Igu-Gun Home average value

Price 12,956,000 JPY
  (76,385 JPY/sq.m)
- Age 24.8 years old
- Dist. from Sta. 55.5 min walk
- Property area 754.0 sq.m
- Total floor area 253.5 sq.m

The average price of a sq.m Home of Miyagi Igu-Gun, in 2017 was 44,444 JPY/sq.m. The market value represents an increase of 31,111 JPY (+233.3%) compared to 1 year ago and a transition to a dramatic market. 1 properties exchanged hands ( The market value represents a decrease of 1 (-50.0%) compared to 1 year ago and a transition to a dramatic market.).

The average age of the real estate was 48.5 years old (a +11.8% increase compared to the 43.4 years old of last year.). The average size of the real estate was 290.0 sq.m (a -81.9% decrease compared to the 1600.0 sq.m of last year.). The average total floor space of the real estate was 135.0 sq.m (a -87.4% decrease compared to the 1075.0 sq.m of last year.).

One distinguishing feature of recent real-estate transactions was a dramatic increase in transactions involving older buildings over 40 years old.

Causes of price decreases

  • An increase in average age of the building (representing 43.4 years old in 2016 and 48.5 years old in 2017; +11.8%)
  • A dramatic increase in average distance from the station (representing 22.0 min in 2016 and 30.0 min in 2017; +36.4%)
  • A dramatic increase in transactions involving older buildings over 40 years old (representing 50.0% of total transactions in 2016 and 100.0% of total transactions in 2017)
Data regarding the market value and its changes of Home in Igu-Gun were calculated using data on the sales of 40 properties provided by the MLIT Japan.

Igu-Gun Home market value list

AreaAverage Trading PriceAverage Unit Price
Marumori-Machi12,956,000 JPY76,385 JPY/sq.m

Home value Age transition

Market values (unit price: sq.m, m2) in terms of Age, is as follow.

The orange line means market values (unit price: sq.m) for Home in terms of Age. The orange line changes on the basis of distance from the train station and area of the property (* For example , if the distance from the station is far, the lower the unit price.).

The dots means trading data. When you mouseover or touch the dot, details of the trading data is displayed. You can color (classify) the dots on the basis of the property area, distance from the stations, or the property price, etc.

(* You can scroll and zoom with pinch in the mobile environment.)
(* When you double-click, the value of Age is updated.)
AgeTrading PriceProportion
Price at New174,464 JPY/sq.m100 %
Residual Value (10 Years)98,429 JPY/sq.m56 %
Residual Value (20 Years)44,527 JPY/sq.m26 %
Residual Value (20 Years)12,757 JPY/sq.m7 %
Color:
Unit:   Touch:
Property Details:
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- Trading date: {{infoObj.trade_date|date:'MMMM, yyyy'}}

When you change the slider, the unit price will change.
Age of a building Property area Total floor area Distance from the station




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Calculate Igu-Gun Home market value

We can calculate market values for Home based on their age, area, and distance from a train station.

Age
years old
Area
sq.m
Total floor space
sq.m
Distance from the station
min walk

Market values for Miyagi Igu-Gun Home that meet the above conditions were calculated in the following manner.

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({{unit_price|number:0}} JPY/sq.m)

The assumed transaction price, not including agency commissions, taxes, etc.

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Trading Data

Past Home sales data, with similarly entered ages, area, and distances from station are as follows.

Related sales({{similarlist.length}})

