Overview of Virunuubu Mizuho Dai (ヴィルヌーブみずほ台)
Virunuubu Mizuho Dai (ヴィルヌーブみずほ台) is a 28-year-old condominium located at Fujimi Shi Hari Ke Tani 2 Choume 11-10 (富士見市針ケ谷2丁目11-10), Saitama, Japan. Built in 1998, it comprises 29 units in a Reinforced Concrete (RC) structure. It was constructed by Fudou Kensetsu (不動建設).
Pricing & Floor Plans
Based on 26 past listings, prices have ranged from 1,420〜3,880万円 (approx. $94,667–$258,667 USD at ¥150/$).
Unit sizes range from 68.1–82.2 sqm (733–885 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 2LDK (2-bedroom w/ living-dining-kitchen), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥24.5万/sqm (approx. $1,631/sqm or $151/sqft).
Location & Neighborhood
The property is located at Fujimi Shi Hari Ke Tani 2 Choume 11-10 (富士見市針ケ谷2丁目11-10), Saitama, Japan. It is a 13-minute walk to the nearest station. In Japan, station proximity significantly affects property values and daily convenience.
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 28 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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