Amenities

In appraisal , the nonmonetary benefits derived from property ownership, such as pride of home ownership.

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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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