Overview of Aabanraifu Yoko Miya (アーバンライフ横宮)
Aabanraifu Yoko Miya (アーバンライフ横宮) is a 41-year-old condominium located at Nonoichi Shi Yoko Miyamachi 16-17 (野々市市横宮町16-17), Ishikawa, Japan. Built in 1985, it comprises 22 units in a Steel Reinforced Concrete (SRC) structure.
Pricing & Floor Plans
Based on 14 past listings, prices have ranged from 89〜220万円 (approx. $5,933–$14,667 USD at ¥150/$).
Unit sizes range from 23.2–29.0 sqm (250–312 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 1K (1-bedroom w/ kitchen), 2K (2-bedroom w/ kitchen), 1R (Studio), 1DK (1-bedroom w/ dining-kitchen).
Location & Neighborhood
The property is located at Nonoichi Shi Yoko Miyamachi 16-17 (野々市市横宮町16-17), Ishikawa, Japan. It is a 8-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 41 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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