Many apartments are going to have an amenity fee in place to help handle some of the additional costs of owning a property and renting it out. But you still have a choice in whether you are going to charge an amenity fee. Sometimes you are able to charge enough in the rent that you will not need to worry about the amenity fee, and other times you may worry about whether this will drive others away.

All landlords need to take some time to determine whether an amenity fee is necessary for what they are able to provide to the tenants. Some of the factors to help with this decision include:

# Cost of the upkeep and maintenance: While amenity fees are going to help with some of the maintenance costs, the absence of the fees could make it harder to help the place look nice. Weigh whether it makes sense to have these fees in place or not.

# Value proposition: Superior amenities can help your property look better and can attract more tenants to come and live there. This can make it worth your time to have some amenity fees to make it look nicer.

# Competitive analysis: When you align with some of the market trends, especially when compared to what the competition is able to offer, you will be better able to tell whether an amenity makes sense. If no one is asking amenity fees, then you probably don’t want to do it either. But if everyone else is, then look at whether you need to charge this too.

# Flexibility and fairness: While optional fees will offer some flexibility, a uniform fee may not go over as well if some people use amenity and others never spend any time around it.

# Financial stability: Consistent amenity fees will help provide some more of the stability that you need in. your budget. But if you try to hike the fees up too high all of a sudden, the residents you already have could get upset.

No matter the amenities that you are looking for when you get a new apartment, you want to make sure they are nice and affordable while giving you plenty of room to relax in. your new home. That is why you should come and take a tour of some of our apartments near Greenlake to see if they are right for you. We work hard to keep all of our units updated and looking nice and feel confident that you will want to move in and make it your own home. Come take a tour, ask all of the questions you have, and see if these apartments are the right ones for you.