Overview of Evaaguriin Chibachuuou (エヴァーグリーン千葉中央)
Evaaguriin Chibachuuou (エヴァーグリーン千葉中央) is a 30-year-old condominium located at Chibashi Chuuouku Shinmeichou 206-1 (千葉市中央区神明町206-1), Chiba, Japan. Built in 1996, it comprises 43 units in a Steel Reinforced Concrete (SRC) structure. It was constructed by Sanpei Kensetsu (三平建設).
Pricing & Floor Plans
Based on 33 past listings, prices have ranged from 1,380〜3,698万円 (approx. $92,000–$246,533 USD at ¥150/$).
Unit sizes range from 57.5–68.4 sqm (619–736 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: ¥47.1万/sqm (approx. $3,143/sqm or $292/sqft).
Location & Neighborhood
The property is located at Chibashi Chuuouku Shinmeichou 206-1 (千葉市中央区神明町206-1), Chiba, Japan. It is a 6-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.
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