Overview of Dominensu Hongou (ドミネンス本郷)
Dominensu Hongou (ドミネンス本郷) is a 44-year-old condominium located at Bunkyoukuhongou 5 Choume 25-17 (文京区本郷5丁目25-17), Tokyo, Japan. Built in 1982, it comprises 11 units in a Steel Reinforced Concrete (SRC) structure. It was constructed by Tanaka Kensetsu (田中建設).
Pricing & Floor Plans
Based on 9 past listings, prices have ranged from 3,500〜12,800万円 (approx. $233,333–$853,333 USD at ¥150/$).
Unit sizes range from 71.5–94.7 sqm (770–1019 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 4LDK (4-bedroom w/ living-dining-kitchen), 2LDK (2-bedroom w/ living-dining-kitchen), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥140.4万/sqm (approx. $9,361/sqm or $870/sqft).
Location & Neighborhood
The property is located at Bunkyoukuhongou 5 Choume 25-17 (文京区本郷5丁目25-17), Tokyo, Japan. It is a 2-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 44 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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