Overview of Paakuhoomuzu Tenpaku Chuuhei Guranshieru (パークホームズ天白中平グランシェル)
Paakuhoomuzu Tenpaku Chuuhei Guranshieru (パークホームズ天白中平グランシェル) is a 25-year-old condominium located at Nagoyashi Tenhakuku Chuuhei 2 Choume 503 (名古屋市天白区中平2丁目503), Aichi, Japan. Built in 2001, it comprises 39 units in a Reinforced Concrete (RC) structure. It was constructed by Mitsuikensetsu (三井建設).
Pricing & Floor Plans
Based on 28 past listings, prices have ranged from 1,450〜2,890万円 (approx. $96,667–$192,667 USD at ¥150/$).
Unit sizes range from 73.1–88.2 sqm (787–949 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 4LDK (4-bedroom w/ living-dining-kitchen), 2LDK (2-bedroom w/ living-dining-kitchen), 3SLDK (3-bedroom w/ living-dining-kitchen + service room), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥32.0万/sqm (approx. $2,133/sqm or $198/sqft).
Location & Neighborhood
The property is located at Nagoyashi Tenhakuku Chuuhei 2 Choume 503 (名古屋市天白区中平2丁目503), Aichi, Japan. It is a 19-minute walk to the nearest station. In Japan, station proximity significantly affects property values and daily convenience.
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 25 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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