Overview of Puresuteeji Haginomachi (プレステージ萩野町)
Puresuteeji Haginomachi (プレステージ萩野町) is a 36-year-old condominium located at Sendaishi Miyaginoku Haginomachi 1 Choume 7-13 (仙台市宮城野区萩野町1丁目7-13), Miyagi, Japan. Built in 1990, it comprises 23 units in a Reinforced Concrete (RC) structure. It was constructed by Katsumura Kensetsu (勝村建設).
Pricing & Floor Plans
Based on 40 past listings, prices have ranged from 240〜550万円 (approx. $16,000–$36,667 USD at ¥150/$).
Unit sizes range from 19.4–27.0 sqm (209–291 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 1K (1-bedroom w/ kitchen), 1R (Studio), 1DK (1-bedroom w/ dining-kitchen).
Estimated price per sqm: ¥17.9万/sqm (approx. $1,195/sqm or $111/sqft).
Location & Neighborhood
The property is located at Sendaishi Miyaginoku Haginomachi 1 Choume 7-13 (仙台市宮城野区萩野町1丁目7-13), 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 36 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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