Overview of Guranshiero Warabi (グランシエロ蕨)
Guranshiero Warabi (グランシエロ蕨) is a 27-year-old condominium located at Warabi Shichuu Ou 7 Choume 7-20 (蕨市中央7丁目7-20), Saitama, Japan. Built in 1999, it comprises 33 units in a Reinforced Concrete (RC) structure. It was constructed by Kumagaigumi (熊谷組).
Pricing & Floor Plans
Based on 23 past listings, prices have ranged from 1,880〜4,280万円 (approx. $125,333–$285,333 USD at ¥150/$).
Unit sizes range from 60.5–86.6 sqm (651–932 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 4LDK (4-bedroom w/ living-dining-kitchen), 3SLDK (3-bedroom w/ living-dining-kitchen + service room), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥49.0万/sqm (approx. $3,270/sqm or $304/sqft).
Location & Neighborhood
The property is located at Warabi Shichuu Ou 7 Choume 7-20 (蕨市中央7丁目7-20), Saitama, Japan. It is a 13-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 27 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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