Overview of Jieipaaku Bunkyou Nishikata (ジェイパーク文京西片)
Jieipaaku Bunkyou Nishikata (ジェイパーク文京西片) is a 25-year-old condominium located at Bunkyouku Nishikata 1 Choume 17-1 (文京区西片1丁目17-1), Tokyo, Japan. Built in 2001, it comprises 59 units in a Steel Reinforced Concrete (SRC) structure. It was constructed by Matsumura Kumi (松村組).
Pricing & Floor Plans
Based on 22 past listings, prices have ranged from 4,350〜8,280万円 (approx. $290,000–$552,000 USD at ¥150/$).
Unit sizes range from 58.3–95.6 sqm (628–1029 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 4LDK (4-bedroom w/ living-dining-kitchen), 2LDK (2-bedroom w/ living-dining-kitchen), 3SLDK (3-bedroom w/ living-dining-kitchen + service room), 3LDK (3-bedroom w/ living-dining-kitchen).
Location & Neighborhood
The property is located at Bunkyouku Nishikata 1 Choume 17-1 (文京区西片1丁目17-1), Tokyo, Japan. It is a 3-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 25 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 59 units, this is a relatively large condominium. Larger buildings typically benefit from lower per-unit maintenance and repair reserve costs.
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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