Overview of Gurankooto Inba Ekimaedoori (グランコート印場駅前通り)
Gurankooto Inba Ekimaedoori (グランコート印場駅前通り) is a 27-year-old condominium located at Owariasahi Shi Inba Motomachi 4 Choume 1-7 (尾張旭市印場元町4丁目1-7), Aichi, Japan. Built in 1999, it comprises 47 units in a Reinforced Concrete (RC) structure. It was constructed by Magara Kensetsu (真柄建設).
Pricing & Floor Plans
Based on 39 past listings, prices have ranged from 1,480〜2,580万円 (approx. $98,667–$172,000 USD at ¥150/$).
Unit sizes range from 67.4–74.2 sqm (725–799 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 2LDK (2-bedroom w/ living-dining-kitchen), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥30.3万/sqm (approx. $2,023/sqm or $188/sqft).
Location & Neighborhood
The property is located at Owariasahi Shi Inba Motomachi 4 Choume 1-7 (尾張旭市印場元町4丁目1-7), Aichi, Japan. It is a 3-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 27 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.
Analyze this property's fair price and negotiation room for free at RE:public.