Overview of Sukueagaaden Izumi Kouen (スクエアガーデン稲積公園)
Sukueagaaden Izumi Kouen (スクエアガーデン稲積公園) is a 33-year-old condominium located at Sapporoshi Teine Ku Tomioka Ichijou 6 Choume 9-20 (札幌市手稲区富丘一条6丁目9-20), Hokkaido, Japan. Built in 1993, it comprises 30 units in a Reinforced Concrete (RC) structure. It was constructed by Toukaikougyou (東海興業).
Pricing & Floor Plans
Based on 13 past listings, prices have ranged from 980〜2,480万円 (approx. $65,333–$165,333 USD at ¥150/$).
Unit sizes range from 75.7–77.0 sqm (815–829 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: ¥28.4万/sqm (approx. $1,893/sqm or $176/sqft).
Location & Neighborhood
The property is located at Sapporoshi Teine Ku Tomioka Ichijou 6 Choume 9-20 (札幌市手稲区富丘一条6丁目9-20), Hokkaido, Japan. It is a 5-minute walk to the nearest station. This is considered excellent station access in Japan, where most daily errands are done on foot or by train.
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 33 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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