- Waterfront views
- Greenery/scenic views
- Low density/unimpeded views
Most of us know that units with a better view (which also tend to be higher-floor units) come at a premium. But this is also one of the features that’s hardest to quantify. How much would a future buyer for a better view of the nearby park pay? Is this a $50,000 premium, or a $100,000 premium? It’s not possible to isolate and identify the exact value of a good view; but what we can do is compare the appreciation of high-floor, best-facing units:
The three most desirable views/facings
In general, these can be divided into: