Overview of Ekureeru Oobu (エクレール大府)
Ekureeru Oobu (エクレール大府) is a 34-year-old condominium located at Oobu Shi Wakakusa Machi 3 Choume 179-1 (大府市若草町3丁目179-1), Aichi, Japan. Built in 1992, it comprises 44 units in a Reinforced Concrete (RC) structure. It was constructed by Dainippon Doboku (大日本土木).
Pricing & Floor Plans
Based on 14 past listings, prices have ranged from 1,490〜2,580万円 (approx. $99,333–$172,000 USD at ¥150/$).
Unit sizes range from 74.3–100.0 sqm (800–1076 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 4LDK (4-bedroom w/ living-dining-kitchen), 4SLDK (4-bedroom w/ living-dining-kitchen + service room), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥20.3万/sqm (approx. $1,351/sqm or $126/sqft).
Location & Neighborhood
The property is located at Oobu Shi Wakakusa Machi 3 Choume 179-1 (大府市若草町3丁目179-1), Aichi, Japan. It is a 14-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 34 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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