SEATTLE REAL ESTATE
SEATTLE REAL ESTATE
Focus: Linear Regression
Project: Predict home sale prices in Seattle
Tools: Feature Selection, Multicolinearity, Ordinary Least Squares Model
Read More: View the full writeup on GitHub
Our services.
Dream it.
What is the housing market like in King County/Seattle? In this project, we investigated how several factors significantly impact sale prices of lovely homes.
Did you know that after a certain point, the predicted sale price actually decreases for every additional bathroom there is? Ratio of bedrooms to bathrooms was not even a significant factor across the board of different-sized homes, surprisingly.
Build it.
One of the most significant factors, next to distance to coastline, for the Seattle market was the grade of the house [given by King County grading system]. What this means: Don't aim for simply a passing grade, just because you've got majestic views - it's worth aiming for the highest grade, because for each increment you go up, your predicted sale price will increase.