Overview of Konseeru Moriyama Kawa Miyamachi (コンセール守山川宮町)
Konseeru Moriyama Kawa Miyamachi (コンセール守山川宮町) is a 36-year-old condominium located at Nagoyashi Moriyamaku Kawa Miyamachi 478-1 (名古屋市守山区川宮町478-1), Aichi, Japan. Built in 1990, it comprises 19 units in a Reinforced Concrete (RC) structure. It was constructed by Taiheikougyou (太平工業).
Pricing & Floor Plans
Price range: 情報なし.
Estimated price per sqm: ¥16.7万/sqm (approx. $1,111/sqm or $103/sqft).
Location & Neighborhood
The property is located at Nagoyashi Moriyamaku Kawa Miyamachi 478-1 (名古屋市守山区川宮町478-1), Aichi, Japan. It is a 7-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 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.
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