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We all have experienced a time when we have to look up for a new house to buy. But then the journey begins with a lot of frauds, negotiating deals, researching the local areas and so on.

House Price Prediction using Machine Learning

So to deal with this kind of issues Today we will be preparing a MACHINE LEARNING Based model, trained on the House Price Prediction Dataset. 

You can download the dataset from this link.

The dataset contains 13 features :

Importing Libraries and Dataset

Here we are using 

  • Pandas – To load the Dataframe
  • Matplotlib – To visualize the data features i.e. barplot
  • Seaborn – To see the correlation between features using heatmap

capstone project house price prediction

As we have imported the data. So shape method will show us the dimension of the dataset. 

Output: 

Data Preprocessing

Now, we categorize the features depending on their datatype (int, float, object) and then calculate the number of them. 

Exploratory Data Analysis

EDA refers to the deep analysis of data so as to discover different patterns and spot anomalies. Before making inferences from data it is essential to examine all your variables.

So here let’s make a heatmap using seaborn library.

capstone project house price prediction

To analyze the different categorical features. Let’s draw the barplot .

capstone project house price prediction

The plot shows that Exterior1st has around 16 unique categories and other features have around  6 unique categories. To findout the actual count of each category we can plot the bargraph of each four features separately.

capstone project house price prediction

Data Cleaning

Data Cleaning is the way to improvise the data or remove incorrect, corrupted or irrelevant data.

As in our dataset, there are some columns that are not important and irrelevant for the model training. So, we can drop that column before training. There are 2 approaches to dealing with empty/null values

  • We can easily delete the column/row (if the feature or record is not much important).
  • Filling the empty slots with mean/mode/0/NA/etc. (depending on the dataset requirement).

As Id Column will not be participating in any prediction. So we can Drop it.

Replacing SalePrice empty values with their mean values to make the data distribution symmetric.

Drop records with null values (as the empty records are very less).

Checking features which have null values in the new dataframe (if there are still any).

capstone project house price prediction

OneHotEncoder – For Label categorical features

One hot Encoding is the best way to convert categorical data into binary vectors. This maps the values to integer values. By using OneHotEncoder , we can easily convert object data into int. So for that, firstly we have to collect all the features which have the object datatype. To do so, we will make a loop.

capstone project house price prediction

Then once we have a list of all the features. We can apply OneHotEncoding to the whole list.

Splitting Dataset into Training and Testing

X and Y splitting (i.e. Y is the SalePrice column and the rest of the other columns are X)

Model and Accuracy

As we have to train the model to determine the continuous values, so we will be using these regression models.

  • SVM-Support Vector Machine
  • Random Forest Regressor
  • Linear Regressor

And To calculate loss we will be using the mean_absolute_percentage_error module. It can easily be imported by using sklearn library. The formula for Mean Absolute Error : 

capstone project house price prediction

SVM – Support vector Machine

SVM can be used for both regression and classification model. It finds the hyperplane in the n-dimensional plane. To read more about svm refer this.

Output : 

Random Forest Regression

Random Forest is an ensemble technique that uses multiple of decision trees and can be used for both regression and classification tasks. To read more about random forests refer this.

Linear Regression

Linear Regression predicts the final output-dependent value based on the given independent features. Like, here we have to predict SalePrice depending on features like MSSubClass, YearBuilt, BldgType, Exterior1st etc. To read more about Linear Regression refer this.

CatBoost Classifier

CatBoost is a machine learning algorithm implemented by Yandex and is open-source. It is simple to interface with deep learning frameworks such as Apple’s Core ML and Google’s TensorFlow. Performance, ease-of-use, and robustness are the main advantages of the CatBoost library. To read more about CatBoost refer this .

Clearly, SVM model is giving better accuracy as the mean absolute error is the least among all the other regressor models i.e. 0.18 approx. To get much better results ensemble learning techniques like Bagging and Boosting can also be used.

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IMAGES

  1. Final Report Capstone Project House Price Prediction

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  5. Capstone HPP RamgokulJ.pptx

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  6. Property Price Prediction Capstone Project

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  1. Best Capstone Project 2023, Session 1

  2. House Rent Prediction Kaggle Project!!! End to End Machine Learning Project using Flask!!! #youtube

  3. House Price Prediction using ML

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  5. My Secret To Buying 13 Properties in one year (2023 Recap)

  6. Medical Insurance Price Prediction DATA 606 CAPSTONE

COMMENTS

  1. GitHub

    This project is about predicting the final sale price of a house. The data is collected from Kaggle. The data set consists of 1460 observations with 81 variables. All the predictors explain the various features of the house, the data frame consists of one output variable 'Sale Price'.

  2. GitHub

    The purpose of the project is to predict house prices, given the data set. The model created will learn from the data and be able to predict the housing price, given all the other metrics. Take advantage of all data set and guidelines available, use it to analyse and predict house prices, to successfully complete the capstone project taken.

