Overview of Howaitokyassuru Chigusa 1 (ホワイトキャッスル千種１)
Howaitokyassuru Chigusa 1 (ホワイトキャッスル千種１) is a 45-year-old condominium located at Nagoyashi Chikusaku Kyou Inochi 1 Choume 9-1 (名古屋市千種区京命1丁目9-1), Aichi, Japan. Built in 1981, it comprises 24 units in a Reinforced Concrete (RC) structure. It was constructed by Maru Hiko Watanabe Kensetsu (丸彦渡辺建設).
Pricing & Floor Plans
Based on 13 past listings, prices have ranged from 560〜1,080万円 (approx. $37,333–$72,000 USD at ¥150/$).
Unit sizes range from 57.4–70.1 sqm (618–755 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 2LDK (2-bedroom w/ living-dining-kitchen), 3LDK (3-bedroom w/ living-dining-kitchen).
Location & Neighborhood
The property is located at Nagoyashi Chikusaku Kyou Inochi 1 Choume 9-1 (名古屋市千種区京命1丁目9-1), Aichi, Japan. It is a 27-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 45 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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