Overview of Shiteikoopo Taki No Mizu 1 Goukan (シティコーポ滝の水１号館)
Shiteikoopo Taki No Mizu 1 Goukan (シティコーポ滝の水１号館) is a 36-year-old condominium located at Nagoyashi Midoriku Taki No Mizu 2 Choume 101 (名古屋市緑区滝ノ水2丁目101), Aichi, Japan. Built in 1990, it comprises 24 units in a Reinforced Concrete (RC) structure. It was constructed by Nagoyashi Juutaku Kyoukyuu Kousha (名古屋市住宅供給公社).
Pricing & Floor Plans
Price range: 情報なし.
Estimated price per sqm: ¥28.6万/sqm (approx. $1,907/sqm or $177/sqft).
Location & Neighborhood
The property is located at Nagoyashi Midoriku Taki No Mizu 2 Choume 101 (名古屋市緑区滝ノ水2丁目101), Aichi, Japan. It is a 18-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.
Analyze this property's fair price and negotiation room for free at RE:public.