A C4.5 - CART DECISION TREE MODEL FOR REAL ESTATE PRICE PREDICTION AND THE ANALYSIS OF THE UNDERLYING FEATURES

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dc.authoridLevent Genç / 0000-0002-0074-0987
dc.authoridYücebaş, Sait Can / 0000-0002-1030-3545
dc.contributor.authorYücebaş, Sait Can
dc.contributor.authorDoğan, Melike
dc.contributor.authorGenç, Levent
dc.date.accessioned2025-01-27T20:53:50Z
dc.date.available2025-01-27T20:53:50Z
dc.date.issued2022
dc.departmentÇanakkale Onsekiz Mart Üniversitesi
dc.description.abstractThe machine learning approaches are used in different domains for price prediction. Real estate price prediction comes to fore in recent years. However, most of the studies focus on the prediction performance and the factors affecting the price are often ignored. In this study, a C4.5 - CART model to predict the residential real estate prices is developed. This model is capable of predicting both numeric and categorical price for real estate properties. In addition, the factors affecting the price are reveled and analyzed in detail. The performance of the developed model is compared to Direct Capitalization model, which is used as a gold standard in the domain. Both models are tested on a dataset that includes updated real time data that is gathered by a web scraper. For numeric prediction, RMSE of the developed model is 13.169 and 358.69 for the Direct Capitalization model. KAPPA and accuracy is used for the categorical prediction. The model has 81% KAPPA and 88% accuracy.
dc.identifier.doi10.36306/konjes.1013833
dc.identifier.endpage161
dc.identifier.issn2667-8055
dc.identifier.issue1
dc.identifier.startpage147
dc.identifier.trdizinid509010
dc.identifier.urihttps://doi.org/10.36306/konjes.1013833
dc.identifier.urihttps://search.trdizin.gov.tr/tr/yayin/detay/509010
dc.identifier.urihttps://hdl.handle.net/20.500.12428/25867
dc.identifier.volume10
dc.identifier.wosWOS:001314148900013
dc.identifier.wosqualityN/A
dc.indekslendigikaynakWeb of Science
dc.indekslendigikaynakTR-Dizin
dc.language.isoen
dc.publisherKonya Teknik Univ
dc.relation.ispartofKonya Journal of Engineering Sciences
dc.relation.publicationcategoryinfo:eu-repo/semantics/openAccess
dc.rightsinfo:eu-repo/semantics/openAccess
dc.snmzKA_WoS_20250125
dc.subjectMachine learning
dc.subjectDecision tree
dc.subjectC4.5
dc.subjectCART
dc.subjectDirect Capitalization
dc.titleA C4.5 - CART DECISION TREE MODEL FOR REAL ESTATE PRICE PREDICTION AND THE ANALYSIS OF THE UNDERLYING FEATURES
dc.typeArticle

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