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Predicting Rental Values Using Fine-Tuned LLM

Linda Torries – Tech Writer & Digital Trends Analyst by Linda Torries – Tech Writer & Digital Trends Analyst
April 26, 2025
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Predicting Rental Values Using Fine-Tuned LLM
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Introduction to Large Language Models

Large Language Models can be used for various tasks, including regression tasks. In this article, we will explore how these models can be used to predict the points of a dwelling based on its description.

Background

In the Netherlands, there are rules that determine the maximum rent allowed for a dwelling based on its properties and quality. These rules are complex and can be found on the Huurcommissie’s website. To simplify the process, an open-source Python package called woningwaardering was built to calculate the amount of points a house is worth based on these rules.

What is Woningwaardering?

Woningwaardering is a point system in which a dwelling is awarded points based on its properties and qualities. The maximum rent for a dwelling is directly related to the amount of points it is awarded.

Inspiration from Previous Work

Ed Donner fine-tuned a Llama-3.1–8B model to predict Amazon product prices based on their descriptions. This inspired the author to try to predict the points of a dwelling based on its description, instead of using the woningwaardering package.

Data Collection

At the social housing organisation Woonstad Rotterdam, there is a large dataset of information about 60,000 dwellings. Data quality checks were implemented to determine which dwellings have near-perfect quality data using the open-sourced pyspark-testframework package. Of the approximately 50,000 self-contained dwellings, around 25,000 have a near-perfect data quality.

Limitations of the Dataset

Even though the data quality of these 25,000 houses is very good, there are still limitations to the dataset. For example, there are some missing data points that could affect the accuracy of the predictions.

Conclusion

Large Language Models can be used for regression tasks, such as predicting the points of a dwelling based on its description. While there are limitations to the dataset, the use of these models can simplify the process of determining the maximum rent allowed for a dwelling. Further research and development are needed to improve the accuracy of these predictions.

FAQs

  • What is woningwaardering?
    Woningwaardering is a point system in which a dwelling is awarded points based on its properties and qualities.
  • What is the purpose of the woningwaardering package?
    The woningwaardering package is used to calculate the amount of points a house is worth based on the rules that determine the maximum rent allowed for a dwelling.
  • How can Large Language Models be used for regression tasks?
    Large Language Models can be used to predict the points of a dwelling based on its description, instead of using the woningwaardering package.
  • What are the limitations of the dataset used in this study?
    The dataset has some missing data points that could affect the accuracy of the predictions.
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Linda Torries – Tech Writer & Digital Trends Analyst

Linda Torries – Tech Writer & Digital Trends Analyst

Linda Torries is a skilled technology writer with a passion for exploring the latest innovations in the digital world. With years of experience in tech journalism, she has written insightful articles on topics such as artificial intelligence, cybersecurity, software development, and consumer electronics. Her writing style is clear, engaging, and informative, making complex tech concepts accessible to a wide audience. Linda stays ahead of industry trends, providing readers with up-to-date analysis and expert opinions on emerging technologies. When she's not writing, she enjoys testing new gadgets, reviewing apps, and sharing practical tech tips to help users navigate the fast-paced digital landscape.

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