Having a great view enhances the value of a NYC apartment-here's how to calculate how to price an apartment with one.
If your parents paid you for good grades when you were a child (or if you’ve doled out cash to encourage academic achievement), you know what good grades are worth. But. Field of study is also.
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. when it comes to pricing, is factoring in how much a view is worth.. the chances of finding a great view are becoming increasingly difficult.
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I wanted to know how much a view is worth 1) to help get a better idea what the value of my rent was 2) to have this information so I could approach the city about this park and how that might diminish the value of my unit.
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The Ideal Scenario: A great goal is to make money in good times and bad times. Based on my net worth growth rate benchmarks, an optimal scenario is to earn the risk free rate of return during down markets and match the S&P 500 growth rate during up markets.
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According to this formula, your net worth should be $105,000. That seems on the surface like it might be a good calculation, but it is loaded with flaws that simply don’t add up. Take me at age 23.