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Predict house prices with regression algorithms and sklearn

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Duration

30 Minutes

level

Beginner

Rating

4.4

Review

44 Reviews

Enrolled

392 Enrolled

Learn how to predict house prices using regression algorithms in Python with Scikit-learn. Discover the power of linear regression, decision trees, and other models to build accurate predictive models for real estate and housing markets.

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At a Glance

Learn various regression algorithms using Python and scikit-learn, including multiple linear regression, random forest, and decision trees. Visualize your results with Matplotlib and perform a comparative study of different regression models, highlighting their importance in predicting house prices. Use Pandas and scikit-learn to understand and implement these regression techniques and produce insightful visualizations to enhance your analysis.

In this project, learn how to develop a regression model to predict house prices based on various features such as the year it was built, its size, and the number of rooms. By using a comprehensive data set, you’ll explore and preprocess the data, and train different regression models such as linear, and multiple linear, as well as decision trees and random forest trees to make price predictions and compare each of the models.

This hands-on project is based on the Learn regression algorithms using Python and scikit-learn tutorial. The guided project format combines the instructions of the tutorial with the environment to execute these instructions without the need to download, install, and configure tools. 

A look at the project ahead

By completing this project, you are able to:
  • Implement regression models: Use Python and scikit-learn to develop various regression models.
  • Master data preparation: Acquire skills in cleaning and preparing data for regression analysis.
  • Evaluate model performance: Learn to use metrics like MSE and R-squared to assess model accuracy.
  • Apply regression to real estate: Demonstrate how regression predicts real estate prices, which aids in investment decisions.

What you’ll need

  • No installation required: Everything is available in the JupyterLab, including any Python libraries and data sets.
  • Basic understanding of Python: Some basic understanding of Python is beneficial.
  • Some understanding of statistical concepts: It’s helpful to have some understanding of regression concepts, particularly linear, multiple, and polynomial regression as well as random forest and decision trees.

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Predict house prices with regression algorithms and sklearn
Predict house prices with regression algorithms and sklearn
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