In Appraisal, the nonmonetary benefits derived from property ownership, such as pride of home ownership.
| Business Dictionary: Amenities |
In Appraisal, the nonmonetary benefits derived from property ownership, such as pride of home ownership.
| 5min Related Video: Amenities |
| Real Estate Dictionary: Amenities |
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.
| Standard of Living (business term) | |
| amenity | |
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![]() | Business Dictionary. Dictionary of Business Terms. Copyright © 2000 by Barron's Educational Series, Inc. All rights reserved. Read more | |
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