Overview of Ekuserensu Toyoake 1 (エクセレンス豊明１)
Ekuserensu Toyoake 1 (エクセレンス豊明１) is a 33-year-old condominium located at Toyoake Shi Zengo Machi Sennin Tsuka 1756-4 (豊明市前後町仙人塚1756-4), Aichi, Japan. Built in 1993, it comprises 25 units in a Reinforced Concrete (RC) structure. It was constructed by Kamiya Kensetsu , Goyoukensetsu (神谷建設、 五洋建設).
Pricing & Floor Plans
Based on 5 past listings, prices have ranged from 970〜1,200万円 (approx. $64,667–$80,000 USD at ¥150/$).
Unit sizes range from 58.6–67.2 sqm (631–723 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 3LDK (3-bedroom w/ living-dining-kitchen).
Location & Neighborhood
The property is located at Toyoake Shi Zengo Machi Sennin Tsuka 1756-4 (豊明市前後町仙人塚1756-4), Aichi, Japan. It is a 5-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 33 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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