Overview of Ruminasutsuinzu Komaki Kitakan (ルミナスツインズ小牧北館)
Ruminasutsuinzu Komaki Kitakan (ルミナスツインズ小牧北館) is a 24-year-old condominium located at Komaki Shi Komaki 3 Choume 560 (小牧市小牧3丁目560), Aichi, Japan. Built in 2002, it comprises 42 units in a Steel Reinforced Concrete (SRC) structure. It was constructed by Bunjou : Aichiken Juutaku Kyoukyuu Kousha (分譲：愛知県住宅供給公社).
Pricing & Floor Plans
Based on 19 past listings, prices have ranged from 1,580〜2,180万円 (approx. $105,333–$145,333 USD at ¥150/$).
Unit sizes range from 71.6–97.2 sqm (771–1046 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: ¥24.6万/sqm (approx. $1,638/sqm or $152/sqft).
Location & Neighborhood
The property is located at Komaki Shi Komaki 3 Choume 560 (小牧市小牧3丁目560), 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.
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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