Overview of Takara Manshon Isshoku Shinmachi (宝マンション一色新町)
Takara Manshon Isshoku Shinmachi (宝マンション一色新町) is a 28-year-old condominium located at Nagoyashi Nakagawa Ku Isshoku Shinmachi 3 Choume 1410 (名古屋市中川区一色新町3丁目1410), Aichi, Japan. Built in 1998, it comprises 74 units in a Steel Reinforced Concrete (SRC) structure. It was constructed by Matsumura Kumi (松村組).
Pricing & Floor Plans
Based on 27 past listings, prices have ranged from 1,120〜1,880万円 (approx. $74,667–$125,333 USD at ¥150/$).
Unit sizes range from 68.6–83.0 sqm (738–893 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).
Location & Neighborhood
The property is located at Nagoyashi Nakagawa Ku Isshoku Shinmachi 3 Choume 1410 (名古屋市中川区一色新町3丁目1410), 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 28 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 74 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.
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