Overview of Nabihaitsu Ichinomiya Sakae (ナビハイツ一宮栄)
Nabihaitsu Ichinomiya Sakae (ナビハイツ一宮栄) is a 35-year-old condominium located at Ichinomiya Shi Sakae 1 Choume 3-7 (一宮市栄1丁目3-7), Aichi, Japan. Built in 1991, it comprises 28 units in a Steel Reinforced Concrete (SRC) structure. It was constructed by Nakano Kensetsu (中野建設).
Pricing & Floor Plans
Based on 31 past listings, prices have ranged from 680〜2,299万円 (approx. $45,333–$153,267 USD at ¥150/$).
Unit sizes range from 59.3–74.8 sqm (638–805 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 1SLDK (1-bedroom w/ living-dining-kitchen + service room), 2SLDK (2-bedroom w/ living-dining-kitchen + service room), 3LDK (3-bedroom w/ living-dining-kitchen), 2SDK (2-bedroom w/ dining-kitchen + service room), 2LDK (2-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥20.9万/sqm (approx. $1,395/sqm or $130/sqft).
Location & Neighborhood
The property is located at Ichinomiya Shi Sakae 1 Choume 3-7 (一宮市栄1丁目3-7), Aichi, Japan. It is a 6-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 35 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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