
Where the Money Goesi
Construction value by housing type (2024)
| Type | Units | Bldgs | Value | Share |
|---|---|---|---|---|
| ■ Single-Family | 15 | 15 | $3.9M | 50% |
| ■ Duplex | 0 | 0 | — | 0% |
| ■ 3-4 Unit | 4 | 1 | $597K | 8% |
| ■ 5+ Unit | 18 | 2 | $3.3M | 43% |
County Ranking by Construction Volume
Among 2 permit-issuing towns in Ouray County
Historical trends, year-over-year analysis, and full permit history available with a paid plan. See products & pricing →