Overview of Raionzumanshon Toyohashi Makino Machi (ライオンズマンション豊橋牧野町)
Raionzumanshon Toyohashi Makino Machi (ライオンズマンション豊橋牧野町) is a 35-year-old condominium located at Toyohashishi Makino Machi 218-1 (豊橋市牧野町218-1), Aichi, Japan. Built in 1991, it comprises 40 units in a Reinforced Concrete (RC) structure. It was constructed by Okada Kensetsu (岡田建設).
Pricing & Floor Plans
Based on 39 past listings, prices have ranged from 490〜1,280万円 (approx. $32,667–$85,333 USD at ¥150/$).
Unit sizes range from 45.3–80.2 sqm (488–863 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 2DK (2-bedroom w/ dining-kitchen), 3LDK (3-bedroom w/ living-dining-kitchen), 4LDK (4-bedroom w/ living-dining-kitchen), 3DK (3-bedroom w/ dining-kitchen), 2LDK (2-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥8.8万/sqm (approx. $590/sqm or $55/sqft).
Location & Neighborhood
The property is located at Toyohashishi Makino Machi 218-1 (豊橋市牧野町218-1), Aichi, Japan. It is a 25-minute walk to the nearest station. In Japan, station proximity significantly affects property values and daily convenience.
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 35 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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