Overview of Rowaarugaaden Machida 2 (ロワールガーデン町田２)
Rowaarugaaden Machida 2 (ロワールガーデン町田２) is a 23-year-old condominium located at Machidashi Morino 2 Choume 26-18 (町田市森野2丁目26-18), Tokyo, Japan. Built in 2003, it comprises 25 units in a Reinforced Concrete (RC) structure. It was constructed by Odakyuu Kensetsu (小田急建設).
Pricing & Floor Plans
Based on 21 past listings, prices have ranged from 2,280〜4,880万円 (approx. $152,000–$325,333 USD at ¥150/$).
Unit sizes range from 45.6–76.7 sqm (491–826 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 1LDK (1-bedroom w/ living-dining-kitchen), 2LDK (2-bedroom w/ living-dining-kitchen), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥56.5万/sqm (approx. $3,769/sqm or $350/sqft).
Location & Neighborhood
The property is located at Machidashi Morino 2 Choume 26-18 (町田市森野2丁目26-18), Tokyo, Japan. It is a 11-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.
Analyze this property's fair price and negotiation room for free at RE:public.