I’m sharing this exciting competition on Kaggle. Check it out…
“I am excited to share the launch of Zillow Prize: Home Value Prediction (Zestimate) Competition. In this million-dollar competition, participants will develop an algorithm that makes predictions about the future sale prices of homes.
Zillow’s Zestimate home valuation shook up the U.S. real estate industry when it was first released 11 years ago. The Zestimate was created to give consumers as much information as possible about homes and the housing market, marking the first time consumers had access to this type of information at no cost.
This million dollar contest is structured into two rounds. In the qualifying round, opening today, you’ll be building a model to improve the Zestimate residual error. The top 100 ranking teams in this round will advance to the final round. In the final round, competitors will be challenged with building a home valuation algorithm from the ground up, using external data sources to help engineer new features that give your model an edge over the competition. The first place prize in the final round is $1,000,000 USD.”
Wendy Kan, PhD
Data Scientist | Kaggle