Overview of Shatoreesuteeshon Mikawaanjou (シャトレーステーション三河安城)
Shatoreesuteeshon Mikawaanjou (シャトレーステーション三河安城) is a 23-year-old condominium located at Anjou Ichiji Motoki Shinmachi 3 Choume 6-4 (安城市二本木新町3丁目6-4), Aichi, Japan. Built in 2003, it comprises 40 units in a Steel Reinforced Concrete (SRC) structure. It was constructed by Toku Kura Kensetsu , Kimura Kensetsu (徳倉建設、 木村建設).
Pricing & Floor Plans
Based on 20 past listings, prices have ranged from 1,980〜3,150万円 (approx. $132,000–$210,000 USD at ¥150/$).
Unit sizes range from 74.7–89.4 sqm (804–962 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 3LDK (3-bedroom w/ living-dining-kitchen), 4LDK (4-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥33.5万/sqm (approx. $2,234/sqm or $208/sqft).
Location & Neighborhood
The property is located at Anjou Ichiji Motoki Shinmachi 3 Choume 6-4 (安城市二本木新町3丁目6-4), Aichi, Japan. It is a 3-minute walk to the nearest station. This is considered excellent station access in Japan, where most daily errands are done on foot or by train.
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.