Overview of Esutofoore Wagou (エストフォーレ和合)
Esutofoore Wagou (エストフォーレ和合) is a 28-year-old condominium located at Aichi Gun Tougou Machi Wagou Higashi Ka Tani 57-2 (愛知郡東郷町和合東蚊谷57-2), Aichi, Japan. Built in 1998, it comprises 19 units in a Reinforced Concrete (RC) structure. It was constructed by Mugishima Kensetsu (麦島建設).
Pricing & Floor Plans
Based on 15 past listings, prices have ranged from 1,080〜2,480万円 (approx. $72,000–$165,333 USD at ¥150/$).
Unit sizes range from 77.9–94.3 sqm (839–1015 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: ¥27.9万/sqm (approx. $1,857/sqm or $172/sqft).
Location & Neighborhood
The property is located at Aichi Gun Tougou Machi Wagou Higashi Ka Tani 57-2 (愛知郡東郷町和合東蚊谷57-2), Aichi, Japan. It is a 37-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 28 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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