Overview of Shiiueebu Shichi Kan Machi (シーウェーブ七間町)
Shiiueebu Shichi Kan Machi (シーウェーブ七間町) is a 24-year-old condominium located at Shizuokashi Aoi Ku Shichi Kan Machi 12-4 (静岡市葵区七間町12-4), Shizuoka, Japan. Built in 2002, it comprises 71 units in a Steel Reinforced Concrete (SRC) structure. It was constructed by Fujiki Koumuten (藤木工務店).
Pricing & Floor Plans
Based on 26 past listings, prices have ranged from 2,600〜5,490万円 (approx. $173,333–$366,000 USD at ¥150/$).
Unit sizes range from 65.3–104.8 sqm (703–1128 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), 3SLDK (3-bedroom w/ living-dining-kitchen + service room), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥48.0万/sqm (approx. $3,197/sqm or $297/sqft).
Location & Neighborhood
The property is located at Shizuokashi Aoi Ku Shichi Kan Machi 12-4 (静岡市葵区七間町12-4), Shizuoka, Japan. It is a 12-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 24 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 71 units, this is a relatively large condominium. Larger buildings typically benefit from lower per-unit maintenance and repair reserve costs.
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.