Overview of Yuniiburu Nisshin No Oka (ユニーブル日進の丘)
Yuniiburu Nisshin No Oka (ユニーブル日進の丘) is a 26-year-old condominium located at Nisshin Shi Iwasaki Dai 1 Choume 601 (日進市岩崎台1丁目601), Aichi, Japan. Built in 2000, it comprises 42 units in a Reinforced Concrete (RC) structure. It was constructed by Kondou Kumi (近藤組).
Pricing & Floor Plans
Based on 7 past listings, prices have ranged from 1,980〜2,380万円 (approx. $132,000–$158,667 USD at ¥150/$).
Unit sizes range from 82.5–102.7 sqm (888–1105 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 4LDK (4-bedroom w/ living-dining-kitchen), 3LDK (3-bedroom w/ living-dining-kitchen).
Location & Neighborhood
The property is located at Nisshin Shi Iwasaki Dai 1 Choume 601 (日進市岩崎台1丁目601), Aichi, Japan. It is a 59-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 26 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.