Overview of Esupoa Inazawa (エスポア稲沢)
Esupoa Inazawa (エスポア稲沢) is a 42-year-old condominium located at Inazawa Shi Ekimae 4 Choume 9-5 (稲沢市駅前4丁目9-5), Aichi, Japan. Built in 1984, it comprises 49 units in a Reinforced Concrete (RC) structure. It was constructed by Arai Kumi (新井組).
Pricing & Floor Plans
Based on 26 past listings, prices have ranged from 530〜1,480万円 (approx. $35,333–$98,667 USD at ¥150/$).
Unit sizes range from 63.5–95.8 sqm (684–1031 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 4LDK (4-bedroom w/ living-dining-kitchen), 2SLDK (2-bedroom w/ living-dining-kitchen + service room), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥13.2万/sqm (approx. $877/sqm or $81/sqft).
Location & Neighborhood
The property is located at Inazawa Shi Ekimae 4 Choume 9-5 (稲沢市駅前4丁目9-5), Aichi, Japan. It is a 9-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 42 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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