Overview of Ebaaraifu Touhei O Kouen C Tou (エバーライフ東平尾公園Ｃ棟)
Ebaaraifu Touhei O Kouen C Tou (エバーライフ東平尾公園Ｃ棟) is a 32-year-old condominium located at Fukuokashi Hakataku Aoki 1 Choume 19-1 (福岡市博多区青木1丁目19-1), Fukuoka, Japan. Built in 1994, it comprises 256 units in a Reinforced Concrete (RC) structure. It was constructed by Dai Matsu Kensetsu (大末建設).
Pricing & Floor Plans
Based on 16 past listings, prices have ranged from 1,260〜2,799万円 (approx. $84,000–$186,600 USD at ¥150/$).
Unit sizes range from 56.4–77.0 sqm (607–829 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 3DK (3-bedroom w/ dining-kitchen), 2LDK (2-bedroom w/ living-dining-kitchen), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥28.9万/sqm (approx. $1,929/sqm or $179/sqft).
Location & Neighborhood
The property is located at Fukuokashi Hakataku Aoki 1 Choume 19-1 (福岡市博多区青木1丁目19-1), Fukuoka, 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 32 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 256 units, this is a relatively large condominium. Larger buildings typically benefit from lower per-unit maintenance and repair reserve costs.
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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