Overview of Ookuhausu Asakusa (オークハウス浅草)
Ookuhausu Asakusa (オークハウス浅草) is a 36-year-old condominium located at Taitouku Imado 2 Choume 39-2 (台東区今戸2丁目39-2), Tokyo, Japan. Built in 1990, it comprises 33 units in a Steel Reinforced Concrete (SRC) structure. It was constructed by Yamato Kensetsu (大和建設).
Pricing & Floor Plans
Based on 47 past listings, prices have ranged from 780〜3,480万円 (approx. $52,000–$232,000 USD at ¥150/$).
Unit sizes range from 17.6–64.1 sqm (189–690 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 1LDK (1-bedroom w/ living-dining-kitchen), 1K (1-bedroom w/ kitchen), 2LDK (2-bedroom w/ living-dining-kitchen), 1R (Studio).
Estimated price per sqm: ¥58.3万/sqm (approx. $3,885/sqm or $361/sqft).
Location & Neighborhood
The property is located at Taitouku Imado 2 Choume 39-2 (台東区今戸2丁目39-2), Tokyo, 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.
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