Overview of Banbeeru Tsutsuji Ke Oka (バンベールつつじヶ丘)
Banbeeru Tsutsuji Ke Oka (バンベールつつじヶ丘) is a 31-year-old condominium located at Toyohashishi Tsutsujiga Oka 1 Choume 1-2 (豊橋市つつじが丘1丁目1-2), Aichi, Japan. Built in 1995, it comprises 31 units in a Reinforced Concrete (RC) structure. It was constructed by Yahagi Kensetsu Kougyou (矢作建設工業).
Pricing & Floor Plans
Based on 12 past listings, prices have ranged from 950〜1,598万円 (approx. $63,333–$106,533 USD at ¥150/$).
Unit sizes range from 68.0–76.2 sqm (732–820 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 4LDK (4-bedroom w/ living-dining-kitchen), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥14.2万/sqm (approx. $945/sqm or $88/sqft).
Location & Neighborhood
The property is located at Toyohashishi Tsutsujiga Oka 1 Choume 1-2 (豊橋市つつじが丘1丁目1-2), Aichi, Japan. It is a 12-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 31 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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