Overview of Takara Manshon Odai (宝マンション小田井)
Takara Manshon Odai (宝マンション小田井) is a 27-year-old condominium located at Kiyosu Shi Nishi Biwa Shima Machi Shiro Nami 2 Choume 9-3 (清須市西枇杷島町城並2丁目9-3), Aichi, Japan. Built in 1999, it comprises 76 units in a Reinforced Concrete (RC) structure. It was constructed by Zenidaka Kumi (錢高組).
Pricing & Floor Plans
Based on 16 past listings, prices have ranged from 1,250〜2,190万円 (approx. $83,333–$146,000 USD at ¥150/$).
Unit sizes range from 71.2–84.1 sqm (766–905 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 3SLDK (3-bedroom w/ living-dining-kitchen + service room), 3LDK (3-bedroom w/ living-dining-kitchen).
Location & Neighborhood
The property is located at Kiyosu Shi Nishi Biwa Shima Machi Shiro Nami 2 Choume 9-3 (清須市西枇杷島町城並2丁目9-3), Aichi, Japan. It is a 10-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 27 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 76 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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