Overview of Eminansu Izumichuuou Higashi (エミナンス泉中央東)
Eminansu Izumichuuou Higashi (エミナンス泉中央東) is a 34-year-old condominium located at Sendaishi Izumiku Nanakita 86-1 (仙台市泉区七北田86-1), Miyagi, Japan. Built in 1992, it comprises 47 units in a Reinforced Concrete (RC) structure. It was constructed by Toukaikougyou (東海興業).
Pricing & Floor Plans
Based on 21 past listings, prices have ranged from 1,090〜1,790万円 (approx. $72,667–$119,333 USD at ¥150/$).
Unit sizes range from 61.7–68.7 sqm (664–739 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 2LDK (2-bedroom w/ living-dining-kitchen), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥24.5万/sqm (approx. $1,635/sqm or $152/sqft).
Location & Neighborhood
The property is located at Sendaishi Izumiku Nanakita 86-1 (仙台市泉区七北田86-1), Miyagi, Japan. It is a 10-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 34 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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