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    House Price Prediction

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    Vatokic
    This document summarizes a student project to predict house prices using machine learning. It introduces the team members and describes the problem statement of making the house buying process less stressful by predicting prices based on various factors. The objectives, implementation technologies, process, technologies used, and scope of the project are then outlined. The project will use a sample housing dataset to predict prices via regression and clustering models implemented in Python with libraries like NumPy and Pandas in a Jupyter Notebook.

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    House Price Prediction

    Uploaded by

    Vatokic
    3K views8 pages
    This document summarizes a student project to predict house prices using machine learning. It introduces the team members and describes the problem statement of making the house buying process less stressful by predicting prices based on various factors. The objectives, implementation technologies, process, technologies used, and scope of the project are then outlined. The project will use a sample housing dataset to predict prices via regression and clustering models implemented in Python with libraries like NumPy and Pandas in a Jupyter Notebook.

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    House Price Prediction PPT

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    This document summarizes a student project to predict house prices using machine learning. It introduces the team members and describes the problem statement of making the house buying process less stressful by predicting prices based on various factors. The objectives, implementation technologies, process, technologies used, and scope of the project are then outlined. The project will use a sample housing dataset to predict prices via regression and clustering models implemented in Python with libraries like NumPy and Pandas in a Jupyter Notebook.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Download as pptx, pdf, or txt
    3K views8 pages

    House Price Prediction

    Uploaded by

    Vatokic
    This document summarizes a student project to predict house prices using machine learning. It introduces the team members and describes the problem statement of making the house buying process less stressful by predicting prices based on various factors. The objectives, implementation technologies, process, technologies used, and scope of the project are then outlined. The project will use a sample housing dataset to predict prices via regression and clustering models implemented in Python with libraries like NumPy and Pandas in a Jupyter Notebook.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Download as pptx, pdf, or txt
    of 8
    At a glance
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    The project aims to predict house prices based on various attributes using machine learning models.

    Problems faced by buyers when purchasing a house such as lack of awareness about factors influencing prices and issues with real estate agents.

    Python, Jupyter Notebook, NumPy, Pandas, Scikit-learn and other machine learning libraries.

    Vidyavardhini’s College of Engineering and Technology

    Department of Computer Engineering

    1
    “House Price Prediction”
    TEAM MEMBERS
    31 - Samarth Pandey
    44 – Mohit Raje
    45 – Rohit Redekar

    2
    PROBLEM STATEMENT
    ►Problems faced during buying a house:
    1) Buying a house is a stressful thing.
    2) Buyers are generally not aware of factors that influence the house prices.
    3) Many problems are faced during buying a house.
    4) Hence real estate agents are trusted with the communication between
    buyers and sellers as well as laying down a legal contract for the transfer.
    This just creates a middle man and increases the cost of houses.
    ►They believe that it depends upon:
    5) The square foot area
    6) Neighbourhood
    7) The no. of bedrooms
    ► But it depends upon many factors also.....Such as:
    1) No. of storeys. 2) Area outside the house. 3) Rooms on one floor.

    3
    Objective/Motivation

    ▸ Our project is based on data analysis , it will try to guess the most
    accurate price. Information such as state, city, area, stores.

    4
    IMPLEMENTATION TECHNOLOGIES
    • Processor speed - 233 MHz or above

    • RAM - 128 MB

    • Monitor - Standard color Monitor

    • Hard disk - 20 GB

    • Key board 108 keys keyboard

    • Microsoft Visual C++ Build Tools

    • Operating System – Windows 7/10/11

    • Python Compiler and Interpreter ,

    • Jupyter , Numphy , Pandas

    5
    IMPLEMENTATION PROCESS
    we will import linear regression model from Sklearn. Use features
    identified from heatmap and label to create training and testing set.
    Finally we will train our model using training set.
    Sklearn is a open source and efficient tool for predictive data
    analysis. Built on NumPy, SciPy and Matplotlib.

    6
    TECHNOLOGIES USED
    1. Python Language
    2. Jupyter Notebook
    3. NumPY
    4. Pandas

    7
    SCOPE OF PROJECT
    Taking the sample dataset for houses, and considering its various
    attributes, the prices for houses have been predicted by employing
    machine learning methods of regression-for predicting the price
    of estate using prior data, and clustering-for inspecting the quality
    of the solution or output.
    We will be implementing our project in Jupyter Notebook ,
    furthermore it could be attached with a website or an app , to
    provide users a more customised and user friendly experience.

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