Overview of Yuuhausu Oobu Kitakan (ユーハウス大府北館)
Yuuhausu Oobu Kitakan (ユーハウス大府北館) is a 29-year-old condominium located at Oobu Shidai Higashichou 1 Choume 4 (大府市大東町1丁目4), Aichi, Japan. Built in 1997, it comprises 70 units in a Steel Reinforced Concrete (SRC) structure. It was constructed by Daihoukensetsu (大豊建設).
Pricing & Floor Plans
Based on 15 past listings, prices have ranged from 1,600〜2,890万円 (approx. $106,667–$192,667 USD at ¥150/$).
Unit sizes range from 71.1–89.2 sqm (765–960 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 3LDK (3-bedroom w/ living-dining-kitchen), 4LDK (4-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥28.1万/sqm (approx. $1,871/sqm or $174/sqft).
Location & Neighborhood
The property is located at Oobu Shidai Higashichou 1 Choume 4 (大府市大東町1丁目4), Aichi, Japan. It is a 9-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 29 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 70 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.
Analyze this property's fair price and negotiation room for free at RE:public.