<font face="Verdana, Arial, Helvetica, sans-serif" size="2">Does having a balcony in Paris add something magical, romantic, etc. to the trip?</font>
Opinions may differ, but mine of the average Paris balcony is a narrow ledge coated with diesel soot and pigeon droppings, with wet and glacial winds to boot in winter
Certainly, there are nice balconies with edifying views in upscale/fortunately located buildings. I haven't seen too many Parisian hotels advertising such a benefit, though.