Overview of Sezaaru Kita Yama (セザール喜多山)
Sezaaru Kita Yama (セザール喜多山) is a 36-year-old condominium located at Nagoyashi Moriyamaku Nohagi Machi 1-23 (名古屋市守山区野萩町1-23), Aichi, Japan. Built in 1990, it comprises 13 units in a Reinforced Concrete (RC) structure. It was constructed by Toku Kura Kensetsu (徳倉建設).
Pricing & Floor Plans
Based on 25 past listings, prices have ranged from 430〜1,499万円 (approx. $28,667–$99,933 USD at ¥150/$).
Unit sizes range from 34.6–75.2 sqm (372–809 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 1R (Studio), 1DK (1-bedroom w/ dining-kitchen), 2DK (2-bedroom w/ dining-kitchen), 3LDK (3-bedroom w/ living-dining-kitchen), 3DK (3-bedroom w/ dining-kitchen).
Estimated price per sqm: ¥11.2万/sqm (approx. $745/sqm or $69/sqft).
Location & Neighborhood
The property is located at Nagoyashi Moriyamaku Nohagi Machi 1-23 (名古屋市守山区野萩町1-23), Aichi, Japan. It is a 12-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 36 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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