Overview of Shanbooru Obata (シャンボール小幡)
Shanbooru Obata (シャンボール小幡) is a 45-year-old condominium located at Nagoyashi Moriyamaku Chuushin 10-8 (名古屋市守山区中新10-8), Aichi, Japan. Built in 1981, it comprises 18 units in a Steel Reinforced Concrete (SRC) structure. It was constructed by Dai Matsu , Kanematsu (大末、 兼松).
Pricing & Floor Plans
Based on 9 past listings, prices have ranged from 650〜1,500万円 (approx. $43,333–$100,000 USD at ¥150/$).
Unit sizes range from 64.1–73.3 sqm (690–789 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 4DK (4-bedroom w/ dining-kitchen), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥18.9万/sqm (approx. $1,263/sqm or $117/sqft).
Location & Neighborhood
The property is located at Nagoyashi Moriyamaku Chuushin 10-8 (名古屋市守山区中新10-8), Aichi, Japan. It is a 6-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 45 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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