Overview of Takara Manshon Hibino Uesuto (宝マンション日比野ウエスト)
Takara Manshon Hibino Uesuto (宝マンション日比野ウエスト) is a 25-year-old condominium located at Nagoyashi Nakagawa Ku Hanatsuka Machi 2 Choume 24 (名古屋市中川区花塚町2丁目24), Aichi, Japan. Built in 2001, it comprises 42 units in a Reinforced Concrete (RC) structure. It was constructed by Nagase Kumi (長瀬組).
Pricing & Floor Plans
Based on 24 past listings, prices have ranged from 1,600〜2,580万円 (approx. $106,667–$172,000 USD at ¥150/$).
Unit sizes range from 70.0–85.1 sqm (753–916 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 3LDK (3-bedroom w/ living-dining-kitchen), 3SLDK (3-bedroom w/ living-dining-kitchen + service room), 4LDK (4-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥29.4万/sqm (approx. $1,961/sqm or $182/sqft).
Location & Neighborhood
The property is located at Nagoyashi Nakagawa Ku Hanatsuka Machi 2 Choume 24 (名古屋市中川区花塚町2丁目24), Aichi, Japan. It is a 13-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 25 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.