Overview of Kosumo Seya Kootoforumu (コスモ瀬谷コートフォルム)
Kosumo Seya Kootoforumu (コスモ瀬谷コートフォルム) is a 23-year-old condominium located at Yokohamashiseyaku Seya 4 Choume 37-11 (横浜市瀬谷区瀬谷4丁目37-11), Kanagawa, Japan. Built in 2003, it comprises 45 units in a Reinforced Concrete (RC) structure. It was constructed by Kiuchi Kensetsu (木内建設).
Pricing & Floor Plans
Based on 16 past listings, prices have ranged from 2,280〜4,180万円 (approx. $152,000–$278,667 USD at ¥150/$).
Unit sizes range from 68.0–82.3 sqm (732–886 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥50.3万/sqm (approx. $3,351/sqm or $311/sqft).
Location & Neighborhood
The property is located at Yokohamashiseyaku Seya 4 Choume 37-11 (横浜市瀬谷区瀬谷4丁目37-11), Kanagawa, Japan. It is a 7-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 23 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.