Overview of Inagi Paakuhoomuzu (稲城パークホームズ)
Inagi Paakuhoomuzu (稲城パークホームズ) is a 29-year-old condominium located at Inagishi Momomura 1624-1 (稲城市百村1624-1), Tokyo, Japan. Built in 1997, it comprises 53 units in a Steel Reinforced Concrete (SRC) structure. It was constructed by Mitsuifudousan Kensetsu (三井不動産建設).
Pricing & Floor Plans
Based on 21 past listings, prices have ranged from 2,380〜6,980万円 (approx. $158,667–$465,333 USD at ¥150/$).
Unit sizes range from 69.4–93.3 sqm (747–1004 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 5LDK (5-bedroom w/ living-dining-kitchen), 3LDK (3-bedroom w/ living-dining-kitchen), 3SLDK (3-bedroom w/ living-dining-kitchen + service room), 4LDK (4-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥66.5万/sqm (approx. $4,431/sqm or $412/sqft).
Location & Neighborhood
The property is located at Inagishi Momomura 1624-1 (稲城市百村1624-1), Tokyo, Japan. It is a 1-minute walk to the nearest station. This is considered excellent station access in Japan, where most daily errands are done on foot or by train.
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 29 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 53 units, this is a relatively large condominium. Larger buildings typically benefit from lower per-unit maintenance and repair reserve costs.
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.
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