Overview of Rofutei Inazawa (ロフティ稲沢)
Rofutei Inazawa (ロフティ稲沢) is a 25-year-old condominium located at Inazawa Shi Okuda Oozouchou 1 (稲沢市奥田大沢町1), Aichi, Japan. Built in 2001, it comprises 31 units in a Reinforced Concrete (RC) structure. It was constructed by Matsumura Kumi (松村組).
Pricing & Floor Plans
Based on 6 past listings, prices have ranged from 1,880〜2,580万円 (approx. $125,333–$172,000 USD at ¥150/$).
Unit sizes range from 99.6–108.0 sqm (1072–1163 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 4SLDK (4-bedroom w/ living-dining-kitchen + service room), 2SLDK (2-bedroom w/ living-dining-kitchen + service room), 4LDK (4-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥18.9万/sqm (approx. $1,259/sqm or $117/sqft).
Location & Neighborhood
The property is located at Inazawa Shi Okuda Oozouchou 1 (稲沢市奥田大沢町1), Aichi, Japan. It is a 8-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 25 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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