Overview of Miharashino Ie D Tou (みはらしの家Ｄ棟)
Miharashino Ie D Tou (みはらしの家Ｄ棟) is a 37-year-old condominium located at Inagishi Kouyou Dai 4 Choume 2 (稲城市向陽台4丁目2), Tokyo, Japan. Built in 1989, it comprises 46 units in a Steel Reinforced Concrete (SRC) structure. It was constructed by Hasegawakoumuten (長谷川工務店).
Pricing & Floor Plans
Price range: 情報なし.
Estimated price per sqm: ¥26.5万/sqm (approx. $1,766/sqm or $164/sqft).
Location & Neighborhood
The property is located at Inagishi Kouyou Dai 4 Choume 2 (稲城市向陽台4丁目2), Tokyo, Japan. It is a 23-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 37 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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