Overview of Kuresutokooto Kita 3 1 Jou (クレストコート北３１条)
Kuresutokooto Kita 3 1 Jou (クレストコート北３１条) is a 32-year-old condominium located at Sapporoshikitakukita Sanjuu Ichijou Nishi 6 Choume 3-10 (札幌市北区北三十一条西6丁目3-10), Hokkaido, Japan. Built in 1994, it comprises 34 units in a Steel Reinforced Concrete (SRC) structure. It was constructed by Asanuma Kumi (浅沼組).
Pricing & Floor Plans
Price range: 情報なし.
Estimated price per sqm: ¥33.6万/sqm (approx. $2,237/sqm or $208/sqft).
Location & Neighborhood
The property is located at Sapporoshikitakukita Sanjuu Ichijou Nishi 6 Choume 3-10 (札幌市北区北三十一条西6丁目3-10), Hokkaido, Japan. It is a 5-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 32 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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