Overview of Roorerusukuea Kizugawa Dai Daini Ki 1 5 Ban Kan (ローレルスクエア木津川台第２期１５番館)
Roorerusukuea Kizugawa Dai Daini Ki 1 5 Ban Kan (ローレルスクエア木津川台第２期１５番館) is a 27-year-old condominium located at Kizugawa Ichiki Tsugawa Dai 6 Choume 2-2 (木津川市木津川台6丁目2-2), Kyoto, Japan. Built in 1999, it comprises 26 units in a Reinforced Concrete (RC) structure. It was constructed by Dainippon Doboku , Asanuma Kumi (大日本土木、 淺沼組).
Pricing & Floor Plans
Price range: 情報なし.
Estimated price per sqm: ¥19.2万/sqm (approx. $1,279/sqm or $119/sqft).
Location & Neighborhood
The property is located at Kizugawa Ichiki Tsugawa Dai 6 Choume 2-2 (木津川市木津川台6丁目2-2), Kyoto, Japan. It is a 16-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 27 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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