Overview of Banbeeru Toyoda Hisashi (バンベール豊田寿)
Banbeeru Toyoda Hisashi (バンベール豊田寿) is a 32-year-old condominium located at Toyotashi Kotobukichou 4 Choume 36 (豊田市寿町4丁目36), Aichi, Japan. Built in 1994, it comprises 51 units in a Reinforced Concrete (RC) structure. It was constructed by Yahagi Kensetsu Kougyou (矢作建設工業).
Pricing & Floor Plans
Based on 30 past listings, prices have ranged from 1,250〜2,180万円 (approx. $83,333–$145,333 USD at ¥150/$).
Unit sizes range from 67.6–84.5 sqm (728–910 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 4LDK (4-bedroom w/ living-dining-kitchen), 3SLDK (3-bedroom w/ living-dining-kitchen + service room), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥24.9万/sqm (approx. $1,663/sqm or $155/sqft).
Location & Neighborhood
The property is located at Toyotashi Kotobukichou 4 Choume 36 (豊田市寿町4丁目36), Aichi, Japan. It is a 14-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 32 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 51 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.