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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

When modeling geo-spatial data, it is critical to capture spatial correlations for achieving high accuracy. Spatial Auto-Regression (SAR) is a common tool used to model such data, where the spatial contiguity matrix (W) encodes the spatial…

Computer Vision and Pattern Recognition · Computer Science 2016-10-18 Archith J. Bency , Swati Rallapalli , Raghu K. Ganti , Mudhakar Srivatsa , B. S. Manjunath

Confronted with the spatial heterogeneity of real estate market, some traditional research utilized Geographically Weighted Regression (GWR) to estimate the house price. However, its kernel function is non-linear, elusive, and complex to…

Applications · Statistics 2022-02-10 Zimo Wang , Yicheng Wang , Sensen Wu

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

Accurate crop type maps are an essential source of information for monitoring yield progress at scale, projecting global crop production, and planning effective policies. To date, however, crop type maps remain challenging to create in low…

Computer Vision and Pattern Recognition · Computer Science 2024-02-01 Jordi Laguarta Soler , Thomas Friedel , Sherrie Wang

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

Effective water resource management is crucial in agricultural regions like northeastern Thailand, where limited water retention in sandy soils poses significant challenges. In response to this issue, the Aerial Image Water Resource (AIWR)…

Computer Vision and Pattern Recognition · Computer Science 2024-11-07 Sangdaow Noppitak , Emmanuel Okafor , Olarik Surinta

Street-to-aerial image geo-localization, which matches a query street-view image to the GPS-tagged aerial images in a reference set, has attracted increasing attention recently. In this paper, we revisit this problem and point out the…

Computer Vision and Pattern Recognition · Computer Science 2020-12-08 Sijie Zhu , Taojiannan Yang , Chen Chen

Real estate contributes significantly to all major economies around the world. In particular, house prices have a direct impact on stakeholders, ranging from house buyers to financing companies. Thus, a plethora of techniques have been…

Machine Learning · Computer Science 2020-09-02 Sarkar Snigdha Sarathi Das , Mohammed Eunus Ali , Yuan-Fang Li , Yong-Bin Kang , Timos Sellis

The EcoCropsAID dataset is a comprehensive collection of 5,400 aerial images captured between 2014 and 2018 using the Google Earth application. This dataset focuses on five key economic crops in Thailand: rice, sugarcane, cassava, rubber,…

Computer Vision and Pattern Recognition · Computer Science 2024-11-06 Sangdaow Noppitak , Emmanuel Okafor , Olarik Surinta

The use of Artificial Intelligence (AI) in the real estate market has been growing in recent years. In this paper, we propose a new method for property valuation that utilizes self-supervised vision transformers, a recent breakthrough in…

Computer Vision and Pattern Recognition · Computer Science 2023-02-02 Mahdieh Yazdani , Maziar Raissi

Accurate prediction of agricultural crop prices is a crucial input for decision-making by various stakeholders in agriculture: farmers, consumers, retailers, wholesalers, and the Government. These decisions have significant implications…

Machine Learning · Computer Science 2023-04-20 Mayank Ratan Bhardwaj , Jaydeep Pawar , Abhijnya Bhat , Deepanshu , Inavamsi Enaganti , Kartik Sagar , Y. Narahari

In this paper we show how using satellite images can improve the accuracy of housing price estimation models. Using Los Angeles County's property assessment dataset, by transferring learning from an Inception-v3 model pretrained on…

Machine Learning · Computer Science 2021-05-14 Sina Jandaghi Semnani , Hoormazd Rezaei

Real estate appraisal is a complex and important task, that can be made more precise and faster with the help of automated valuation tools. Usually the value of some property is determined by taking into account both structural and…

Computers and Society · Computer Science 2021-09-17 Francesco Bergadano , Roberto Bertilone , Daniela Paolotti , Giancarlo Ruffo

Non-parametric machine learning models, such as random forests and gradient boosted trees, are frequently used to estimate house prices due to their predictive accuracy, but a main drawback of such methods is their limited ability to…

Machine Learning · Statistics 2025-01-31 Anders Hjort , Gudmund Horn Hermansen , Johan Pensar , Jonathan P. Williams

In the house credit process, banks and lenders rely on a fast and accurate estimation of a real estate price to determine the maximum loan value. Real estate appraisal is often based on relational data, capturing the hard facts of the…

Computer Vision and Pattern Recognition · Computer Science 2021-05-12 Jan-Peter Kucklick , Oliver Müller

Deep learning is revolutionizing the mapping industry. Under lightweight human curation, computer has generated almost half of the roads in Thailand on OpenStreetMap (OSM) using high-resolution aerial imagery. Bing maps are displaying 125…

Computer Vision and Pattern Recognition · Computer Science 2019-05-07 Tao Sun , Zonglin Di , Pengyu Che , Chun Liu , Yin Wang

In this project, we build a modular, scalable system that can collect, store, and process millions of satellite images. We test the relative importance of both of the key limitations constraining the prevailing literature by applying this…

Computers and Society · Computer Science 2018-04-05 Ian Bolliger , Tamma Carleton , Solomon Hsiang , Jonathan Kadish , Jonathan Proctor , Benjamin Recht , Esther Rolf , Vaishaal Shankar

Accurate rainfall forecasting, particularly for extreme events, remains a significant challenge in climatology and the Earth system. This paper presents novel physics-informed Graph Neural Networks (GNNs) combined with extreme-value…

Machine Learning · Computer Science 2026-05-25 Kiattikun Chobtham , Kanoksri Sarinnapakorn , Kritanai Torsri , Prattana Deeprasertkul , Jirawan Kamma

This paper presents an online platform showing Thailand solar irradiance map every 30 minutes, available at https://www.cusolarforecast.com. The methodology for estimating global horizontal irradiance (GHI) across Thailand relies on cloud…

Atmospheric and Oceanic Physics · Physics 2024-12-06 Suwichaya Suwanwimolkul , Natanon Tongamrak , Nuttamon Thungka , Naebboon Hoonchareon , Jitkomut Songsiri
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