Overview of Gurandomezon Bisai Kouen (グランドメゾン尾西公園)
Gurandomezon Bisai Kouen (グランドメゾン尾西公園) is a 31-year-old condominium located at Ichinomiya Ichizou Jou 12-3 (一宮市三条12-3), Aichi, Japan. Built in 1995, it comprises 61 units in a Steel Reinforced Concrete (SRC) structure. It was constructed by Takenakakoumuten (竹中工務店).
Pricing & Floor Plans
Based on 17 past listings, prices have ranged from 880〜1,580万円 (approx. $58,667–$105,333 USD at ¥150/$).
Unit sizes range from 59.4–86.5 sqm (639–931 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 4LDK (4-bedroom w/ living-dining-kitchen), 3DK (3-bedroom w/ dining-kitchen), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥19.0万/sqm (approx. $1,264/sqm or $117/sqft).
Location & Neighborhood
The property is located at Ichinomiya Ichizou Jou 12-3 (一宮市三条12-3), Aichi, Japan. It is a 25-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 31 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 61 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.
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