Igu-Gun Home average value
Price 13,134,359 JPY
- Age 24.1 years old
- Dist. from Sta. 56.1 min walk
- Property area 765.9 sq.m
- Total floor area 256.5 sq.m
The average price of a sq.m Home of Miyagi Igu-Gun, in 2016 was 13,333 JPY/sq.m. The market value represents a decrease of 41,160 JPY (-75.5%) compared to 1 year ago and a transition to a dramatic market. 2 properties exchanged hands (It was the same as last year.).
The average age of the real estate was 43.4 years old (a -10.6% decrease compared to the 48.5 years old of last year.). The average size of the real estate was 1600.0 sq.m (a +247.8% increase compared to the 460.0 sq.m of last year.). The average total floor space of the real estate was 1075.0 sq.m (a +604.9% increase compared to the 152.5 sq.m of last year.).
One distinguishing feature of recent real-estate transactions was a dramatic decrease in transactions involving older buildings over 40 years old.
Cause of price increases
- An decrease in average age of the building (representing 48.5 years old in 2015 and 43.4 years old in 2016; -10.6%)
- An decrease in average distance from the station (representing 24.5 min in 2015 and 22.0 min in 2016; -10.2%)
- A dramatic decrease in transactions involving older buildings over 40 years old (representing 100.0% of total transactions in 2015 and 50.0% of total transactions in 2016)
Igu-Gun Home market value list
|Area||Average Trading Price||Average Unit Price|
|Marumori-Machi||13,134,359 JPY||77,249 JPY/sq.m|