Overview of Taishou Ribaasaidomanshon (大捷リバーサイドマンション)
Taishou Ribaasaidomanshon (大捷リバーサイドマンション) is a 41-year-old condominium located at Edogawaku Higashi Koiwa 3 Choume 22-19 (江戸川区東小岩3丁目22-19), Tokyo, Japan. Built in 1985, it comprises 39 units in a Reinforced Concrete (RC) structure. It was constructed by Daiichi Juutaku (第一住宅).
Pricing & Floor Plans
Based on 31 past listings, prices have ranged from 1,000〜2,280万円 (approx. $66,667–$152,000 USD at ¥150/$).
Unit sizes range from 39.1–47.5 sqm (421–511 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 1LDK (1-bedroom w/ living-dining-kitchen), 1R (Studio), 2DK (2-bedroom w/ dining-kitchen), 1DK (1-bedroom w/ dining-kitchen), 2LDK (2-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥43.5万/sqm (approx. $2,903/sqm or $270/sqft).
Location & Neighborhood
The property is located at Edogawaku Higashi Koiwa 3 Choume 22-19 (江戸川区東小岩3丁目22-19), Tokyo, Japan. It is a 7-minute walk to the nearest station. This is considered good station access by Japanese standards.
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 41 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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