Overview of Daiashitei 2 0 0 0 Moniwa C 3 Rijji (ダイアシティ２０００茂庭Ｃ３リッヂ)
Daiashitei 2 0 0 0 Moniwa C 3 Rijji (ダイアシティ２０００茂庭Ｃ３リッヂ) is a 31-year-old condominium located at Sendaishi Taihakuku Moniwa Dai 4 Choume 3-2 (仙台市太白区茂庭台4丁目3-2), Miyagi, Japan. Built in 1995, it comprises 127 units in a Reinforced Concrete (RC) structure. It was constructed by Nishimatsu Kensetsu , Mitsuikensetsu (西松建設、 三井建設).
Pricing & Floor Plans
Price range: 情報なし.
Estimated price per sqm: ¥8.1万/sqm (approx. $540/sqm or $50/sqft).
Location & Neighborhood
The property is located at Sendaishi Taihakuku Moniwa Dai 4 Choume 3-2 (仙台市太白区茂庭台4丁目3-2), Miyagi, Japan. It is a 4-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.
Scale advantage: With 127 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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