Amenity
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Benefits of a property whose existence increase the value or desirability of that property. An amenity can be either tangible, such as a swimming pool or gym, or intangible, such as proximity to a local school or supermarket.
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By making improvements to a property (tangible amenities) or by the property being located in a more desirable area, real estate developers and hotel owners can increase the price that they sell or rent a piece of property for. Home buyers should consider what the amenity is truly worth to them, since some amenities carry ongoing costs, such as a swimming pool.
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Amenity
For the Lucidity demo album, see Amenity (demo).
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Look up amenity in Wiktionary, the free dictionary. |
In real property and lodging, amenities are any tangible or intangible benefits of a property, especially those that increase its attractiveness or value or that contribute to its comfort or convenience. Tangible amenities might include attractive guest rooms (lodging),WiFi, dining, parks, swimming pools, golf courses, health club facilities, party rooms, theater or media rooms, bike paths, community centers, services, or garages, for example. Untangible amenities might include pleasant views, nearby activities, good schools (in the case of residential real estate), or a low crime rate, all of which add to the desirability of a property. A small number of people also use the word "amenity" for lavatory, bathroom and personal hygiene facilities.
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