Overview of Furawaahiru Kodaira (フラワーヒル小平)
Furawaahiru Kodaira (フラワーヒル小平) is a 34-year-old condominium located at Kodairashi Sakaemachi 2 Choume 33-7 (小平市栄町2丁目33-7), Tokyo, Japan. Built in 1992, it comprises 28 units in a Reinforced Concrete (RC) structure. It was constructed by Masaki Kensetsu (正木建設).
Pricing & Floor Plans
Based on 18 past listings, prices have ranged from 1,090〜1,580万円 (approx. $72,667–$105,333 USD at ¥150/$).
Unit sizes range from 50.3–55.3 sqm (541–595 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 3DK (3-bedroom w/ dining-kitchen).
Estimated price per sqm: ¥27.7万/sqm (approx. $1,845/sqm or $171/sqft).
Location & Neighborhood
The property is located at Kodairashi Sakaemachi 2 Choume 33-7 (小平市栄町2丁目33-7), Tokyo, Japan. It is a 16-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 34 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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