Amenity

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In property and land use planning, amenity (lat. amoenitās “pleasantness, delightfulness”) is something considered to benefit a location, contribute to its enjoyment, and thereby increase its value.[1] [2]

Tangible amenities can include the number and nature of guest rooms and the provision of facilities such as elevators (lifts), Wi-Fi, restaurants, parks, Community centres, swimming pools, golf courses, health club facilities, party rooms, theater or media rooms, bike paths or garages.

Intangible 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.[3]

Residential Real Estate can benefit from amenities which, in turn, boost the property's value. Some examples of valuable amenities are proximity to parks and schools, updated fixtures, and bonus living spaces. [4][5] These additional features that make a home desirable can add substantial value to a property. [5]

Public amenities[edit]

  • Banks and post offices
  • Cheap and easy access to utilities such as electricity, water, natural gas and internet
  • Clean air
  • General and specialized shops and markets
  • Hospitals, clinics, and other medical facilities
  • Libraries and cinemas
  • Local buses and railway stations and connections to airports and ferry terminals
  • Nurseries and schools, colleges and universities
  • Parks, beaches and public areas for recreation
  • Roads with easy access to highways and motorways

Mobile amenities[edit]

Mobile amenities may visit some sites[6] including:

  • Food truck
  • Auto washing and detail service
  • Oil Change
  • Fuel Service
  • Retail Sales Vehicle
  • Mobile Repair Truck (Bike Repair, Golf Clubs)
  • Mobile Hair / Nail Salon
  • Mobile Dentist

References[edit]

  1. ^ Carmichael, D. R (2003). Accountants' Handbook, Special Industries and Special Topics (Volume 2) (10 ed.). John Wiley & Sons. p. 30. ISBN 0471456179.
  2. ^ South Gloucestershire Council https://beta.southglos.gov.uk/wp-content/uploads/Assessing-residential-amenity-TAN.pdf
  3. ^ Field, Barry C.; Field, Martha K. (2017). Environmental Economics, An Introduction (7 ed.). McGraw-Hill. p. 145-147. ISBN 978-0-07-802189-3.
  4. ^ "7 Surprising Things That Add Value to Your Home". www.uphomes.com. Retrieved 2021-10-21.
  5. ^ a b "Amenities That Add to Your Home's Value". Minteer Real Estate Team. 2015-12-18. Retrieved 2021-10-21.
  6. ^ MOBLZ.com. "Mobile Service Sector Continues Growth". Retrieved 11 December 2019.