Overview of Middorejidensu Inazawa (ミッドレジデンス稲沢)
Middorejidensu Inazawa (ミッドレジデンス稲沢) is a 16-year-old condominium located at Inazawa Shi Shimotsu Kitayama 1 Choume 2 (稲沢市下津北山1丁目2), Aichi, Japan. Built in 2010, it comprises 276 units in a Reinforced Concrete (RC) structure. It was constructed by Hase Kou Kooporeeshon (長谷工コーポレーション).
Pricing & Floor Plans
Based on 137 past listings, prices have ranged from 1,890〜3,800万円 (approx. $126,000–$253,333 USD at ¥150/$).
Unit sizes range from 69.5–98.5 sqm (748–1060 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 3SLDK (3-bedroom w/ living-dining-kitchen + service room), 3LDK (3-bedroom w/ living-dining-kitchen), 2LDK (2-bedroom w/ living-dining-kitchen), 4LDK (4-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥43.2万/sqm (approx. $2,878/sqm or $267/sqft).
Location & Neighborhood
The property is located at Inazawa Shi Shimotsu Kitayama 1 Choume 2 (稲沢市下津北山1丁目2), Aichi, Japan. It is a 5-minute walk to the nearest station. This is considered excellent station access in Japan, where most daily errands are done on foot or by train.
Investment Perspective
Scale advantage: With 276 units, this is a relatively large condominium. Larger buildings typically benefit from lower per-unit maintenance and repair reserve costs.
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.