Overview of Takara Manshon Ken Yori Kouen (宝マンション見寄公園)
Takara Manshon Ken Yori Kouen (宝マンション見寄公園) is a 27-year-old condominium located at Nagoyashi Nishiku Ken Yori Machi 203 (名古屋市西区見寄町203), Aichi, Japan. Built in 1999, it comprises 25 units in a Reinforced Concrete (RC) structure. It was constructed by Ooi Kensetsu (大井建設).
Pricing & Floor Plans
Based on 17 past listings, prices have ranged from 1,280〜2,080万円 (approx. $85,333–$138,667 USD at ¥150/$).
Unit sizes range from 66.3–78.5 sqm (714–845 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 3LDK (3-bedroom w/ living-dining-kitchen), 4LDK (4-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥25.4万/sqm (approx. $1,695/sqm or $158/sqft).
Location & Neighborhood
The property is located at Nagoyashi Nishiku Ken Yori Machi 203 (名古屋市西区見寄町203), Aichi, Japan. It is a 17-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 27 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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