Overview of Raionzugaaden Noda Baigou (ライオンズガーデン野田梅郷)
Raionzugaaden Noda Baigou (ライオンズガーデン野田梅郷) is a 35-year-old condominium located at Nodashi Yamazaki 2361-1 (野田市山崎2361-1), Chiba, Japan. Built in 1991, it comprises 149 units in a Reinforced Concrete (RC) structure. It was constructed by Taisei Purehabu (大成プレハブ).
Pricing & Floor Plans
Based on 81 past listings, prices have ranged from 680〜1,990万円 (approx. $45,333–$132,667 USD at ¥150/$).
Unit sizes range from 65.7–108.5 sqm (707–1168 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 3LDK (3-bedroom w/ living-dining-kitchen), 3SLDK (3-bedroom w/ living-dining-kitchen + service room), 2SLDK (2-bedroom w/ living-dining-kitchen + service room), 4LDK (4-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥11.5万/sqm (approx. $768/sqm or $71/sqft).
Location & Neighborhood
The property is located at Nodashi Yamazaki 2361-1 (野田市山崎2361-1), Chiba, Japan. It is a 15-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 35 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 149 units, this is a relatively large condominium. Larger buildings typically benefit from lower per-unit maintenance and repair reserve costs.
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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