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housing-price-prediction's Introduction

Housing Price Prediction: Project Overview

  • Data preprocessing: took log of skewed numerics, created dummies for categoricals, and replaced null values with the mean of their respective column
  • Predicted housing prices with ridge, lasso, and elastic regression models
  • Found the most impactful coefficients(features) on predicting a house's price with lasso and elastic
  • Used xgboost to get a better score

Resources Used:

Python Version: 3.6 Packages: pandas, numpy, sklearn, matplotlib, scipy, xgboost

Data Preprocessing:

  • took log of skewed numerics
  • created dummies for categoricals
  • replaced null values with the mean of their respective column alt text

Model Building and EDA:

Finding alpha for ridge regression: alt text

Finding the most impactful coefficients with lasso regression: alt text

Plotting residuals: alt text alt text

Model Evaluation:

I tested 4 different modesls and evaluated them with root mean square error (RMSE).

  • Ridge Regression : 0.12733734668670765
  • Lasso Regression : 0.1225673588504812
  • Elastic Regression : 0.1237462980365083
  • Xgboost : 0.12494475766362181

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