Overview of Gureisu Moriyama (グレイス守山)
Gureisu Moriyama (グレイス守山) is a 27-year-old condominium located at Nagoyashi Moriyamaku Dai Maki Machi 3-22 (名古屋市守山区大牧町3-22), Aichi, Japan. Built in 1999, it comprises 28 units in a Steel Reinforced Concrete (SRC) structure. It was constructed by Yahagi Kensetsu Kougyou (矢作建設工業).
Pricing & Floor Plans
Based on 11 past listings, prices have ranged from 1,490〜2,380万円 (approx. $99,333–$158,667 USD at ¥150/$).
Unit sizes range from 69.6–109.7 sqm (749–1181 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 4LDK (4-bedroom w/ living-dining-kitchen), 3SLDK (3-bedroom w/ living-dining-kitchen + service room), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥26.1万/sqm (approx. $1,737/sqm or $161/sqft).
Location & Neighborhood
The property is located at Nagoyashi Moriyamaku Dai Maki Machi 3-22 (名古屋市守山区大牧町3-22), Aichi, Japan. It is a 11-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 27 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.
Analyze this property's fair price and negotiation room for free at RE:public.