Overview of Oomachi Danchi 1 7 Tou (大町団地１７棟)
Oomachi Danchi 1 7 Tou (大町団地１７棟) is a 47-year-old condominium located at Fukuokashi Nishiku Oomachi Danchi 17 (福岡市西区大町団地17), Fukuoka, Japan. Built in 1979, it comprises 30 units in a Reinforced Concrete (RC) structure. It was constructed by Fukuokashi Juutaku Kyoukyuu Kousha (福岡市住宅供給公社).
Pricing & Floor Plans
Based on 4 past listings, prices have ranged from 980〜1,180万円 (approx. $65,333–$78,667 USD at ¥150/$).
Unit sizes range from 87.7–87.7 sqm (944–944 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 3SLDK (3-bedroom w/ living-dining-kitchen + service room), 4LDK (4-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥13.4万/sqm (approx. $893/sqm or $83/sqft).
Location & Neighborhood
The property is located at Fukuokashi Nishiku Oomachi Danchi 17 (福岡市西区大町団地17), Fukuoka, Japan. It is a 15-minute walk to the nearest station. In Japan, station proximity significantly affects property values and daily convenience.
Investment Perspective
Seismic standards: Built in 1979, this property predates Japan's 1981 New Seismic Design Standards (新耐震基準). Buildings constructed before June 1981 were built to older earthquake resistance codes. Buyers should consider seismic retrofit status.
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 47 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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