Real Estate Price Prediction Engine
Project scope
Categories
Data visualization Data analysis Data modelling Machine learning Data scienceSkills
data preprocessing data science market value real estate market analysis performance appraisal machine learning algorithms investment decisions data-driven decision making machine learning data analysisRHB Inc. is seeking to develop a Real Estate Price Prediction Engine to enhance its data-driven decision-making capabilities. The primary goal of this project is to create a predictive model that accurately estimates the market value of residential properties based on various factors such as location, size, age, and other relevant features. This project will allow learners to apply their knowledge of data science, machine learning, and real estate market analysis. The team will gather and preprocess data, select appropriate machine learning algorithms, and evaluate the model's performance. The final product will be a user-friendly tool that can be used by RHB Inc. to make informed investment decisions.
The deliverables for this project include:
- A cleaned and preprocessed dataset ready for model training.
- A machine learning model capable of predicting real estate prices with a high degree of accuracy.
- A comprehensive report detailing the methodology, data analysis, model selection, and performance evaluation.
- A user-friendly interface or dashboard for RHB Inc. to input property features and obtain price predictions.
Providing specialized, in-depth knowledge and general industry insights for a comprehensive understanding.
About the company
RHB is a company that specializes in constructing and designing residential properties. They offer a range of services, including new home construction, home remodeling, and custom home building. The company is known for their attention to detail and high-quality craftsmanship. They work with clients to create custom designs and floor plans that meet their specific needs and preferences. Roman Home Builders is a reputable and experienced company, known for building beautiful, comfortable, and durable homes.
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