Intro to Real Estate Finance
Amenities refer to the attractive features or services that enhance the desirability of a property and contribute to the overall quality of life for its occupants. These can include both tangible features, like swimming pools and fitness centers, as well as intangible benefits, such as proximity to parks or schools. Understanding amenities is crucial when determining property values, especially in the sales comparison approach, where properties with similar characteristics are evaluated based on their desirable features.
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