Overview of Sanhausu Daisan Kariya (サンハウス第３刈谷)
Sanhausu Daisan Kariya (サンハウス第３刈谷) is a 35-year-old condominium located at Kariyashi Shin'ei Machi 6 Choume 5 (刈谷市新栄町6丁目5), Aichi, Japan. Built in 1991, it comprises 15 units in a Reinforced Concrete (RC) structure. It was constructed by Kuni Kensetsu (六合建設).
Pricing & Floor Plans
Based on 16 past listings, prices have ranged from 866〜2,190万円 (approx. $57,733–$146,000 USD at ¥150/$).
Unit sizes range from 67.3–99.5 sqm (724–1071 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 5LDK (5-bedroom w/ living-dining-kitchen), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥27.6万/sqm (approx. $1,843/sqm or $171/sqft).
Location & Neighborhood
The property is located at Kariyashi Shin'ei Machi 6 Choume 5 (刈谷市新栄町6丁目5), Aichi, Japan. It is a 5-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 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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