Overview of Aabanitei Hara (アーバニティ原)
Aabanitei Hara (アーバニティ原) is a 24-year-old condominium located at Nagoyashi Tenhakuku Hara 1 Choume 208 (名古屋市天白区原1丁目208), Aichi, Japan. Built in 2002, it comprises 20 units in a Steel Reinforced Concrete (SRC) structure. It was constructed by Oota Kensetsu (オオタ建設).
Pricing & Floor Plans
Based on 16 past listings, prices have ranged from 2,200〜3,480万円 (approx. $146,667–$232,000 USD at ¥150/$).
Unit sizes range from 77.0–89.3 sqm (829–961 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 4LDK (4-bedroom w/ living-dining-kitchen), 2SLDK (2-bedroom w/ living-dining-kitchen + service room), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥34.2万/sqm (approx. $2,280/sqm or $212/sqft).
Location & Neighborhood
The property is located at Nagoyashi Tenhakuku Hara 1 Choume 208 (名古屋市天白区原1丁目208), Aichi, Japan. It is a 1-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
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 24 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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