Overview of Daiaparesu Toyoda Yama Yuki Te (ダイアパレス豊田山之手)
Daiaparesu Toyoda Yama Yuki Te (ダイアパレス豊田山之手) is a 35-year-old condominium located at Toyotashi Yama Yuki Te 8 Choume 178 (豊田市山之手8丁目178), Aichi, Japan. Built in 1991, it comprises 29 units in a Reinforced Concrete (RC) structure. It was constructed by Nihonkokudokaihatsu (日本国土開発).
Pricing & Floor Plans
Based on 24 past listings, prices have ranged from 380〜580万円 (approx. $25,333–$38,667 USD at ¥150/$).
Unit sizes range from 26.1–29.7 sqm (281–320 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 1DK (1-bedroom w/ dining-kitchen).
Estimated price per sqm: ¥15.7万/sqm (approx. $1,049/sqm or $97/sqft).
Location & Neighborhood
The property is located at Toyotashi Yama Yuki Te 8 Choume 178 (豊田市山之手8丁目178), Aichi, Japan. It is a 9-minute walk to the nearest station. This is considered good station access by Japanese standards.
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 35 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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