Overview of Takara Nishi Ajima Haitsu (宝西味鋺ハイツ)
Takara Nishi Ajima Haitsu (宝西味鋺ハイツ) is a 36-year-old condominium located at Nagoyashi Kitaku Nishi Ajima 1 Choume 130 (名古屋市北区西味鋺1丁目130), Aichi, Japan. Built in 1990, it comprises 36 units in a Reinforced Concrete (RC) structure. It was constructed by Magara Kensetsu (真柄建設).
Pricing & Floor Plans
Based on 25 past listings, prices have ranged from 670〜1,500万円 (approx. $44,667–$100,000 USD at ¥150/$).
Unit sizes range from 62.7–85.0 sqm (675–915 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 3LDK (3-bedroom w/ living-dining-kitchen), 3SDK (3-bedroom w/ dining-kitchen + service room), 4LDK (4-bedroom w/ living-dining-kitchen), 2LDK (2-bedroom w/ living-dining-kitchen), 3SLDK (3-bedroom w/ living-dining-kitchen + service room).
Estimated price per sqm: ¥15.2万/sqm (approx. $1,015/sqm or $94/sqft).
Location & Neighborhood
The property is located at Nagoyashi Kitaku Nishi Ajima 1 Choume 130 (名古屋市北区西味鋺1丁目130), Aichi, Japan. It is a 20-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 36 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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