Despite the challenges involved in getting your amenity valuation right, there are ways to estimate the impact your outdoor amenities will have on your bottom line. Outdoor amenities are effective at increasing occupancy and driving rent. When designed correctly, they increase property value in a measurable way.
Next time the value of your amenities comes into question, run your project through this simple calculation. Then you can move the conversation from discussing if your amenities add value to how to create amenities that can actually achieve your goals.
Download our Amenity Impact Calculator Worksheet now and quickly estimate your amenity’s financial impact.