Overview of 6 Banchou Shiteihausu (６番町シティハウス)
6 Banchou Shiteihausu (６番町シティハウス) is a 25-year-old condominium located at Nagoyashi Nakagawa Ku Juuichi Banchou 2 Choume 1 (名古屋市中川区十一番町2丁目1), Aichi, Japan. Built in 2001, it comprises 42 units in a Steel Reinforced Concrete (SRC) structure. It was constructed by Sumitomofudousan (住友不動産).
Pricing & Floor Plans
Based on 19 past listings, prices have ranged from 1,850〜3,390万円 (approx. $123,333–$226,000 USD at ¥150/$).
Unit sizes range from 75.1–87.4 sqm (808–941 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 3LDK (3-bedroom w/ living-dining-kitchen), 4LDK (4-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥37.3万/sqm (approx. $2,485/sqm or $231/sqft).
Location & Neighborhood
The property is located at Nagoyashi Nakagawa Ku Juuichi Banchou 2 Choume 1 (名古屋市中川区十一番町2丁目1), Aichi, Japan. It is a 8-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 25 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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