How to deal with outliers in Python?

This recipe helps you deal with outliers in Python
In [2]:
## How to deal with outliers in Python 
def Kickstarter_Example_34():
    print()
    print(format('How to deal with outliers in Python ', '*^82'))

    import warnings
    warnings.filterwarnings("ignore")

    # Load library
    import numpy as np
    import pandas as pd

    # Create DataFrame
    houses = pd.DataFrame()
    houses['Price'] = [534433, 392333, 293222, 4322032]
    houses['Bathrooms'] = [2, 3.5, 2, 116]
    houses['Square_Feet'] = [1500, 2500, 1500, 48000]
    print(); print(houses)

    # Outlier Handling Option 1: Drop
    # Drop observations greater than some value
    h = houses[houses['Bathrooms'] < 20]
    print(); print(h)

    # Outlier Handling Option 2: Mark
    # Create feature based on boolean condition
    houses['Outlier'] = np.where(houses['Bathrooms'] < 20, 0, 1)

    # Show data
    print(); print(houses)

    # Outlier Handling Option 3: Rescale
    # Log feature
    houses['Log_Of_Square_Feet'] = [np.log(x) for x in houses['Square_Feet']]

    # Show data
    print(); print(houses)

Kickstarter_Example_34()
***********************How to deal with outliers in Python ***********************

     Price  Bathrooms  Square_Feet
0   534433        2.0         1500
1   392333        3.5         2500
2   293222        2.0         1500
3  4322032      116.0        48000

    Price  Bathrooms  Square_Feet
0  534433        2.0         1500
1  392333        3.5         2500
2  293222        2.0         1500

     Price  Bathrooms  Square_Feet  Outlier
0   534433        2.0         1500        0
1   392333        3.5         2500        0
2   293222        2.0         1500        0
3  4322032      116.0        48000        1

     Price  Bathrooms  Square_Feet  Outlier  Log_Of_Square_Feet
0   534433        2.0         1500        0            7.313220
1   392333        3.5         2500        0            7.824046
2   293222        2.0         1500        0            7.313220
3  4322032      116.0        48000        1           10.778956