Overview of Raionzumanshon Tanashi (ライオンズマンション田無)
Raionzumanshon Tanashi (ライオンズマンション田無) is a 44-year-old condominium located at Nishitoukyou Shi Shiba Kubo Machi 2 Choume 4-5 (西東京市芝久保町2丁目4-5), Tokyo, Japan. Built in 1982, it comprises 28 units in a Reinforced Concrete (RC) structure. It was constructed by Yamada Kensetsu (山田建設).
Pricing & Floor Plans
Based on 18 past listings, prices have ranged from 960〜2,399万円 (approx. $64,000–$159,933 USD at ¥150/$).
Unit sizes range from 38.9–60.8 sqm (419–654 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 1LDK (1-bedroom w/ living-dining-kitchen), 3DK (3-bedroom w/ dining-kitchen), 2LDK (2-bedroom w/ living-dining-kitchen), 2DK (2-bedroom w/ dining-kitchen).
Estimated price per sqm: ¥46.3万/sqm (approx. $3,085/sqm or $287/sqft).
Location & Neighborhood
The property is located at Nishitoukyou Shi Shiba Kubo Machi 2 Choume 4-5 (西東京市芝久保町2丁目4-5), Tokyo, Japan. It is a 13-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 44 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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