Overview of Sanhausu Kasugai Eki (サンハウス春日井駅)
Sanhausu Kasugai Eki (サンハウス春日井駅) is a 29-year-old condominium located at Kasugai Shijou Jou Machi 3 Choume 24-2 (春日井市上条町3丁目24-2), Aichi, Japan. Built in 1997, it comprises 59 units in a Steel Reinforced Concrete (SRC) structure. It was constructed by Asanuma Kumi (淺沼組).
Pricing & Floor Plans
Based on 23 past listings, prices have ranged from 1,650〜2,890万円 (approx. $110,000–$192,667 USD at ¥150/$).
Unit sizes range from 76.4–94.7 sqm (822–1019 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 3LDK (3-bedroom w/ living-dining-kitchen), 2LDK (2-bedroom w/ living-dining-kitchen), 4LDK (4-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥24.8万/sqm (approx. $1,655/sqm or $154/sqft).
Location & Neighborhood
The property is located at Kasugai Shijou Jou Machi 3 Choume 24-2 (春日井市上条町3丁目24-2), Aichi, Japan. It is a 2-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 29 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 59 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.
Analyze this property's fair price and negotiation room for free at RE:public.