Overview of Manshon Takada Kan (マンション高田館)
Manshon Takada Kan (マンション高田館) is a 39-year-old condominium located at Jouetsushi Honchou 6 Choume 1-23 (上越市本町6丁目1-23), Niigata, Japan. Built in 1987, it comprises 44 units in a Steel Reinforced Concrete (SRC) structure.
Pricing & Floor Plans
Based on 13 past listings, prices have ranged from 750〜1,399万円 (approx. $50,000–$93,267 USD at ¥150/$).
Unit sizes range from 68.0–90.7 sqm (732–976 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 3LDK (3-bedroom w/ living-dining-kitchen), 2SLDK (2-bedroom w/ living-dining-kitchen + service room), 4LDK (4-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥17.9万/sqm (approx. $1,197/sqm or $111/sqft).
Location & Neighborhood
The property is located at Jouetsushi Honchou 6 Choume 1-23 (上越市本町6丁目1-23), Niigata, Japan. It is a 4-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 39 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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