Overview of Rabidensu Komaki Kitakan (ラビデンス小牧北館)
Rabidensu Komaki Kitakan (ラビデンス小牧北館) is a 35-year-old condominium located at Komaki Ichiji Juu Hori 675-1 (小牧市二重堀675-1), Aichi, Japan. Built in 1991, it comprises 92 units in a Steel Reinforced Concrete (SRC) structure. It was constructed by Muramatsu Kumi (村松組).
Pricing & Floor Plans
Based on 43 past listings, prices have ranged from 830〜1,480万円 (approx. $55,333–$98,667 USD at ¥150/$).
Unit sizes range from 65.3–85.5 sqm (703–920 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 4LDK (4-bedroom w/ living-dining-kitchen), 2LDK (2-bedroom w/ living-dining-kitchen), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥17.8万/sqm (approx. $1,188/sqm or $110/sqft).
Location & Neighborhood
The property is located at Komaki Ichiji Juu Hori 675-1 (小牧市二重堀675-1), Aichi, Japan. It is a 7-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 35 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 92 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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