Overview of Sagamihara Paakuhoomuzu (相模原パークホームズ)
Sagamihara Paakuhoomuzu (相模原パークホームズ) is a 30-year-old condominium located at Sagamiharashi Chuuouku Sagamihara 3 Choume 12-4 (相模原市中央区相模原3丁目12-4), Kanagawa, Japan. Built in 1996, it comprises 39 units in a Reinforced Concrete (RC) structure. It was constructed by Taiseikensetsu (大成建設).
Pricing & Floor Plans
Based on 26 past listings, prices have ranged from 1,600〜2,998万円 (approx. $106,667–$199,867 USD at ¥150/$).
Unit sizes range from 57.4–66.0 sqm (618–710 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 1LDK (1-bedroom w/ living-dining-kitchen), 3LDK (3-bedroom w/ living-dining-kitchen), 4LDK (4-bedroom w/ living-dining-kitchen), 2LDK (2-bedroom w/ living-dining-kitchen), 3SLDK (3-bedroom w/ living-dining-kitchen + service room).
Estimated price per sqm: ¥42.6万/sqm (approx. $2,838/sqm or $264/sqft).
Location & Neighborhood
The property is located at Sagamiharashi Chuuouku Sagamihara 3 Choume 12-4 (相模原市中央区相模原3丁目12-4), Kanagawa, Japan. It is a 4-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 30 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.