Real Estate Price Prediction Using Artificial Intelligence

Abstract

The sales of houses are influenced by various factors such as location, area, population, and other relevant information. Predicting individual housing prices can be instrumental in estimating future real estate prices. This study employs the Random Forest algorithm, a machine learning technique, as the primary methodology for developing a housing price prediction model. By focusing on the Random Forest algorithm, this project aims to optimize prediction accuracy and consistency, considering it as the best model for price prediction. The implementation of this project involves using Python (AI/ML) for coding the Random Forest algorithm, while HTML, CSS, and JS are employed for designing the system's frontend. Ultimately, the House Price Prediction system proves to be a valuable tool for accurately assessing property prices and maintaining a record of price fluctuations, promoting transparency and discouraging fraudulent activities.