Overview of Sezaaru Daini Miyagino Hara (セザール第二宮城野原)
Sezaaru Daini Miyagino Hara (セザール第二宮城野原) is a 23-year-old condominium located at Sendaishi Miyaginoku Haginomachi 1 Choume 14-11 (仙台市宮城野区萩野町1丁目14-11), Miyagi, Japan. Built in 2003, it comprises 39 units in a Reinforced Concrete (RC) structure. It was constructed by Matsumura Kumi (松村組).
Pricing & Floor Plans
Based on 10 past listings, prices have ranged from 1,650〜2,480万円 (approx. $110,000–$165,333 USD at ¥150/$).
Unit sizes range from 65.4–77.7 sqm (704–836 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 3LDK (3-bedroom w/ living-dining-kitchen), 2SLDK (2-bedroom w/ living-dining-kitchen + service room), 4LDK (4-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥31.2万/sqm (approx. $2,081/sqm or $193/sqft).
Location & Neighborhood
The property is located at Sendaishi Miyaginoku Haginomachi 1 Choume 14-11 (仙台市宮城野区萩野町1丁目14-11), Miyagi, Japan. It is a 9-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.
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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