Comparing OLS based hedonic model and ANN in house price estimation using relative location

• Published in: Spatial information research (Online) Vol. 30; no. 1; pp. 107 - 116
• Main Author: Mankad, Mudit D.
• Format: Journal Article
• Language: English
• Published: Singapore Springer Singapore 01.02.2022; 대한공간정보학회
• Subjects: Database Management; Earth and Environmental Science; Geographical Information Systems/Cartography; Geography; Remote Sensing/Photogrammetry; 공학일반; Hedonic model; House price; ANN; Relative location; OLS; TensorFlow

Accurate house price estimation is of great importance not only to various real estates stakeholders such as house owners, buyers, investors, and agents but also to banking and insurance sectors among others. This estimation is a very challenging and complex task as it involves a variety of attribut...