Overview of Famiiru Inazawa 2 Ban Kan (ファミール稲沢２番館)
Famiiru Inazawa 2 Ban Kan (ファミール稲沢２番館) is a 26-year-old condominium located at Inazawa Shi Ekimae 2 Choume 28-14 (稲沢市駅前2丁目28-14), Aichi, Japan. Built in 2000, it comprises 22 units in a Reinforced Concrete (RC) structure. It was constructed by Nakamura Kensetsu (中村建設).
Pricing & Floor Plans
Based on 14 past listings, prices have ranged from 1,590〜1,950万円 (approx. $106,000–$130,000 USD at ¥150/$).
Unit sizes range from 68.2–85.6 sqm (734–921 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 4LDK (4-bedroom w/ living-dining-kitchen), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥23.4万/sqm (approx. $1,563/sqm or $145/sqft).
Location & Neighborhood
The property is located at Inazawa Shi Ekimae 2 Choume 28-14 (稲沢市駅前2丁目28-14), Aichi, Japan. It is a 4-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 26 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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