Overview of Gureetohiru Miya No Sawa (グレートヒル宮の沢)
Gureetohiru Miya No Sawa (グレートヒル宮の沢) is a 31-year-old condominium located at Sapporoshi Nishiku Miya No Sawa Sanjou 5 Choume 2-1 (札幌市西区宮の沢三条5丁目2-1), Hokkaido, Japan. Built in 1995, it comprises 47 units in a Reinforced Concrete (RC) structure. It was constructed by Oooka Sangyou (大岡産業).
Pricing & Floor Plans
Based on 35 past listings, prices have ranged from 790〜1,695万円 (approx. $52,667–$113,000 USD at ¥150/$).
Unit sizes range from 72.2–85.2 sqm (777–917 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: ¥16.1万/sqm (approx. $1,072/sqm or $100/sqft).
Location & Neighborhood
The property is located at Sapporoshi Nishiku Miya No Sawa Sanjou 5 Choume 2-1 (札幌市西区宮の沢三条5丁目2-1), Hokkaido, Japan. It is a 2-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 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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