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When an individual purchases a home, they simultaneously purchase its structural features, its accessibility to work, and the neighborhood amenities. Some amenities, such as air quality, are measurable while others, such as the prestige or…

Econometrics · Economics 2019-10-22 Stephen Law , Brooks Paige , Chris Russell

This paper details an innovative methodology to integrate image data into traditional econometric models. Motivated by forecasting sales prices for residential real estate, we harness the power of deep learning to add "information"…

General Economics · Economics 2024-04-01 Ardyn Nordstrom , Morgan Nordstrom , Matthew D. Webb

Since the advent of online real estate database companies like Zillow, Trulia and Redfin, the problem of automatic estimation of market values for houses has received considerable attention. Several real estate websites provide such…

Computer Vision and Pattern Recognition · Computer Science 2018-10-04 Omid Poursaeed , Tomas Matera , Serge Belongie

Most existing automatic house price estimation systems rely only on some textual data like its neighborhood area and the number of rooms. The final price is estimated by a human agent who visits the house and assesses it visually. In this…

Computer Vision and Pattern Recognition · Computer Science 2016-09-28 Eman Ahmed , Mohamed Moustafa

Buying a home is one of the most important buying decisions people have to make in their life. The latest research on real-estate appraisal focuses on incorporating image data in addition to structured data into the modeling process. This…

Computer Vision and Pattern Recognition · Computer Science 2020-06-23 Jan-Peter Kucklick , Oliver Müller

Accurate prediction of house price, a vital aspect of the residential real estate sector, is of substantial interest for a wide range of stakeholders. However, predicting house prices is a complex task due to the significant variability…

Machine Learning · Computer Science 2024-09-10 Md Hasebul Hasan , Md Abid Jahan , Mohammed Eunus Ali , Yuan-Fang Li , Timos Sellis

One of the important requirements in image retrieval, indexing, classification, clustering and etc. is extracting efficient features from images. The color feature is one of the most widely used visual features. Use of color histogram is…

Computer Vision and Pattern Recognition · Computer Science 2012-01-17 Fatemeh Alamdar , MohammadReza Keyvanpour

Real estate appraisal, which is the process of estimating the price for real estate properties, is crucial for both buys and sellers as the basis for negotiation and transaction. Traditionally, the repeat sales model has been widely adopted…

Computer Vision and Pattern Recognition · Computer Science 2017-07-31 Quanzeng You , Ran Pang , Liangliang Cao , Jiebo Luo

Traditional art pricing models often lack fine measurements of painting content. This paper proposes a new content measurement: the Shannon information quantity measured by the singular value decomposition (SVD) entropy of the painting…

Pricing of Securities · Quantitative Finance 2023-02-17 Jaehyuk Choi , Lan Ju , Jian Li , Zhiyong Tu

In this paper we propose a score of an image to use for coreset selection in image classification and semantic segmentation tasks. The score is the entropy of an image as approximated by the bits-per-pixel of its compressed version. Thus…

Computer Vision and Pattern Recognition · Computer Science 2025-09-18 Raghavendra Singh

The assessment and valuation of real estate requires large datasets with real estate information. Unfortunately, real estate databases are usually sparse in practice, i.e., not for each property every important attribute is available. In…

Computer Vision and Pattern Recognition · Computer Science 2022-11-17 Eric Stumpe , Miroslav Despotovic , Zedong Zhang , Matthias Zeppelzauer

Previous work has shown that feature maps of deep convolutional neural networks (CNNs) can be interpreted as feature representation of a particular image region. Features aggregated from these feature maps have been exploited for image…

Computer Vision and Pattern Recognition · Computer Science 2016-11-08 Jiedong Hao , Jing Dong , Wei Wang , Tieniu Tan

Recently, product images have gained increasing attention in clothing recommendation since the visual appearance of clothing products has a significant impact on consumers' decision. Most existing methods rely on conventional features to…

Information Retrieval · Computer Science 2018-09-18 Wenhui Yu , Huidi Zhang , Xiangnan He , Xu Chen , Li Xiong , Zheng Qin

Indoor image features extraction is a fundamental problem in multiple fields such as image processing, pattern recognition, robotics and so on. Nevertheless, most of the existing feature extraction methods, which extract features based on…

Computer Vision and Pattern Recognition · Computer Science 2020-01-23 Chiranjibi Sitaula , Yong Xiang , Yushu Zhang , Xuequan Lu , Sunil Aryal

In the traditional art pricing models, the variables that capture the painting's content are often missing. Recent research starts to apply the computer graphic techniques to extract the information from the painting content. Most of the…

General Finance · Quantitative Finance 2020-11-19 Lan Ju , Zhiyong Tu , Changyong Xue

Judgments about personality based on facial appearance are strong effectors in social decision making, and are known to have impact on areas from presidential elections to jury decisions. Recent work has shown that it is possible to predict…

Computer Vision and Pattern Recognition · Computer Science 2016-12-28 Edward Grant , Stephan Sahm , Mariam Zabihi , Marcel van Gerven

Feature engineering continues to play a critical role in image classification, particularly when interpretability and computational efficiency are prioritized over deep learning models with millions of parameters. In this study, we revisit…

Computer Vision and Pattern Recognition · Computer Science 2026-02-06 Abhijit Sen , Giridas Maiti , Bikram K. Parida , Bhanu P. Mishra , Mahima Arya , Denys I. Bondar

The histogram is a key method for visualizing data and estimating the underlying probability distribution. Incorrect conclusions about the data result from over or under-binning. A new method based on the Shannon entropy of the histogram…

Data Analysis, Statistics and Probability · Physics 2022-10-07 Stephen Watts , Lisa Crow

In developing countries, building codes often are outdated or not enforced. As a result, a large portion of the housing stock is substandard and vulnerable to natural hazards and climate related events. Assessing housing quality is key to…

Machine Learning · Computer Science 2022-06-01 Chaofeng Wang , Sarah Elizabeth Antos , Jessica Grayson Gosling Goldsmith , Luis Miguel Triveno

Automatic attribute discovery methods have gained in popularity to extract sets of visual attributes from images or videos for various tasks. Despite their good performance in some classification tasks, it is difficult to evaluate whether…

Computer Vision and Pattern Recognition · Computer Science 2016-10-18 Liangchen Liu , Arnold Wiliem , Shaokang Chen , Brian C. Lovell
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