Overview of Ekuseraaju Ushiku (エクセラージュ牛久)
Ekuseraaju Ushiku (エクセラージュ牛久) is a 30-year-old condominium located at Ushiku Shichuu Ou 2 Choume 27-1 (牛久市中央2丁目27-1), Ibaraki, Japan. Built in 1996, it comprises 46 units in a Reinforced Concrete (RC) structure. It was constructed by Taisei Purehabu (大成プレハブ).
Pricing & Floor Plans
Based on 20 past listings, prices have ranged from 780〜2,080万円 (approx. $52,000–$138,667 USD at ¥150/$).
Unit sizes range from 61.7–72.4 sqm (664–779 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 2LDK (2-bedroom w/ living-dining-kitchen), 2SLDK (2-bedroom w/ living-dining-kitchen + service room), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥30.9万/sqm (approx. $2,062/sqm or $192/sqft).
Location & Neighborhood
The property is located at Ushiku Shichuu Ou 2 Choume 27-1 (牛久市中央2丁目27-1), Ibaraki, 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 30 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.
Analyze this property's fair price and negotiation room for free at RE:public.