House Price prediction

Guided by: Mrs.Anjali More

Submitted By:
Aastha Mahajan(0701CS211001)
Jagrati Makwana(0701CS211021)
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
References
● https://www.python.org/
● https://www.kaggle.com/
● https://pandas.pydata.org/
● https://seaborn.pydata.org/
● https://numpy.org/
● https://www.youtube.com/
References (contd.)
● https://datalesdatales.medium.com/predicting-house-prices-with-linear-regression-595422992c48
● 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