Overview of Yuuhausu Daigo Kariya (ユーハウス第５刈谷)
Yuuhausu Daigo Kariya (ユーハウス第５刈谷) is a 24-year-old condominium located at Kariyashi Shin'ei Machi 7 Choume 42-1 (刈谷市新栄町7丁目42-1), Aichi, Japan. Built in 2002, it comprises 65 units in a Steel Reinforced Concrete (SRC) structure. It was constructed by Daihoukensetsu (大豊建設).
Pricing & Floor Plans
Based on 36 past listings, prices have ranged from 1,980〜2,990万円 (approx. $132,000–$199,333 USD at ¥150/$).
Unit sizes range from 71.4–83.3 sqm (769–897 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).
Estimated price per sqm: ¥30.6万/sqm (approx. $2,038/sqm or $189/sqft).
Location & Neighborhood
The property is located at Kariyashi Shin'ei Machi 7 Choume 42-1 (刈谷市新栄町7丁目42-1), Aichi, Japan. It is a 5-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 24 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 65 units, this is a relatively large condominium. Larger buildings typically benefit from lower per-unit maintenance and repair reserve costs.
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.