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Classification of land lot shapes in real estate sector using a convolutional neural network
1Department of Real Estate, Kangwon National University, Chuncheon, Gangwon-do, Republic of Korea.
Abstract:
In the agriculture and real estate industries, land lot shapes have mostly been classified by visual inspection or hard-crafted rules. These conventional methods are time-consuming, resource-intensive, and subject to human bias. This study aims to fill this gap and alleviate problems inherent in traditional lot classification approaches. This study attempts to classify lot shapes automatically, using a convolutional neural network. A study area was chosen, image data of the lots in the area were collected and preprocessed, and an Xception neural network was specified to classify land lots according to their shapes. The test applied to a different area adjacent to the study area achieved an accuracy of 90.1% and area under the curve (AUC) of 0.96. Additionally, this study demonstrated that shape regularity can be quantified using the output scores from the neural network analysis. This is the first attempt to employ a deep learning algorithm for land management on a micro-spatial scale. The classification approach proposed in this study is expected to encourage the rapid and accurate classification of various lot shapes.
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