Although Airbnb provides hosts with general guidance, there are no easy to access methods to determine the best price to rent out a space. There is third-party software available, but for a hefty price (for an example on available software, click here).
One method could be to find a few listings that are similar to the place that will be up for rent, average the listed prices and set our price to this calculated average price. But the market is dynamic, so we would want to update the price frequently and this method can become tedious.
So, this project uses several listing features to try and predict price.
Built With
- colab
- python
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