Overview of Esutesukuea Yotsukaidou (エステスクエア四街道)
Esutesukuea Yotsukaidou (エステスクエア四街道) is a 30-year-old condominium located at Yotsukaidou Shidai Nichi 376-27 (四街道市大日376-27), Chiba, Japan. Built in 1996, it comprises 120 units in a Steel Reinforced Concrete (SRC) structure. It was constructed by Hase Kou Kooporeeshon (長谷工コーポレーション).
Pricing & Floor Plans
Based on 28 past listings, prices have ranged from 1,240〜2,780万円 (approx. $82,667–$185,333 USD at ¥150/$).
Unit sizes range from 59.8–81.7 sqm (644–879 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 1SLDK (1-bedroom w/ living-dining-kitchen + service room), 2SLDK (2-bedroom w/ living-dining-kitchen + service room), 1LDK (1-bedroom w/ living-dining-kitchen), 3LDK (3-bedroom w/ living-dining-kitchen), 4LDK (4-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥29.2万/sqm (approx. $1,945/sqm or $181/sqft).
Location & Neighborhood
The property is located at Yotsukaidou Shidai Nichi 376-27 (四街道市大日376-27), Chiba, Japan. It is a 9-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 30 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 120 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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