House Price Prediction with Deep Learning

House Price Prediction with Deep Learning

    Presenter(s)

    Amira A. Yousif

    Comments

    Presentation: 10:40-11:00, LTC Studio

    Description

    The real estate industry relies heavily on accurately predicting the price of a house based on numerous factors such as size, location, amenities, and season. In this study, we explore the use of machine learning techniques for predicting house prices by considering both visual cues and estate attributes. We collected a dataset (REPD-3000) of 3000 houses across 74 cities in the USA and annotated 14 estate attributes and five visual images for each house's exterior, interior-living room, kitchen, bedroom, and bathroom. We extracted features from the input images using convolutional neural network (CNN) and fed them along with the estate attributes into a multi-kernel deep learning regression model to predict the house price. Our model outperformed baseline models in extensive experiments, achieving the best result with a mean absolute error (MAE) of 16.60. We compared our model with a multi-kernel support vector regression and analyzed the impact of incorporating individual feature sets. In future, we plan to address class imbalance by having the same number of houses in each class and explore feature engineering for improving the model's performance.

    Publication Date

    4-17-2024

    Project Designation

    Graduate Research

    Primary Advisor

    Van Tam Nguyen, Ju Shen

    Primary Advisor's Department

    Computer Science

    Keywords

    Stander Symposium, College of Arts and Sciences

    Institutional Learning Goals

    Community; Community; Vocation

    House Price Prediction with Deep Learning

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