Overview of Raionzumanshon Hara Daisan (ライオンズマンション原第３)
Raionzumanshon Hara Daisan (ライオンズマンション原第３) is a 32-year-old condominium located at Nagoyashi Tenhakuku Hara 4 Choume 1002 (名古屋市天白区原4丁目1002), Aichi, Japan. Built in 1994, it comprises 18 units in a Reinforced Concrete (RC) structure. It was constructed by Nippon Kensetsu (日本建設).
Pricing & Floor Plans
Based on 17 past listings, prices have ranged from 1,180〜2,280万円 (approx. $78,667–$152,000 USD at ¥150/$).
Unit sizes range from 64.1–78.9 sqm (690–849 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 1LDK (1-bedroom w/ living-dining-kitchen), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥21.3万/sqm (approx. $1,419/sqm or $132/sqft).
Location & Neighborhood
The property is located at Nagoyashi Tenhakuku Hara 4 Choume 1002 (名古屋市天白区原4丁目1002), 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 32 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.
Analyze this property's fair price and negotiation room for free at RE:public.