Overview of Roorerusukuea Kizugawa Dai Daini Ki 1 4 Ban Kan (ローレルスクエア木津川台第２期１４番館)
Roorerusukuea Kizugawa Dai Daini Ki 1 4 Ban Kan (ローレルスクエア木津川台第２期１４番館) is a 27-year-old condominium located at Kizugawa Ichiki Tsugawa Dai 6 Choume 2-2 (木津川市木津川台6丁目2-2), Kyoto, Japan. Built in 1999, it comprises 40 units in a Steel Reinforced Concrete (SRC) structure. It was constructed by Dainippon Doboku , Kashima Kensetsu (大日本土木、 鹿島建設).
Pricing & Floor Plans
Price range: 情報なし.
Estimated price per sqm: ¥18.6万/sqm (approx. $1,241/sqm or $115/sqft).
Location & Neighborhood
The property is located at Kizugawa Ichiki Tsugawa Dai 6 Choume 2-2 (木津川市木津川台6丁目2-2), Kyoto, Japan. It is a 16-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 27 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.