Overview of Yuuhausu Daini Tsushima (ユーハウス第２津島)
Yuuhausu Daini Tsushima (ユーハウス第２津島) is a 28-year-old condominium located at Tsushima Shi Yanagihara Machi 4 Choume 8-2 (津島市柳原町4丁目8-2), Aichi, Japan. Built in 1998, it comprises 34 units in a Reinforced Concrete (RC) structure. It was constructed by Mugishima Kensetsu (麦島建設).
Pricing & Floor Plans
Based on 32 past listings, prices have ranged from 900〜2,480万円 (approx. $60,000–$165,333 USD at ¥150/$).
Unit sizes range from 70.6–96.2 sqm (760–1035 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 3LDK (3-bedroom w/ living-dining-kitchen), 2LDK (2-bedroom w/ living-dining-kitchen), 4LDK (4-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥24.7万/sqm (approx. $1,645/sqm or $153/sqft).
Location & Neighborhood
The property is located at Tsushima Shi Yanagihara Machi 4 Choume 8-2 (津島市柳原町4丁目8-2), 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 28 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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