Amenities
In Appraisal, the nonmonetary benefits derived from property ownership, such as pride of home ownership.
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In Appraisal, the nonmonetary benefits derived from property ownership, such as pride of home ownership.
1. In Appraisal the nonmonetary benefits derived from property ownership, such as pride of home ownership.
Example: Graham bought a Condominium overlooking Lake Michigan with a prestige address, thus enhancing the amenities of ownership.
2. Features that add to a property's desirability, such as modern appliances and fixtures.
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