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Title: :  A COMPARATIVE STUDY OF PREDICTING REAL ESTATE PRICES USING MACHINE LEARNING APPROACHES
PaperId: :  24412
Published in:   International Journal Of Advance Research And Innovative Ideas In Education
Publisher:   IJARIIE
e-ISSN:   2395-4396
Volume/Issue:    Volume 10 Issue 3 2024
DUI:    16.0415/IJARIIE-24412
Licence: :   IJARIIE is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.

Author NameAuthor Institute
RAMASONDRANO ANDRIAMANJAKADoctoral School of Science and Technics of Engineering and Innovation University of Antananarivo, Madagascar
Ramafiarisona Hajasoa Malalatiana Doctoral School of Science and Technics of Engineering and Innovation University of Antananarivo, Madagascar

Abstract

Machine Learning engineering
Real estate prices, Machine Learning, Supervised Algorithm, Study comparative algorithms
Research into real estate price prediction using artificial intelligence has been the subject of several empirical studies. The purpose of this project is to identify the most accurate model for predicting real estate prices using artificial intelligence, based on the characteristics of the property and its locality. This study was conducted using an Indian real estate dataset, which includes 14,620 property sales samples and 23 features. To achieve this, various machine learning techniques were employed to compare selected supervised algorithms: Linear Regression,Ridge Regression, Lasso Regression, Support Vector Machine, Random Forest , K-Nearest Neighbors . The choice of the best model is based on the comparison of performance evaluation metrics such as: MAE, MSE, RMSE, R2 and R2 Cross-Validation. The prediction results showed that the optimized Random Forest algorithm provides the best overall performance, with lowest values of MAE, MSE, and RMSE, as well as high R² and R² cross-validation. It gives 87.44% prediction accuracy. This project also demonstrated the importance of taking into account the geographic context in the analysis and prediction of real estate prices.[1]

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IJARIIE RAMASONDRANO ANDRIAMANJAKA, and Ramafiarisona Hajasoa Malalatiana . "A COMPARATIVE STUDY OF PREDICTING REAL ESTATE PRICES USING MACHINE LEARNING APPROACHES" International Journal Of Advance Research And Innovative Ideas In Education Volume 10 Issue 3 2024 Page 6119-6134
MLA RAMASONDRANO ANDRIAMANJAKA, and Ramafiarisona Hajasoa Malalatiana . "A COMPARATIVE STUDY OF PREDICTING REAL ESTATE PRICES USING MACHINE LEARNING APPROACHES." International Journal Of Advance Research And Innovative Ideas In Education 10.3(2024) : 6119-6134.
APA RAMASONDRANO ANDRIAMANJAKA, & Ramafiarisona Hajasoa Malalatiana . (2024). A COMPARATIVE STUDY OF PREDICTING REAL ESTATE PRICES USING MACHINE LEARNING APPROACHES. International Journal Of Advance Research And Innovative Ideas In Education, 10(3), 6119-6134.
Chicago RAMASONDRANO ANDRIAMANJAKA, and Ramafiarisona Hajasoa Malalatiana . "A COMPARATIVE STUDY OF PREDICTING REAL ESTATE PRICES USING MACHINE LEARNING APPROACHES." International Journal Of Advance Research And Innovative Ideas In Education 10, no. 3 (2024) : 6119-6134.
Oxford RAMASONDRANO ANDRIAMANJAKA, and Ramafiarisona Hajasoa Malalatiana . 'A COMPARATIVE STUDY OF PREDICTING REAL ESTATE PRICES USING MACHINE LEARNING APPROACHES', International Journal Of Advance Research And Innovative Ideas In Education, vol. 10, no. 3, 2024, p. 6119-6134. Available from IJARIIE, https://ijariie.com/AdminUploadPdf/A_COMPARATIVE_STUDY_OF_PREDICTING_REAL_ESTATE_PRICES_USING_MACHINE_LEARNING_APPROACHES_ijariie24412.pdf (Accessed : ).
Harvard RAMASONDRANO ANDRIAMANJAKA, and Ramafiarisona Hajasoa Malalatiana . (2024) 'A COMPARATIVE STUDY OF PREDICTING REAL ESTATE PRICES USING MACHINE LEARNING APPROACHES', International Journal Of Advance Research And Innovative Ideas In Education, 10(3), pp. 6119-6134IJARIIE [Online]. Available at: https://ijariie.com/AdminUploadPdf/A_COMPARATIVE_STUDY_OF_PREDICTING_REAL_ESTATE_PRICES_USING_MACHINE_LEARNING_APPROACHES_ijariie24412.pdf (Accessed : )
IEEE RAMASONDRANO ANDRIAMANJAKA, and Ramafiarisona Hajasoa Malalatiana , "A COMPARATIVE STUDY OF PREDICTING REAL ESTATE PRICES USING MACHINE LEARNING APPROACHES," International Journal Of Advance Research And Innovative Ideas In Education, vol. 10, no. 3, pp. 6119-6134, May-Jun 2024. [Online]. Available: https://ijariie.com/AdminUploadPdf/A_COMPARATIVE_STUDY_OF_PREDICTING_REAL_ESTATE_PRICES_USING_MACHINE_LEARNING_APPROACHES_ijariie24412.pdf [Accessed : ].
Turabian RAMASONDRANO ANDRIAMANJAKA, and Ramafiarisona Hajasoa Malalatiana . "A COMPARATIVE STUDY OF PREDICTING REAL ESTATE PRICES USING MACHINE LEARNING APPROACHES." International Journal Of Advance Research And Innovative Ideas In Education [Online]. volume 10 number 3 ().
Vancouver RAMASONDRANO ANDRIAMANJAKA, and Ramafiarisona Hajasoa Malalatiana . A COMPARATIVE STUDY OF PREDICTING REAL ESTATE PRICES USING MACHINE LEARNING APPROACHES. International Journal Of Advance Research And Innovative Ideas In Education [Internet]. 2024 [Cited : ]; 10(3) : 6119-6134. Available from: https://ijariie.com/AdminUploadPdf/A_COMPARATIVE_STUDY_OF_PREDICTING_REAL_ESTATE_PRICES_USING_MACHINE_LEARNING_APPROACHES_ijariie24412.pdf
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