Overview of Yuuhausu Daisan Obata (ユーハウス第３小幡)
Yuuhausu Daisan Obata (ユーハウス第３小幡) is a 26-year-old condominium located at Nagoyashi Moriyamaku Chuushin 13-16 (名古屋市守山区中新13-16), Aichi, Japan. Built in 2000, it comprises 30 units in a Reinforced Concrete (RC) structure. It was constructed by Arai Kumi (新井組).
Pricing & Floor Plans
Based on 7 past listings, prices have ranged from 1,480〜2,200万円 (approx. $98,667–$146,667 USD at ¥150/$).
Unit sizes range from 70.1–80.2 sqm (755–863 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 3LDK (3-bedroom w/ living-dining-kitchen), 4LDK (4-bedroom w/ living-dining-kitchen).
Location & Neighborhood
The property is located at Nagoyashi Moriyamaku Chuushin 13-16 (名古屋市守山区中新13-16), Aichi, Japan. It is a 5-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 26 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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