Overview of Banbeeru Sakuragaoka (バンベール桜ヶ丘)
Banbeeru Sakuragaoka (バンベール桜ヶ丘) is a 23-year-old condominium located at Owariasahi Shi Sakuragaoka Machi 3 Choume 39 (尾張旭市桜ケ丘町3丁目39), Aichi, Japan. Built in 2003, it comprises 51 units in a Reinforced Concrete (RC) structure. It was constructed by Yahagi Kensetsu Kougyou (矢作建設工業).
Pricing & Floor Plans
Based on 27 past listings, prices have ranged from 1,560〜2,350万円 (approx. $104,000–$156,667 USD at ¥150/$).
Unit sizes range from 72.0–103.6 sqm (775–1115 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 4LDK (4-bedroom w/ living-dining-kitchen), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥23.5万/sqm (approx. $1,565/sqm or $145/sqft).
Location & Neighborhood
The property is located at Owariasahi Shi Sakuragaoka Machi 3 Choume 39 (尾張旭市桜ケ丘町3丁目39), Aichi, Japan. It is a 10-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 23 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 51 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.
Analyze this property's fair price and negotiation room for free at RE:public.