Overview of Aabankooto Miyamaedaira (アーバンコート宮前平)
Aabankooto Miyamaedaira (アーバンコート宮前平) is a 29-year-old condominium located at Kawasakishi Miyamaeku Taira 2 Choume 19-19 (川崎市宮前区平2丁目19-19), Kanagawa, Japan. Built in 1997, it comprises 19 units in a Reinforced Concrete (RC) structure. It was constructed by Matchou Kumi (末長組).
Pricing & Floor Plans
Based on 20 past listings, prices have ranged from 1,480〜3,300万円 (approx. $98,667–$220,000 USD at ¥150/$).
Unit sizes range from 59.3–63.1 sqm (638–679 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥40.0万/sqm (approx. $2,663/sqm or $247/sqft).
Location & Neighborhood
The property is located at Kawasakishi Miyamaeku Taira 2 Choume 19-19 (川崎市宮前区平2丁目19-19), Kanagawa, Japan. It is a 5-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.
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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