Overview of Aaderu Koganei Honchou (アーデル小金井本町)
Aaderu Koganei Honchou (アーデル小金井本町) is a 23-year-old condominium located at Koganeishi Honchou 5 Choume 41-13 (小金井市本町5丁目41-13), Tokyo, Japan. Built in 2003, it comprises 39 units in a Reinforced Concrete (RC) structure. It was constructed by Muramoto Kensetsu (村本建設).
Pricing & Floor Plans
Based on 17 past listings, prices have ranged from 3,280〜7,180万円 (approx. $218,667–$478,667 USD at ¥150/$).
Unit sizes range from 72.5–80.8 sqm (780–870 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 2LDK (2-bedroom w/ living-dining-kitchen), 3LDK (3-bedroom w/ living-dining-kitchen).
Location & Neighborhood
The property is located at Koganeishi Honchou 5 Choume 41-13 (小金井市本町5丁目41-13), Tokyo, 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 23 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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