Overview of Kosumo Urawa Harayama (コスモ浦和原山)
Kosumo Urawa Harayama (コスモ浦和原山) is a 39-year-old condominium located at Saitama Shi Midoriku Harayama 4 Choume 3-17 (さいたま市緑区原山4丁目3-17), Saitama, Japan. Built in 1987, it comprises 29 units in a Reinforced Concrete (RC) structure. It was constructed by Tatsumura Kumi (辰村組).
Pricing & Floor Plans
Price range: 情報なし.
Estimated price per sqm: ¥35.2万/sqm (approx. $2,345/sqm or $218/sqft).
Location & Neighborhood
The property is located at Saitama Shi Midoriku Harayama 4 Choume 3-17 (さいたま市緑区原山4丁目3-17), Saitama, Japan. It is a 32-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 39 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.
Analyze this property's fair price and negotiation room for free at RE:public.