# RECORD 2cdb6f374417590715ab5db24f593d17616b9ea2 # TITLE: Effects of neighborhood streetscape on the single-family housing price: Focusing on nonlinear and interaction effects using interpretable machine learning # YEAR: 2025.0 VENUE: PLoS ONE DOI: 10.1371/journal.pone.0323495 # AUTHORS: J. Han; Ayoung Woo; Sugie Lee # PAGES: 25 CANDIDATE TABLE PAGES (1-based): [13] # ABSTRACT: Previous studies using the conventional Hedonic Price Model to predict existing housing prices may have limitations in addressing the relationship between house prices and streetscapes as visually perceived at the human eye level, due to the constraints of streetscape estimations. Therefore, in this study, we analyzed the relationship between streetscapes visually perceived at eye level and single-family home prices in Seoul, Korea, using computer vision technology and machine learning algorithms. We used transaction data for 13,776 single-family housing sales between 2017 and 2019. To measure visually perceived streetscapes, this study used the Deeplab V3 + deep-learning model with 233,106 Google Street View panoramic images. Then, the best machine-learning model was selected by comparing the explanatory powers of the hedonic price model and all alternative machine-learning models. According to the results, the Gradient Boost model, a representative ensemble machine learning model, performed better than XGBoost, Random Forest, and Linear Regression models in predicting single-family house prices. In addition, this study used an interpretable machine learning model of the SHAP method to identify key features that affect single-family home price prediction. This solves the “black box” problem of machine learning models. Finally, by analyzing the nonlinear relationship and interaction effects between perceived streetscape characteristics and house prices, we easily and quickly identified the relationship between variables the hedonic price model partially considers. ===== PAGE 1 (score 6, numeric-paren 0, table-words 0, var-words 6) ===== PLOS One | https://doi.org/10.1371/journal.pone.0323495  May 21, 2025 1 / 25   OPEN ACCESS Citation: Han J, Woo A, Lee S (2025) Effects of neighborhood streetscape on the single-family housing price: Focusing on nonlinear and interaction effects using interpretable machine learning. PLoS One 20(5): e0323495. https:// doi.org/10.1371/journal.pone.0323495 Editor: Zeyar Aung, Khalifa University, UNITED ARAB EMIRATES Received: June 18, 2024 Accepted: April 8, 2025 Published: May 21, 2025 Copyright: © 2025 Han et al. This is an open access article distributed under the terms of the Creative Commons Attribution License, which permits unrestricted use, distribution, and reproduction in any medium, provided the original author and source are credited. Data availability statement: Please note that our data is available at the following link (Figshare) https://doi.org/10.6084/ m9.figshare.26965252. Funding: This work was supported by the National Research Foundation of Korea (NRF) grant funded by the Korea government (*MSIT) RESEARCH ARTICLE Effects of neighborhood streetscape on the single-family housing price: Focusing on nonlinear and interaction effects using interpretable machine learning Jaewon Han1, Ayoung Woo 2, Sugie Lee 1* 1  Department of Urban Planning & Engineering, Hanyang University, Seoul, South Korea, 2  Graduate School of Urban Studies, Hanyang University, Seoul, South Korea * sugielee@hanyang.ac.kr Abstract Previous studies using the conventional Hedonic Price Model to predict existing housing prices may have limitations in addressing the relationship between house prices and streetscapes as visually perceived at the human eye level, due to the constraints of streetscape estimations. Therefore, in this study, we analyzed the relationship between streetscapes visually perceived at eye level and single-family home prices in Seoul, Korea, using computer vision technology and machine learning algorithms. We used transaction data for 13,776 single-family housing sales between 2017 and 2019. To measure visually perceived streetscapes, this study used the Deeplab V3 + deep-learning model with 233,106 Google Street View panoramic images. Then, the best machine-learning model was selected by comparing the explanatory powers of the hedonic price model and all alternative machine-learning models. According to the results, the Gradient Boost model, a representative ensem­ ble machine learning model, performed better than XGBoost, Random Forest, and Linear Regression models in predicting single-family house prices. In addition, this study used an interpretable machine learning model of the SHAP method to identify key features that affect single-family home price prediction. This solves the “black box” problem of machine learning models. Finally, by analyzing the nonlinear relation­ ship and interaction effects between perceived streetscape characteristics and house prices, we easily and quickly identified the relationship between variables the hedonic price model partially considers. 1.  