Overview of Paakuhausu Aoba Fujigaoka Veruuru (パークハウス青葉藤が丘ヴェルール)
Paakuhausu Aoba Fujigaoka Veruuru (パークハウス青葉藤が丘ヴェルール) is a 25-year-old condominium located at Yokohamashi Aobaku Fujigaoka 2 Choume 7-3 (横浜市青葉区藤が丘2丁目7-3), Kanagawa, Japan. Built in 2001, it comprises 79 units in a Reinforced Concrete (RC) structure. It was constructed by Toda Kensetsu (戸田建設).
Pricing & Floor Plans
Based on 35 past listings, prices have ranged from 3,450〜7,980万円 (approx. $230,000–$532,000 USD at ¥150/$).
Unit sizes range from 60.1–90.8 sqm (647–977 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 4LDK (4-bedroom w/ living-dining-kitchen), 2LDK (2-bedroom w/ living-dining-kitchen), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥83.2万/sqm (approx. $5,546/sqm or $515/sqft).
Location & Neighborhood
The property is located at Yokohamashi Aobaku Fujigaoka 2 Choume 7-3 (横浜市青葉区藤が丘2丁目7-3), Kanagawa, Japan. It is a 3-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 25 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 79 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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