College

Buchtel College of Arts and Sciences

Date of Last Revision

2026-04-28 12:30:40

Major

Statistics

Honors Course

STAT 498

Number of Credits

2

Degree Name

Bachelor of Science

Date of Expected Graduation

Spring 2026

Abstract

This paper attempts to find the biggest factors and traits that influence the cost of housing. This will include the lot size, type of street, utilities, neighborhood, year built, heating, electrical, yard size, number of different rooms, age, condition, and others. I will attempt to answer the question of whether the prices of houses have changed within the last 5 to 10 years, and obviously this is an easy question to answer. However, the bigger question beyond this is are the main factors affecting housing prices all important in explaining this relationship? Is one factor more important than the rest in determining the housing price or does one factor have a greater influence on price when compared to similar houses? I will be answering this question through the statistical method of regression, which will show what factors are important in explaining the relationship to a particular value.

Research Sponsor

Mark Fridline

First Reader

Nao Mimoto

Second Reader

Richard Einsporn

Honors Faculty Advisor

Nao Mimoto

Proprietary and/or Confidential Information

No

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