PurposeThe assessment of the Real Estate (RE) prices depends on multiple factors that traditional evaluation methods often struggle to fully understand. Housing prices, in particular, are the foundations for a better knowledge of the Built Environment and its characteristics. Recently, Machine Learning (ML) techniques, which are a subset of Artificial Intelligence, are gaining momentum in solving complex, non-linear problems like house price forecasting. Hence, this study deployed three popular ML techniques to predict dwelling prices in two cities in Italy.Design/methodology/approachAn extensive dataset about house prices is collected through API protocol in two cities in North Italy, namely Brescia and Varese. This data is used to train and test three most popular ML models, i.e. ElasticNet, XGBoost and Artificial Neural Network, in order to predict house prices with six different features.FindingsThe models' performance was evaluated using the Mean Absolute Error (MAE) score. The results showed that the artificial neural network performed better than the others in predicting house prices, with a MAE 5% lower than the second-best model (which was the XGBoost).Research limitations/implicationsAll the models had an accuracy drop in forecasting the most expensive cases, probably due to a lack of data.Practical implicationsThe accessibility and easiness of the proposed model will allow future users to predict house prices with different datasets. Alternatively, further research may implement a different model using neural networks, knowing that they work better for this kind of task.Originality/valueTo date, this is the first comparison of the three most popular ML models that are usually employed when predicting house prices.

The built environment is responsible for roughly 40% of global greenhouse emissions, making the sector a crucial factor for climate change and sustainability. Meanwhile, other sectors (like manufacturing) adopted Artificial Intelligence (AI) to solve complex, non-linear problems to reduce waste, inefficiency, and pollution. Therefore, many research efforts in the Architecture, Engineering, and Construction community have recently tried introducing AI into building asset management (AM) processes. Since AM encompasses a broad set of disciplines, an overview of several AI applications, current research gaps, and trends is needed. In this context, this study conducted the first state-of-the-art research on AI for building asset management. A total of 578 papers were analyzed with bibliometric tools to identify prominent institutions, topics, and journals. The quantitative analysis helped determine the most researched areas of AM and which AI techniques are applied. The areas were furtherly investigated by reading in-depth the 83 most relevant studies selected by screening the articles’ abstracts identified in the bibliometric analysis. The results reveal many applications for Energy Management, Condition assessment, Risk management, and Project management areas. Finally, the literature review identified three main trends that can be a reference point for future studies made by practitioners or researchers: Digital Twin, Generative Adversarial Networks (with synthetic images) for data augmentation, and Deep Reinforcement Learning.

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Purpose This study aims to introduce a new methodology for generating synthetic images for facility management purposes. The method starts by leveraging the existing 3D open-source BIM models and using them inside a graphic engine to produce a photorealistic representation of indoor spaces enriched with facility-related objects. The virtual environment creates several images by changing lighting conditions, camera poses or material. Moreover, the created images are labeled and ready to be trained in the model. Design/methodology/approach This paper focuses on the challenges characterizing object detection models to enrich digital twins with facility management-related information. The automatic detection of small objects, such as sockets, power plugs, etc., requires big, labeled data sets that are costly and time-consuming to create. This study proposes a solution based on existing 3D BIM models to produce quick and automatically labeled synthetic images. Findings The paper presents a conceptual model for creating synthetic images to increase the performance in training object detection models for facility management. The results show that virtually generated images, rather than an alternative to real images, are a powerful tool for integrating existing data sets. In other words, while a base of real images is still needed, introducing synthetic images helps augment the model’s performance and robustness in covering different types of objects. Originality/value This study introduced the first pipeline for creating synthetic images for facility management. Moreover, this paper validates this pipeline by proposing a case study where the performance of object detection models trained on real data or a combination of real and synthetic images are compared.