Gradient Boosting–Based Machine Learning Methods in Real Estate Market Forecasting
Year: 2020

Several approaches can be used to estimate the value of residential real estate. The sales comparison approach requires assessing a number of comparable residential properties and determining the degree of their compatibility. The cost approach requires using the information on all construction costs. The income approach requires a large amount of data on the market capacity, operation cost, expected operating expenses, and competitive opportunities. For the end customer or buyer and often for a