Overview of Mezon・do・torajie (メゾン・ド・トラジェ)
Mezon・do・torajie (メゾン・ド・トラジェ) is a 35-year-old condominium located at Sendaishi Miyaginoku Nitta 4 Choume 23-50 (仙台市宮城野区新田4丁目23-50), Miyagi, Japan. Built in 1991, it comprises 50 units in a Reinforced Concrete (RC) structure. It was constructed by Matsui Kensetsu (松井建設).
Pricing & Floor Plans
Based on 22 past listings, prices have ranged from 168〜380万円 (approx. $11,200–$25,333 USD at ¥150/$).
Unit sizes range from 15.7–18.1 sqm (169–195 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 1K (1-bedroom w/ kitchen), 1R (Studio).
Estimated price per sqm: ¥13.8万/sqm (approx. $922/sqm or $86/sqft).
Location & Neighborhood
The property is located at Sendaishi Miyaginoku Nitta 4 Choume 23-50 (仙台市宮城野区新田4丁目23-50), Miyagi, Japan. It is a 9-minute walk to the nearest station. This is considered good station access by Japanese standards.
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 35 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 50 units, this is a relatively large condominium. Larger buildings typically benefit from lower per-unit maintenance and repair reserve costs.
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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