Overview of Yuuesupia Nishio (ユーエスピア西尾)
Yuuesupia Nishio (ユーエスピア西尾) is a 33-year-old condominium located at Nishio Shi Yonetsu Machi Tanegi 50 (西尾市米津町種木50), Aichi, Japan. Built in 1993, it comprises 83 units in a Reinforced Concrete (RC) structure. It was constructed by Fuji Koumuten , Atarashi (富士工務店、 アタラシ).
Pricing & Floor Plans
Based on 21 past listings, prices have ranged from 730〜1,250万円 (approx. $48,667–$83,333 USD at ¥150/$).
Unit sizes range from 66.0–86.1 sqm (710–927 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 4LDK (4-bedroom w/ living-dining-kitchen), 2SLDK (2-bedroom w/ living-dining-kitchen + service room), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥18.0万/sqm (approx. $1,197/sqm or $111/sqft).
Location & Neighborhood
The property is located at Nishio Shi Yonetsu Machi Tanegi 50 (西尾市米津町種木50), Aichi, Japan. It is a 15-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 33 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 83 units, this is a relatively large condominium. Larger buildings typically benefit from lower per-unit maintenance and repair reserve costs.
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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