Overview of Kosumo Urawa Nishi (コスモ浦和西)
Kosumo Urawa Nishi (コスモ浦和西) is a 37-year-old condominium located at Saitama Shi Sakura Ku Nishibori 9 Choume 20-10 (さいたま市桜区西堀9丁目20-10), Saitama, Japan. Built in 1989, it comprises 46 units in a Reinforced Concrete (RC) structure. It was constructed by Mitsuikensetsu (三井建設).
Pricing & Floor Plans
Based on 34 past listings, prices have ranged from 980〜3,680万円 (approx. $65,333–$245,333 USD at ¥150/$).
Unit sizes range from 50.7–87.3 sqm (546–940 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 2SLDK (2-bedroom w/ living-dining-kitchen + service room), 2DK (2-bedroom w/ dining-kitchen), 3LDK (3-bedroom w/ living-dining-kitchen), 4LDK (4-bedroom w/ living-dining-kitchen), 2LDK (2-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥40.4万/sqm (approx. $2,695/sqm or $250/sqft).
Location & Neighborhood
The property is located at Saitama Shi Sakura Ku Nishibori 9 Choume 20-10 (さいたま市桜区西堀9丁目20-10), Saitama, Japan. It is a 8-minute walk to the nearest station. This is considered good station access by Japanese standards.
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 37 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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