Overview of Kosumo Yokohama Hodogaya (コスモ横浜保土ヶ谷)
Kosumo Yokohama Hodogaya (コスモ横浜保土ヶ谷) is a 35-year-old condominium located at Yokohamashi Ho Tsuchi Ke Tani Ku Ho Tsuchi Ke Tanimachi 1 Choume 25 (横浜市保土ケ谷区保土ケ谷町1丁目25), Kanagawa, Japan. Built in 1991, it comprises 95 units in a Steel Reinforced Concrete (SRC) structure. It was constructed by Fuji Kou , Fuji Kou (冨士工、 富士工).
Pricing & Floor Plans
Based on 47 past listings, prices have ranged from 350〜999万円 (approx. $23,333–$66,600 USD at ¥150/$).
Unit sizes range from 17.6–18.4 sqm (189–198 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 1K (1-bedroom w/ kitchen), 1R (Studio).
Estimated price per sqm: ¥42.2万/sqm (approx. $2,815/sqm or $262/sqft).
Location & Neighborhood
The property is located at Yokohamashi Ho Tsuchi Ke Tani Ku Ho Tsuchi Ke Tanimachi 1 Choume 25 (横浜市保土ケ谷区保土ケ谷町1丁目25), Kanagawa, Japan. It is a 7-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 35 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 95 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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