Overview of Kooporasu Hirosaki (コーポラス弘前)
Kooporasu Hirosaki (コーポラス弘前) is a 42-year-old condominium located at Hirosakishi Okachimachi 9-1 (弘前市徒町9-1), Aomori, Japan. Built in 1984, it comprises 4 units in a Steel Reinforced Concrete (SRC) structure.
Pricing & Floor Plans
Price range: 情報なし.
Estimated price per sqm: ¥6.9万/sqm (approx. $462/sqm or $43/sqft).
Location & Neighborhood
The property is located at Hirosakishi Okachimachi 9-1 (弘前市徒町9-1), Aomori, Japan. It is a 14-minute walk to the nearest station. In Japan, station proximity significantly affects property values and daily convenience.
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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