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    House Sale Price Prediction

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    Divyansh sinha
    This document describes a project to build a machine learning model for predicting house sale prices. The objectives are to create a model that can predict prices of new houses based on housing features and locations, using an artificial neural network. The concepts used include exploratory data analysis, feature engineering, and model training, evaluation and prediction. On running the code and predicting prices of new houses, results were found. The document lists references used in the project.

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    House Sale Price Prediction

    Uploaded by

    Divyansh sinha
    563 views11 pages
    This document describes a project to build a machine learning model for predicting house sale prices. The objectives are to create a model that can predict prices of new houses based on housing features and locations, using an artificial neural network. The concepts used include exploratory data analysis, feature engineering, and model training, evaluation and prediction. On running the code and predicting prices of new houses, results were found. The document lists references used in the project.

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    This document describes a project to build a machine learning model for predicting house sale prices. The objectives are to create a model that can predict prices of new houses based on housing features and locations, using an artificial neural network. The concepts used include exploratory data analysis, feature engineering, and model training, evaluation and prediction. On running the code and predicting prices of new houses, results were found. The document lists references used in the project.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Download as pptx, pdf, or txt
    563 views11 pages

    House Sale Price Prediction

    Uploaded by

    Divyansh sinha
    This document describes a project to build a machine learning model for predicting house sale prices. The objectives are to create a model that can predict prices of new houses based on housing features and locations, using an artificial neural network. The concepts used include exploratory data analysis, feature engineering, and model training, evaluation and prediction. On running the code and predicting prices of new houses, results were found. The document lists references used in the project.

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    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Download as pptx, pdf, or txt
    of 11

    House Sale Price Prediction

    Subject: Data Mining


    Faculty In-charge: Dr. Vijaya Shetty
    Submitted By:
    Akash Ranjan (1NT18IS021)
    Anjani Saurav (1NT18IS030)
    Divyansh Sinha(1NT18IS056)
    Problem Statement
    Housing prices are an important reflection of the economy, and housing price
    ranges are of great interest for both buyers and sellers. In this project, house
    prices will be predicted given explanatory variables that cover many aspects of
    residential houses. The goal of this project is to create a regression model that
    are able to accurately estimate the price of the house given the features.
    Ask a home buyer to describe their dream house, and they probably won’t
    begin with the height of the basement ceiling or the proximity to an east-west
    railroad. But this playground competition’s data-set proves that much more
    influences price negotiations than the number of bedrooms or a white-picket
    fence.
    Objectives
    ● To build a house sale price prediction model that can predict a brand
    new house of a given location based on housing features and
    location.

    ● Use of a Artificial Neural Network to train the model and predict


    the sale price of a brand new houses.
    Hardware Requirements
    ● The application does not require very complex computers.

    ● Any computer with minimum 4GB RAM and regular configurations is


    enough to run the program.
    Software Requirements
    ● The code is completely written in python.
    ● It makes extensive use of libraries like Scikit, numpy, pandas, matplotlib etc.
    ● It can be run on any IDE which supports python language. Some examples of
    IDs are PyCharm and Anaconda Jupyter.
    ● Alternatively, It can be run on browsers using Google Colab or IBM Watson.
    House Sale Price Prediction : Introduction
    ● Prices of real estate properties are sophisticatedly linked with our economy.
    Despite this, we do not have accurate measures of housing prices based on
    the vast amount of data available. Therefore, the goal of this project is to
    use machine learning to predict the selling prices of houses based on many
    housing features and location.
    ● A house value is simply more than location and square footage. Like the
    features that make up a person, an educated party would want to know all
    aspects that give a house its value.
    ● We are going to take advantage of all of the feature variables available to
    use and use it to analyze and predict house prices.
    Concepts Used
    ● Dataset: kc_house_data.csv (by Kaggle)
    ● Exploratory Data Analysis
    ● Geographical Properties
    ● Feature Engineering
    ● Scaling and Train Test Split
    ● Creating a model
    ● Training a model
    ● Evaluating on a test data
    ● Predicting a brand new house
    Output
    On running the entire code and

    predicting the sale price of brand new

    house, the following results

    were found:
    References
    ● R. Ghodsi, ―Estimation of Housing Prices by Fuzzy Regression and Artificial Neural
    Network,‖ in Fourth Asia International Conference on Mathematical/ Analytical Modelling
    and Comuter Simulation, 2010, no. 1.
    ● Y. Feng and K. Jones, ―Comparing multilevel modelling and artificial neural networks in
    house price prediction,‖ 2015 2nd IEEE Int. Conf. Spat. Data Min. Geogr. Knowl. Serv., pp.
    108–114, 2015.
    ● W. T. Lim, L. Wang, and Y. Wang, ―Singapore Housing Price Prediction Using Neural
    Networks,‖ Int. Conf. Nat. Comput. Fuzzy Syst. Knowl. Discov., vol. 12, pp. 518–522, 2016.
    ● https://towardsdatascience.com/predicting-house-prices-with-linear-regression-machine-l
    earning-from-scratch-part-ii-47a0238aeac1
    ● https://www.kaggle.com/erick5/predicting-house-prices-with-machine-learning
    References (contd.)
    ● https://datalesdatales.medium.com/predicting-house-prices-with-linear-regression-59542
    2992c48
    ● V. Limsombunchai, ―House price prediction: Hedonic price model vs. artificial neural
    network,‖ Am. J. …, 2004.
    ● Real Estate Price Prediction with Regression and Classification, CS 229 Autumn 2016
    ● Byeonghwa Park, Jae Kwon Bae (2015). Using machine learning algorithms for housing
    price prediction, Volume 42, Pages 2928-2934
    ● Data Mining: Concepts And Techniques 3rd Edition by Jain Pei and Jiawei Han and
    Micheline Kamber, Elsevier Science
    ● Introduction to Data Mining by Vipin Kumar (Author), Pang-Ning Tan Michael Steinbach
    (Author)
    ● https://www.kaggle.com/harlfoxem/housesalesprediction

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