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Bibliographic Details
Main Author: Takizawa, Atsushi
Format: Preprint
Published: 2023
Subjects:
Online Access:https://arxiv.org/abs/2303.13568
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author Takizawa, Atsushi
author_facet Takizawa, Atsushi
contents Access graphs that indicate adjacency relationships from the perspective of flow lines of rooms are extracted automatically from a large number of floor plan images of a family-oriented rental apartment complex in Osaka Prefecture, Japan, based on a recently proposed access graph extraction method with slight modifications. We define and implement a graph convolutional network (GCN) for access graphs and propose a model to estimate the real estate value of access graphs as the floor plan value. The model, which includes the floor plan value and hedonic method using other general explanatory variables, is used to estimate rents and their estimation accuracies are compared. In addition, the features of the floor plan that explain the rent are analyzed from the learned convolution network. Therefore, a new model for comprehensively estimating the value of real estate floor plans is proposed and validated. The results show that the proposed method significantly improves the accuracy of rent estimation compared to that of conventional models, and it is possible to understand the specific spatial configuration rules that influence the value of a floor plan by analyzing the learned GCN.
format Preprint
id arxiv_https___arxiv_org_abs_2303_13568
institution arXiv
publishDate 2023
record_format arxiv
spellingShingle Extracting real estate values of rental apartment floor plans using graph convolutional networks
Takizawa, Atsushi
Machine Learning
Artificial Intelligence
Computer Vision and Pattern Recognition
Access graphs that indicate adjacency relationships from the perspective of flow lines of rooms are extracted automatically from a large number of floor plan images of a family-oriented rental apartment complex in Osaka Prefecture, Japan, based on a recently proposed access graph extraction method with slight modifications. We define and implement a graph convolutional network (GCN) for access graphs and propose a model to estimate the real estate value of access graphs as the floor plan value. The model, which includes the floor plan value and hedonic method using other general explanatory variables, is used to estimate rents and their estimation accuracies are compared. In addition, the features of the floor plan that explain the rent are analyzed from the learned convolution network. Therefore, a new model for comprehensively estimating the value of real estate floor plans is proposed and validated. The results show that the proposed method significantly improves the accuracy of rent estimation compared to that of conventional models, and it is possible to understand the specific spatial configuration rules that influence the value of a floor plan by analyzing the learned GCN.
title Extracting real estate values of rental apartment floor plans using graph convolutional networks
topic Machine Learning
Artificial Intelligence
Computer Vision and Pattern Recognition
url https://arxiv.org/abs/2303.13568