Overview of Oosone Shiteihausu (大曽根シティハウス)
Oosone Shiteihausu (大曽根シティハウス) is a 27-year-old condominium located at Nagoyashi Kitaku Oosone 4 Choume 19-24 (名古屋市北区大曽根4丁目19-24), Aichi, Japan. Built in 1999, it comprises 28 units in a Steel Reinforced Concrete (SRC) structure. It was constructed by Tobishima Kensetsu (飛島建設).
Pricing & Floor Plans
Based on 21 past listings, prices have ranged from 2,090〜3,890万円 (approx. $139,333–$259,333 USD at ¥150/$).
Unit sizes range from 76.4–90.1 sqm (822–970 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 3LDK (3-bedroom w/ living-dining-kitchen), 4LDK (4-bedroom w/ living-dining-kitchen).
Location & Neighborhood
The property is located at Nagoyashi Kitaku Oosone 4 Choume 19-24 (名古屋市北区大曽根4丁目19-24), Aichi, Japan. It is a 4-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 27 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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