Overview of Ebina Manshon (海老名マンション)
Ebina Manshon (海老名マンション) is a 36-year-old condominium located at Ebinashi Kamisato 1 Choume 1-1 (海老名市上郷1丁目1-1), Kanagawa, Japan. Built in 1990, it comprises 20 units in a 鉄骨造 structure. It was constructed by Nagumo Kensetsu (南雲建設).
Pricing & Floor Plans
Based on 35 past listings, prices have ranged from 490〜880万円 (approx. $32,667–$58,667 USD at ¥150/$).
Unit sizes range from 31.0–43.7 sqm (334–470 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 2K (2-bedroom w/ kitchen), 1K (1-bedroom w/ kitchen), 1R (Studio), 2DK (2-bedroom w/ dining-kitchen), 3DK (3-bedroom w/ dining-kitchen).
Estimated price per sqm: ¥19.8万/sqm (approx. $1,318/sqm or $122/sqft).
Location & Neighborhood
The property is located at Ebinashi Kamisato 1 Choume 1-1 (海老名市上郷1丁目1-1), Kanagawa, 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 36 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.
Analyze this property's fair price and negotiation room for free at RE:public.