Overview of Rejidensu Kou (レジデンス国府)
Rejidensu Kou (レジデンス国府) is a 44-year-old condominium located at Toyokawa Shi Kou Machi Shita Bou Nyuu 26-7 (豊川市国府町下坊入26-7), Aichi, Japan. Built in 1982, it comprises 16 units in a Reinforced Concrete (RC) structure. It was constructed by Ikeda Kensetsu (池田建設).
Pricing & Floor Plans
Based on 24 past listings, prices have ranged from 400〜800万円 (approx. $26,667–$53,333 USD at ¥150/$).
Unit sizes range from 68.2–73.0 sqm (734–786 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 4DK (4-bedroom w/ dining-kitchen), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥8.0万/sqm (approx. $533/sqm or $49/sqft).
Location & Neighborhood
The property is located at Toyokawa Shi Kou Machi Shita Bou Nyuu 26-7 (豊川市国府町下坊入26-7), Aichi, Japan. It is a 11-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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