Real Estate Term of the Day: Amenities
AMENITIES – features that add to a property’s desirability (Barron’s Dictionary of Real Estate Terms)
To me the term amenities when applied to real estate are homes (single family, condo or town homes) that are located in a community where homeowners pay (typically through the HOA fees) to have access to things such as:
- community pool
- clubhouse
- fitness center
- tennis courts
- use of washer/dryer (if located in condo/town home complex)
- wireless internet
- golf course access
- lake access
- concierge service (luxury condo units)
- spa service (luxury condo units)
- parking garage/valet (luxury condo units)
Other free amenities may include:
- proximity to shopping, restaurants, schools
- accessibility to public transportation (rail or bus)
- parks (and/or dog parks)
- hiking & biking trails
LESLIE MONACO REAL ESTATE 