Overview of Toumei Numazu Manshon (東名沼津マンション)
Toumei Numazu Manshon (東名沼津マンション) is a 35-year-old condominium located at Numazushi Ashidaka 319-171 (沼津市足高319-171), Shizuoka, Japan. Built in 1991, it comprises 30 units in a Reinforced Concrete (RC) structure.
Pricing & Floor Plans
Based on 15 past listings, prices have ranged from 175〜780万円 (approx. $11,667–$52,000 USD at ¥150/$).
Unit sizes range from 38.9–64.8 sqm (419–698 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 1DK (1-bedroom w/ dining-kitchen), 3DK (3-bedroom w/ dining-kitchen), 1LDK (1-bedroom w/ living-dining-kitchen), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥9.8万/sqm (approx. $651/sqm or $60/sqft).
Location & Neighborhood
The property is located at Numazushi Ashidaka 319-171 (沼津市足高319-171), Shizuoka, Japan. It is a 47-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 35 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.