Overview of Yuniiburu Shin Seto (ユニーブル新瀬戸)
Yuniiburu Shin Seto (ユニーブル新瀬戸) is a 37-year-old condominium located at Seto Shi Magota Machi 15-5 (瀬戸市孫田町15-5), Aichi, Japan. Built in 1989, it comprises 18 units in a Reinforced Concrete (RC) structure. It was constructed by Mugishima Kensetsu (麦島建設).
Pricing & Floor Plans
Based on 10 past listings, prices have ranged from 1,080〜1,560万円 (approx. $72,000–$104,000 USD at ¥150/$).
Unit sizes range from 70.9–102.6 sqm (763–1104 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 5LDK (5-bedroom w/ living-dining-kitchen), 4LDK (4-bedroom w/ living-dining-kitchen), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥16.9万/sqm (approx. $1,130/sqm or $105/sqft).
Location & Neighborhood
The property is located at Seto Shi Magota Machi 15-5 (瀬戸市孫田町15-5), Aichi, Japan. It is a 7-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 37 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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