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ArticlePeer ReviewedOpen AccessPlagiarism Passed
Paper ID:IJSREM27168

Real Estate Price Prediction

Stream/Area:

-

Subject:

-

Paper ID:

IJSREM27168

Volume:

7 |

4 |

Apr 2023

Pages:

Publication Frequency:

Monthly (12 issues per year)

DOI
Digital Object Identifier
Not assigned

License:International Journal of Scientific Research in Engineering and Management follows the Creative Commons Attribution 4.0 (CC BY 4.0) License, allowing free use and distribution with proper attribution.

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Authors

P

Priyadarshini

SKS

Shishir Kumar Singh

DAB

Dr. Ashish Baiswar

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Abstract

Accurate real estate price prediction is a critical aspect in property investment, buying, and selling decisions. Machine learning (ML) offers a promising approach to modeling the complex and non-linear relationships between various factors influencing property prices. This study presents a Random Forest-based model trained on a dataset containing historical real estate transactions, location features, property attributes, and market trends. Our model achieved a high prediction accuracy and demonstrated robustness in diverse property conditions. We discuss data preprocessing, feature selection, model training, and evaluation techniques. The results indicate that ML algorithms can significantly enhance decision-making in real estate transactions.

KEYWORDS

Real Estate Price Prediction Machine Learning Random Forest Data Preprocessing Feature Engineering Model Evaluation Property Attributes Regression Location-Based Pricing.

Cite This Article

Priyadarshini, Shishir Kumar Singh, Dr. Ashish Baiswar, "Real Estate Price Prediction," International Journal of Scientific Research in Engineering and Management, vol. 7, no. 4, Apr 2023.

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Publication Date

12/3/2025

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Double-Blind Peer Review

Review Rounds: 2

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The authors declare no conflict of interest related to this research work.

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