Overview of Raionzumanshon Nishiarai Taka Doukou Sono (ライオンズマンション西新井高道公園)
Raionzumanshon Nishiarai Taka Doukou Sono (ライオンズマンション西新井高道公園) is a 28-year-old condominium located at Adachiku Nishiarai 4 Choume 9-7 (足立区西新井4丁目9-7), Tokyo, Japan. Built in 1998, it comprises 36 units in a Reinforced Concrete (RC) structure. It was constructed by Saitama Kenkou (埼玉建興).
Pricing & Floor Plans
Based on 33 past listings, prices have ranged from 1,480〜3,480万円 (approx. $98,667–$232,000 USD at ¥150/$).
Unit sizes range from 52.0–71.7 sqm (560–772 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 1SLDK (1-bedroom w/ living-dining-kitchen + service room), 2LDK (2-bedroom w/ living-dining-kitchen), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥53.0万/sqm (approx. $3,535/sqm or $328/sqft).
Location & Neighborhood
The property is located at Adachiku Nishiarai 4 Choume 9-7 (足立区西新井4丁目9-7), Tokyo, Japan. It is a 11-minute walk to the nearest station. In Japan, station proximity significantly affects property values and daily convenience.
Investment Perspective
Building depreciation: In Japan, buildings depreciate significantly over time. Wood-frame houses depreciate to near-zero value at around 22 years, while RC structures depreciate more slowly but still lose value. At 28 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Key cultural note: Unlike the US where properties typically appreciate over time, Japanese buildings depreciate while the underlying land tends to hold or gain value. This means buyers should evaluate the land-to-building value ratio carefully.
Analyze this property's fair price and negotiation room for free at RE:public.