Overview of Suteitasumanshon Nagao (ステイタスマンション長尾)
Suteitasumanshon Nagao (ステイタスマンション長尾) is a 35-year-old condominium located at Fukuokashi Jounan Kuchou O 4 Choume 3-17 (福岡市城南区長尾4丁目3-17), Fukuoka, Japan. Built in 1991, it comprises 23 units in a Reinforced Concrete (RC) structure. It was constructed by Sueta Kensetsu (末田建設).
Pricing & Floor Plans
Based on 13 past listings, prices have ranged from 240〜550万円 (approx. $16,000–$36,667 USD at ¥150/$).
Unit sizes range from 22.8–25.2 sqm (245–271 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 1K (1-bedroom w/ kitchen), 1R (Studio).
Estimated price per sqm: ¥16.7万/sqm (approx. $1,112/sqm or $103/sqft).
Location & Neighborhood
The property is located at Fukuokashi Jounan Kuchou O 4 Choume 3-17 (福岡市城南区長尾4丁目3-17), Fukuoka, Japan. It is a 30-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 35 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.