Overview of Uesugi Shiteihausu (上杉シティハウス)
Uesugi Shiteihausu (上杉シティハウス) is a 31-year-old condominium located at Sendaishi Aobaku Uesugi 6 Choume 2-47 (仙台市青葉区上杉6丁目2-47), Miyagi, Japan. Built in 1995, it comprises 21 units in a Reinforced Concrete (RC) structure. It was constructed by Kyouritsu Kensetsu (共立建設).
Pricing & Floor Plans
Based on 13 past listings, prices have ranged from 2,380〜3,290万円 (approx. $158,667–$219,333 USD at ¥150/$).
Unit sizes range from 74.2–74.5 sqm (799–802 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥33.1万/sqm (approx. $2,204/sqm or $205/sqft).
Location & Neighborhood
The property is located at Sendaishi Aobaku Uesugi 6 Choume 2-47 (仙台市青葉区上杉6丁目2-47), Miyagi, Japan. It is a 10-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 31 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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