Overview of Diasuteeji Hodogaya (ディアステージ保土ヶ谷)
Diasuteeji Hodogaya (ディアステージ保土ヶ谷) is a 28-year-old condominium located at Yokohamashi Ho Tsuchi Ke Tani Ku Seto Ke Tanimachi 243-154 (横浜市保土ケ谷区瀬戸ケ谷町243-154), Kanagawa, Japan. Built in 1998, it comprises 33 units in a Reinforced Concrete (RC) structure. It was constructed by Tada Kensetsu (多田建設).
Pricing & Floor Plans
Based on 36 past listings, prices have ranged from 1,680〜2,780万円 (approx. $112,000–$185,333 USD at ¥150/$).
Unit sizes range from 70.2–78.8 sqm (756–848 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 3SLDK (3-bedroom w/ living-dining-kitchen + service room), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥33.1万/sqm (approx. $2,207/sqm or $205/sqft).
Location & Neighborhood
The property is located at Yokohamashi Ho Tsuchi Ke Tani Ku Seto Ke Tanimachi 243-154 (横浜市保土ケ谷区瀬戸ケ谷町243-154), Kanagawa, Japan. It is a 23-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.
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