Overview of Moagureesu Komaki Ekimae (モアグレース小牧駅前)
Moagureesu Komaki Ekimae (モアグレース小牧駅前) is a 25-year-old condominium located at Komaki Shichuu Ou 1 Choume 262 (小牧市中央1丁目262), Aichi, Japan. Built in 2001, it comprises 30 units in a Steel Reinforced Concrete (SRC) structure. It was constructed by Matsui Kensetsu (松井建設).
Pricing & Floor Plans
Based on 12 past listings, prices have ranged from 1,450〜2,590万円 (approx. $96,667–$172,667 USD at ¥150/$).
Unit sizes range from 70.2–86.1 sqm (756–927 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 4LDK (4-bedroom w/ living-dining-kitchen), 2LDK (2-bedroom w/ living-dining-kitchen), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥26.6万/sqm (approx. $1,776/sqm or $165/sqft).
Location & Neighborhood
The property is located at Komaki Shichuu Ou 1 Choume 262 (小牧市中央1丁目262), Aichi, Japan. It is a 1-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 25 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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