Overview of Raionzugaaden Kawana Honchou (ライオンズガーデン川名本町)
Raionzugaaden Kawana Honchou (ライオンズガーデン川名本町) is a 30-year-old condominium located at Nagoyashi Shouwaku Kawana Honchou 6 Choume 25-3 (名古屋市昭和区川名本町6丁目25-3), Aichi, Japan. Built in 1996, it comprises 53 units in a Reinforced Concrete (RC) structure. It was constructed by Oobayashi Kumi (大林組).
Pricing & Floor Plans
Based on 15 past listings, prices have ranged from 1,850〜3,470万円 (approx. $123,333–$231,333 USD at ¥150/$).
Unit sizes range from 67.0–83.2 sqm (721–896 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).
Location & Neighborhood
The property is located at Nagoyashi Shouwaku Kawana Honchou 6 Choume 25-3 (名古屋市昭和区川名本町6丁目25-3), Aichi, Japan. It is a 3-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 30 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 53 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.
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