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UQO Working Paper No. 2 — Decoding Real Estate Descriptions: text-based hedonic analysis of housing listings.

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1variable,label,coefficient,std_error,t_value,p_value,impact_pct2bedrooms,bedrooms,0.03144088418916516,0.0070659728181450615,4.449618615631602,8.602291004517089e-06,3.1940369800766313bathrooms,bathrooms,0.29621373110135635,0.01102995889479155,26.855379419521796,7.298644283011366e-159,34.475754262996074half_baths,half_baths,0.1581095433944701,0.007211755054116357,21.92386488559725,1.5382681419705999e-106,17.129449525523695parking,parking,0.09140311679672333,0.009470632481334363,9.65121568985698,4.857640256188567e-22,9.5710615595707476stories,stories,0.07461453235088428,0.005752530826687549,12.970731422198948,1.7931106817778609e-38,7.7468741483557317land_size,land_size,0.0034587847266077734,0.7525127787557733,0.004596313609885309,0.9963326852467446,0.34647732248185298remarks_length,remarks_length,0.1017465232536718,0.004584987551929257,22.19123216830964,4.1739945112819873e-109,10.7102811340525689sim_luxe,Luxury,0.1551862204222919,0.015777833131677823,9.835711857714985,7.900686494882705e-23,16.78754231110395510sim_entree_de_gamme,Entry-Level,0.0823146156031635,0.024803533788535576,3.3186648444912343,0.0009044891845479017,8.57973648903243111sim_a_renover,Needs Renovation,-0.07426757136724954,0.01537454115424859,-4.8305553071238485,1.3615278693721875e-06,-7.157675887266135512sim_lumineux_spacieux,Bright & Spacious,-0.08358827300251617,0.01789424005050917,-4.671239056063614,2.9938825965665374e-06,-8.01901112931251313sim_terrain_nature,Land & Nature,0.12543573085379503,0.011871429628508534,10.566185773663566,4.275309494370113e-26,13.36423083959461514sim_vue_panoramique,Panoramic View,0.02722771883802294,0.011431694758029768,2.381774480017308,0.017229445322542926,2.760178040530414415sim_localisation_premium,Premium Location,-0.061443048075255344,0.013701359287106004,-4.484449081856996,7.310255914700689e-06,-5.95934978253156416sim_tranquillite,Quiet & Peaceful,-0.0882186858096159,0.011582866482814204,-7.616308617604132,2.6103314719484416e-14,-8.44393652895737517sim_garage_stationnement,Garage & Parking,0.00853252877946338,0.007604019897965316,1.1221076343772476,0.26181667825546573,0.856903455814972418sim_sous_sol_amenage,Finished Basement,-0.029508559391782027,0.013830688593384974,-2.133556777924677,0.0328790792492281,-2.907743290101405519sim_moderne_contemporain,Modern/Contemporary,0.15902897162691987,0.015225336614104265,10.44502171988766,1.5442003755522436e-25,17.23719117103417320sim_ecoefficace,Energy Efficient,-0.0669311874590732,0.013022728057317483,-5.139567313736887,2.753718320743014e-07,-6.47404432909539621sim_urgence_motivation,Motivated Seller,-0.08158352267714244,0.019589689722517935,-4.164615358014778,3.118779073135082e-05,-7.83442725147179822sim_familial,Family-Friendly,-0.11419557408753708,0.011041756677428223,-10.342156363667923,4.542003645912472e-25,-10.79165295901863823sim_bord_eau,Waterfront,0.046952071138328166,0.013047927792043796,3.598431251815941,0.000320142450969529,4.80717749887082924sim_neuf_construction,New Construction,-0.12794991584303217,0.01651988095759648,-7.745208102374119,9.54254292685115e-15,-12.01025530370658625