1. Miyagi Igu-Gun Marumori-MachiIgu-Gun Marumori 28.0 min walk)
20.7 years old , Area: 680 sq.m , Total floor area: 530 sq.m , Structure: 軽量鉄骨造
- Trading date: 2009-09-01T00:00:00Z
Trading price:   13,000,000 JPY,    Unit price:   24,528 JPY/sq.m
2. Miyagi Igu-Gun Marumori-MachiIgu-Gun Marumori 30.0 min walk)
22.9 years old , Area: 440 sq.m , Total floor area: 150 sq.m , Structure: 鉄骨造
- Trading date: 2011-12-01T00:00:00Z
Trading price:   11,000,000 JPY,    Unit price:   73,333 JPY/sq.m
3. Miyagi Igu-Gun Marumori-Machi 金山Igu-Gun Marumori 30.0 min walk)
17.8 years old , Area: 2000 sq.m , Total floor area: 250 sq.m , Structure: 木造
- Trading date: 2009-12-01T00:00:00Z
Trading price:   7,800,000 JPY,    Unit price:   31,200 JPY/sq.m
4. Miyagi Igu-Gun Marumori-Machi 耕野Igu-Gun Abukuma 30.0 min walk)
25.5 years old , Area: 220 sq.m , Total floor area: 45 sq.m , Structure: 木造
- Trading date: 2009-09-01T00:00:00Z
Trading price:   1,100,000 JPY,    Unit price:   24,444 JPY/sq.m
5. Miyagi Igu-Gun Marumori-MachiIgu-Gun Marumori 30.0 min walk)
14.5 years old , Area: 960 sq.m , Total floor area: 140 sq.m , Structure: 木造
- Trading date: 2013-09-01T00:00:00Z
Trading price:   35,000,000 JPY,    Unit price:   250,000 JPY/sq.m
6. Miyagi Igu-Gun Marumori-MachiIgu-Gun Marumori 30.0 min walk)
30.5 years old , Area: 460 sq.m , Total floor area: 50 sq.m , Structure: 木造
- Trading date: 2006-09-01T00:00:00Z
Trading price:   3,500,000 JPY,    Unit price:   70,000 JPY/sq.m
7. Miyagi Igu-Gun Marumori-MachiIgu-Gun Marumori 29.0 min walk)
31.3 years old , Area: 500 sq.m , Total floor area: 50 sq.m , Structure: 木造
- Trading date: 2008-06-01T00:00:00Z
Trading price:   8,000,000 JPY,    Unit price:   160,000 JPY/sq.m
8. Miyagi Igu-Gun Marumori-MachiIgu-Gun Marumori 30.0 min walk)
31.5 years old , Area: 430 sq.m , Total floor area: 150 sq.m , Structure: 木造
- Trading date: 2007-09-01T00:00:00Z
Trading price:   6,000,000 JPY,    Unit price:   40,000 JPY/sq.m
9. Miyagi Igu-Gun Marumori-MachiIgu-Gun Marumori 15.0 min walk)
20.8 years old , Area: 740 sq.m , Total floor area: 280 sq.m , Structure: 木造
- Trading date: 2010-12-01T00:00:00Z
Trading price:   8,200,000 JPY,    Unit price:   29,285 JPY/sq.m
10. Miyagi Igu-Gun Marumori-Machi 舘矢間木沼Igu-Gun Kitamarumori 23.0 min walk)
8.5 years old , Area: 490 sq.m , Total floor area: 75 sq.m , Structure: 木造
- Trading date: 2011-09-01T00:00:00Z
Trading price:   5,000,000 JPY,    Unit price:   66,666 JPY/sq.m
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- Trading date: {{item.trade_date|date:'MMMM, yyyy'}}
Trading price:   {{item.price|number:0}} JPY,    Unit price:   {{item.unit_price|number:0}} JPY/sq.m
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Home market value trends

Market value trends for Home are as follows.

Data:
Unit:   Touch:

Breakdown of each segment

One distinguishing feature of recent real-estate transactions was a dramatic increase in transactions involving older buildings over 40 years old.

Causes of price decreases

  • An increase in average age of the building (representing 43.4 years old in 2016 and 48.5 years old in 2017; +11.8%)
  • A dramatic increase in average distance from the station (representing 22.0 min in 2016 and 30.0 min in 2017; +36.4%)
  • A dramatic increase in transactions involving older buildings over 40 years old (representing 50.0% of total transactions in 2016 and 100.0% of total transactions in 2017)
The table below shows Home dealt in Miyagi Igu-Gun, in age, distance from station, and area segments. For example, we can see market trends, such as which transactions have increased more in recent years, those for newer properties, or older ones.

Segment:

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    Area close to the price in Igu-Gun

    The closest areas in terms of Home price ranges to this area are ones like the following that are along a railway line and have a station.

    Area / Station Median
    Price
    JPY
    Unit price
    JPY/sq.m
    Age
    Years old
    Distance
    min walk
    Area
    Osato-Cho 中村 (10) [Area]15,500,00067,40719.5 yrs75 min1,045 sq.m
    Shichigahama-Machi 松ケ浜 (7) [Area]12,000,000100,00022.8 yrs60 min560 sq.m
    Kami-Machi 下多田川 (6) [Area]8,150,00052,21717.6 yrs75 min985 sq.m
    Wakabayashi-Ku 卸町東 (28) [Area]78,500,000106,66626.1 yrs60 min990 sq.m
    JR Senzan line Kumagane (4) [Stations]31,000,00074,16628.9 yrs75 min565 sq.m
    JR Tohoku Main Line Atago (28) [Stations]15,500,00073,41819.5 yrs45 min565 sq.m
    JR Tohoku Main Line Ishikoshi (117) [Stations]6,500,00069,56523.3 yrs60 min340 sq.m
    Abukuma Express Line Yokokura (13) [Stations]8,500,00067,82613.0 yrs24 min380 sq.m
    JR Senzan line Rikuzennshirasawa (20) [Stations]10,500,00086,08617.1 yrs45 min420 sq.m
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