Overview of Famiiru Inazawa (ファミール稲沢)
Famiiru Inazawa (ファミール稲沢) is a 36-year-old condominium located at Inazawa Shi Ekimae 1 Choume 8-9 (稲沢市駅前1丁目8-9), Aichi, Japan. Built in 1990, it comprises 30 units in a Steel Reinforced Concrete (SRC) structure. It was constructed by Dainippon Doboku (大日本土木).
Pricing & Floor Plans
Based on 11 past listings, prices have ranged from 1,180〜1,790万円 (approx. $78,667–$119,333 USD at ¥150/$).
Unit sizes range from 67.5–85.6 sqm (727–921 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 2LDK (2-bedroom w/ living-dining-kitchen), 3SLDK (3-bedroom w/ living-dining-kitchen + service room), 2SLDK (2-bedroom w/ living-dining-kitchen + service room), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥24.1万/sqm (approx. $1,604/sqm or $149/sqft).
Location & Neighborhood
The property is located at Inazawa Shi Ekimae 1 Choume 8-9 (稲沢市駅前1丁目8-9), Aichi, Japan. It is a 2-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 36 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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