Introduction The estimation of housing prices has been a longstanding topic for urban planners and policymakers, as housing units are one of the most expensive commodities in household finances. Housing prices are closely related to macroeconomic conditions, ===== PAGE 13 (score 32, numeric-paren 0, table-words 4, var-words 17) ===== PLOS One | https://doi.org/10.1371/journal.pone.0323495  May 21, 2025 13 / 25 Second, latitude (north-south) and longitude (east-west), which represent the location properties of the houses, had negative and positive effects on the predicted price of single-family houses, respectively. The polarization of the housing supply within Seoul and the differences in urban infrastructure are severe, and those differences are reflected in housing prices. In addition, in the local Shapley value graph, the red and blue dots are mixed, which indicates that a non-linear relationship exists between location (latitude and longitude) and single-family house prices. Table 1.  Definitions of the variables and basic statistics. Variables Measurements Mean S.D. Min. Max. Dependent variable   ln (housing prices) The natural logarithm of the price of a single-family house (KRW) 20.17 0.55 17.32 21.24 Independent variables Structural features   Site area The site area of a single-family house (m2) 140.33 1,875.98 3.00 220,220   Gross floor area The total floor area of a single-family house (m2) 122.63 70.21 4.50 479.94   Housing age Age of the building 39.70 11.06 0 95   Building structure: Ferroconcrete Ferroconcrete = 1, others = 0 0.01 0.12 0 1   Building structure: Masonry Masonry = 1, others = 0 1.46e-03 0.04 0 1   Land topography Flatland = 1, others = 0 0.67 0.47 0 1   Site shape Regular form = 1, others = 0 0.84 0.37 0 1   Corner parcel Corner parcel = 1, others = 0 0.13 0.33 0 1   Parking availability On-site parking allowed = 1, on-site parking not allowed = 0 0.01 0.12 0 1 Walking environment Macro-scale walking environment factors   3-way intersection density (Number of 3-way intersections/total street length) within the 400m buffer 3.29E-03 1.59e-03 0 0.02   4-or-more-way intersection density (Number of 4-or-more-way intersections/total street length) within the buffer 6.85e-04 5.34e-04 0 3.51e-03   Subway station density (Number of subway stations/total street length) within the buffer 5.73e-04 9.55e-04 0 0.01   Bus stop density (Number of bus stops/total street length) within the buffer 0.01 0.05 0 3.56   Crosswalk density (Number of crosswalks/total street length) within the buffer 0.02 0.06 0 7.34   Park land use Total park and open space area within the buffer (m2) 44,431.24 66,091.75 0 447,553.80   Residential land use Total area for residential use within the buffer (m2) 441,246.40 183,936.50 1,615.14 1,421,861.00   Business land use Total area for businesses within the buffer (m2) 19,325.62 40,873.86 0 917,400.30   Commercial land use Total area for commercial use within the buffer (m2) 73,537.93 54,375.07 0 681,313.20   Mixed land use – k ∑ i=1 (pi) ∗ln(pi) ln(k) pi=Total area of land use in the 400m buffer 0.15 0.02 0.97 0.97 k=Number of land uses Streetscape environment   ln (greenery) The natural logarithm of the average greenery value within the buffer 1.63 0.46 0.18 3.93   ln (enclosure) The natural logarithm of the average enclosure value within the buffer 4.69 0.22 1.93 5.14   ln (paved sidewalks) The natural logarithm of the average paved sidewalk value within the buffer 2.52 0.12 2.01 3.13 Locational characteristics   ln (distance to parks) The natural logarithm of the distance to the nearest park boundary (m) 4.86 1.00 0 6.95   Distance to CBD The shortest distance to the CBD boundary (m) 3,765.00 2,242.81 0 11,539.12 https://doi.org/10.1371/journal.pone.0323495.t001 ===== PAGE 14 (score 18, numeric-paren 0, table-words 2, var-words 13) ===== PLOS One | https://doi.org/10.1371/journal.pone.0323495  May 21, 2025 14 / 25 Third, the distance from the city center and the green area around each single-family house, which also represent location characteristics, had a negative effect on the predicted price of single-family houses. The CBD and parks are perceived negatively in a residential environment because they draw many people from outside the neighborhood. On the other hand, the business district area, commercial district area, and subway station density had positive effects because the various benefits provided by the commercial and business facilities that concentrate around subway stations. In the local Shapley value graph, the red and blue dots are mixed, indicating a non-linear relationship between the location and environment around a neighborhood and single-family house prices within it. Fourth, bus stops and land use mix, which are closely related to walkability, had negative and positive effects on hous­ ing prices, respectively. Many people visit a bus stop, which are often near busy streets and experience various pollutants Table 2.  Performance comparison of machine learning models. Model Performance evaluation indicator R2 MSE MAE MedAE Linear Regression 0.660 0.104 0.248 0.197 Random Forest 0.318 0.209 0.363 0.318 XGBoost 0.765 0.072 0.200 0.155 Gradient Boost 0.817 0.056 0.169 0.122 https://doi.org/10.1371/journal.pone.0323495.t002 Fig 6.  Analysis of variable importance to single-family housing prices using the SHAP method. https://doi.org/10.1371/journal.pone.0323495.g006