Overview of Koushien Paakuhoomuzu Keyakimichi (甲子園パークホームズけやきみち)
Koushien Paakuhoomuzu Keyakimichi (甲子園パークホームズけやきみち) is a 26-year-old condominium located at Nishinomiyashi Koushien Hamada Machi 15-30 (西宮市甲子園浜田町15-30), Hyogo, Japan. Built in 2000, it comprises 31 units in a Reinforced Concrete (RC) structure. It was constructed by Takenakakoumuten (竹中工務店).
Pricing & Floor Plans
Based on 10 past listings, prices have ranged from 2,980〜3,800万円 (approx. $198,667–$253,333 USD at ¥150/$).
Unit sizes range from 63.0–70.5 sqm (678–759 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 2SLDK (2-bedroom w/ living-dining-kitchen + service room), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥51.9万/sqm (approx. $3,458/sqm or $321/sqft).
Location & Neighborhood
The property is located at Nishinomiyashi Koushien Hamada Machi 15-30 (西宮市甲子園浜田町15-30), Hyogo, Japan. It is a 7-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 26 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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