Overview of Gurandomezon Chigusa Kahou (グランドメゾン千種下方)
Gurandomezon Chigusa Kahou (グランドメゾン千種下方) is a 27-year-old condominium located at Nagoyashi Chikusaku Kahou Machi 4 Choume 57 (名古屋市千種区下方町4丁目57), Aichi, Japan. Built in 1999, it comprises 15 units in a Reinforced Concrete (RC) structure. It was constructed by Fukuda Kumi (福田組).
Pricing & Floor Plans
Price range: 情報なし.
Estimated price per sqm: ¥33.4万/sqm (approx. $2,225/sqm or $207/sqft).
Location & Neighborhood
The property is located at Nagoyashi Chikusaku Kahou Machi 4 Choume 57 (名古屋市千種区下方町4丁目57), Aichi, Japan. It is a 21-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.