  3. Capstone Project : Regression Analysis for Housing Price Prediction

    Capstone Project : Regression Analysis for Predicting Housing Price with the Use of Python. ... House Price Prediction. We can input the data that we want to use to predict the house price. The data input should have the same arrangement as the columns of the dataset. ... Exploring Linear Regression: A Practical Project. 13 min read ...

  4. sherpalakpa1/PredictHousePrice: Springboard Capstone Project 2

    From our dataset, I found that the most expensive house is priced 7,700,000.00 and the least expensive house is priced 75,000.00. The average or mean price of a house is 540,088.14 and the median price of a house is 450,000.00. I plot the histogram of price and found the dataset is right-skewed.

  5. Final Report Capstone Project House Price Prediction

    This is to certify that the Capstone Project report submitted by Mr. Rakesh. K bearing 211VMBR03495 on the title ―House Price Prediction" is a record of project work done by him during the academic year 2022-23 under my guidance and supervision in partial fulfillment of Master of Business Administration. Place: Bengaluru _____

  6. House Price Prediction using Machine Learning in Python

    CatBoost is a machine learning algorithm implemented by Yandex and is open-source. It is simple to interface with deep learning frameworks such as Apple's Core ML and Google's TensorFlow. Performance, ease-of-use, and robustness are the main advantages of the CatBoost library. To read more about CatBoost refer this.

  7. PDF HOUSE PRICE PREDICTION USING MACHINE LEARNING

    House prices increase every year, so there is a need for a system to predict house prices in the future. House price prediction can help the developer determine the selling price of a house and can help the customer to arrange the right time to purchase a house. We use linear regression algorithm in machine learning for predicting the house ...

  8. Business: Capstone Project House Price Prediction Project Note-1

    Capstone_Project__Sonal_Singh.pdf - Free download as PDF File (.pdf), Text File (.txt) or read online for free. This document provides an overview and outline for a project aimed at predicting house prices. It introduces the problem, which is to understand how various house features can predict price. It then outlines the data, which was collected from 2014-2015 and includes 23 variables like ...

  9. House Prices Prediction Using Deep Learning

    The following features have been provided: ️ Date: Date house was sold. ️ Price: Price is prediction target. ️ Bedrooms: Number of Bedrooms/House. ️ Bathrooms: Number of bathrooms/House. ️ Sqft_Living: square footage of the home. ️ Sqft_Lot: square footage of the lot. ️ Floors: Total floors (levels) in house.

  10. House Price Prediction

    Collection of Data This is a Capstone Project driven by the Great Learning, hence the data of "House Price Prediction" is provided to us from the learning platform. In real life, the data can be from first hand records of brokers and owners, or maybe a record out from the survey of various localities.It can also be a personal interview records done by the society owners.

  11. Machine Learning: Regression

    House Price Prediction: A Simple Guide with Scikit-Learn and Linear Regression. Navigate the realm of predictive analytics with simplicity. ... End-to-End Machine Learning Project: Churn Prediction. The main objective of this article is to develop an end-to-end machine learning project. For a model to be truly useful, it needs to be…

  12. House Price Prediction

    Explore and run machine learning code with Kaggle Notebooks | Using data from Ames Housing Dataset

  13. SanyamJain973/Capstone-Project-house-price-prediction

    This project is about predicting the final sale price of a house. The data set consists of 1460 observations with 81 variables. All the predictors explain the various features of the house, the data frame consists of one output variable 'Sale Price'. Data cleaning steps such as introducing new classes to missing categorical data, filling mean ...

  14. PDF HOUSING PRICE PROJECT REPORT

    prediction for the percent price change of that house in the year 2021. This allows the user to explore how house prices would react in various potential scenarios, and we believe this could be helpful for future decision making. 6. Summary By analysing historical data for house prices in Calgary along with various rele-

  15. Capstone Project: Airbnb Price Prediction Regression Analysis in

    VDOM DHTML tml>. Capstone Project: Airbnb Price Prediction Regression Analysis in Washington, D.C.

  16. Predicting Housing Prices Using Scikit-Learn's Random Forest Model

    Motivation. Having a housing price prediction model can be a very important tool for both the seller and the buyer as it can aid them in making well informed decision. For sellers, it may help them to determine the average price at which they should put their house for sale while for buyers, it may help them find out the right average price to ...

  17. housing-price-prediction · GitHub Topics · GitHub

    Add this topic to your repo. To associate your repository with the housing-price-prediction topic, visit your repo's landing page and select "manage topics." GitHub is where people build software. More than 100 million people use GitHub to discover, fork, and contribute to over 420 million projects.

  18. Interior Designers & House Decorators in Elektrostal'

    Search 12,871 Elektrostal' interior designers & house decorators to find the best interior designer or decorator for your project. See the top reviewed local interior designers & decorators in Elektrostal', Moscow Oblast, Russia on Houzz.

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