Amenity
In property and land use planning, amenity is something considered to benefit a location, contribute to its enjoyment, and thereby increase its value.
Read Full Wiki Quick Answer: In property and land use planning, amenity is something considered to benefit a location, contribute to its enjoyment, and thereby increase its value. Tangible amenities can include the number and nature of guest rooms and the provision of facilities such as elevators, internet access, restaurants, parks, community centres, swimming pools, golf courses, health club facilities, party rooms, theater or media rooms, bike paths or garages. Intangible amenities include well-integrated public transport, pleasant views, nearby activities, and a low crime rate. Within the context of environmental economics, an environmental amenity can include access to clean air or clean water, or the quality of any other environmental good that may reduce adverse health effects for residents or increase their economic welfare. Residential real estate can benefit from amenities which, in turn, boost property value.
DEFINITIONS
- nounThe quality of being pleasant or agreeable, whether in respect to situation, climate, manners, or disposition; pleasantness; civility; suavity; gentleness.
- nounPleasantness.
- nounA thing or circumstance that is welcome and makes life a little easier or more pleasant.
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