Overview of Raionzumanshon Kitayama Toori (ライオンズマンション北山通)
Raionzumanshon Kitayama Toori (ライオンズマンション北山通) is a 31-year-old condominium located at Kyoutoshi Kitaku Shichiku Seinan Machi 70 (京都市北区紫竹西南町70), Kyoto, Japan. Built in 1995, it comprises 37 units in a Reinforced Concrete (RC) structure. It was constructed by Muranaka Kensetsu , Kanewa Koumuten (村中建設、 かねわ工務店).
Pricing & Floor Plans
Based on 26 past listings, prices have ranged from 1,880〜3,180万円 (approx. $125,333–$212,000 USD at ¥150/$).
Unit sizes range from 58.5–67.5 sqm (630–727 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 2SLDK (2-bedroom w/ living-dining-kitchen + service room), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥47.4万/sqm (approx. $3,158/sqm or $293/sqft).
Location & Neighborhood
The property is located at Kyoutoshi Kitaku Shichiku Seinan Machi 70 (京都市北区紫竹西南町70), Kyoto, Japan. It is a 18-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 31 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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