Minamino Home average value

Price 12,128,333 JPY
  (22,526 JPY/sq.m)
- Age 43.7 years old
- Dist. from Sta. 20.2 min walk
- Property area 1301.7 sq.m
- Total floor area 659.2 sq.m

The average price of a sq.m Home of Yamagata JR Rikuu West Line Minamino, in 2016 was 5,010 JPY/sq.m. The market value represents a decrease of 42,447 JPY (-89.4%) compared to 1 year ago and a transition to a dramatic market. 2 properties exchanged hands ( The market value represents an increase of 1 (+100.0%) compared to 1 year ago and a transition to a dramatic market.).

The average age of the real estate was 49.0 years old (a +3.2% increase compared to the 47.5 years old of last year.). The average size of the real estate was 1065.0 sq.m (a -11.2% decrease compared to the 1200.0 sq.m of last year.). The average total floor space of the real estate was 375.0 sq.m (a -36.4% decrease compared to the 590.0 sq.m of last year.).

One distinguishing feature of recent real-estate transactions was a dramatic decrease in transactions involving very large size more than 200 sq.m.

Cause of price increases

  • A slight decrease in transactions involving older buildings over 40 years old (representing 100.0% of total transactions in 2015 and 100.0% of total transactions in 2016)

Causes of price decreases

  • A dramatic increase in average distance from the station (representing 8.0 min in 2015 and 25.0 min in 2016; +212.5%)
Data regarding the market value and its changes of Home in Minamino were calculated using data on the sales of 6 properties provided by the MLIT Japan.

Minamino Home transaction price list

areaTrading PriceUnit PriceStationDistance from the station
古関370,000 JPY13,590 JPY/sq.mMinamino20 min
廻館3,900,000 JPY19,534 JPY/sq.mMinamino30 min
南野28,000,000 JPY156,883 JPY/sq.mMinamino8 min
南野18,000,000 JPY132,231 JPY/sq.mMinamino13 min
前田野目2,500,000 JPY50,086 JPY/sq.mMinamino30 min
小出新田20,000,000 JPY- JPY/sq.mMinamino20 min

JR Rikuu West Line Railway market report

2017. Jan - Sep
 11 tradings
2016. Jan - Dec
 29 tradings
2015. Jan - Sep
 24 tradings
2014. Jan - Sep
 15 tradings
-3Q
9
-1Q
2
-3Q
6
2Q
13
1Q
2
-3Q
12
2Q
2
1Q
10
-3Q
5
2Q
4
1Q
6
Note! This area does not have enough purchase history data accumulated to calculate a correct market value. As a result, please be advised that the calculated market value you see may differ greatly from the actual trading price.

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.)
Color:
Unit:   Touch:
Property Details:
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Trading Price:   {{infoObj.price|number:0}} JPY,    Unit Price:   {{infoObj.unit_price|number:0}} JPY/sq.m
{{infoObj.days_elapsed|days_year}} years old , Area: {{infoObj.dimension}} sq.m , Total floor area: {{infoObj.dimension_all}} sq.m , Layout: {{infoObj.floor_plan}} , Structure: {{infoObj.structure}}
- 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 Minamino 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 Yamagata JR Rikuu West Line Minamino 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. Yamagata Higashitagawa-Gun Shonai-Machi 古関Higashitagawa-Gun Minamino 20.0 min walk)
51.8 years old , Area: 130 sq.m , Total floor area: 90 sq.m , Structure: 木造
- Trading date: 2016-12-01T00:00:00Z
Trading price:   370,000 JPY,    Unit price:   4,111 JPY/sq.m
2. Yamagata Higashitagawa-Gun Shonai-Machi 廻館Higashitagawa-Gun Minamino 30.0 min walk)
46.3 years old , Area: 2000 sq.m , Total floor area: 660 sq.m , Structure: 鉄骨造
- Trading date: 2016-06-01T00:00:00Z
Trading price:   3,900,000 JPY,    Unit price:   5,909 JPY/sq.m
3. Yamagata Higashitagawa-Gun Shonai-Machi 南野Higashitagawa-Gun Minamino 8.0 min walk)
47.5 years old , Area: 1200 sq.m , Total floor area: 590 sq.m , Structure: 木造
- Trading date: 2015-09-01T00:00:00Z
Trading price:   28,000,000 JPY,    Unit price:   47,457 JPY/sq.m
4. Yamagata Higashitagawa-Gun Shonai-Machi 南野Higashitagawa-Gun Minamino 13.0 min walk)
31.5 years old , Area: 2000 sq.m , Total floor area: 450 sq.m , Structure: 鉄骨造
- Trading date: 2008-09-01T00:00:00Z
Trading price:   18,000,000 JPY,    Unit price:   40,000 JPY/sq.m
5. Yamagata Higashitagawa-Gun Shonai-Machi 前田野目Higashitagawa-Gun Minamino 30.0 min walk)
62.5 years old , Area: 480 sq.m , Total floor area: 165 sq.m , Structure: 木造
- Trading date: 2014-09-01T00:00:00Z
Trading price:   2,500,000 JPY,    Unit price:   15,151 JPY/sq.m
6. Yamagata Higashitagawa-Gun Shonai-Machi 小出新田Higashitagawa-Gun Minamino 20.0 min walk)
22.5 years old , Area: 2000 sq.m , Total floor area: 2000 sq.m , Structure: 鉄骨造
- Trading date: 2014-09-01T00:00:00Z
Trading price:   20,000,000 JPY,    Unit price:   N/A 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 decrease in transactions involving very large size more than 200 sq.m.

Cause of price increases

  • A slight decrease in transactions involving older buildings over 40 years old (representing 100.0% of total transactions in 2015 and 100.0% of total transactions in 2016)

Causes of price decreases

  • A dramatic increase in average distance from the station (representing 8.0 min in 2015 and 25.0 min in 2016; +212.5%)
The table below shows Home dealt in Yamagata JR Rikuu West Line Minamino, 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 Minamino

    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
    JR Rikuu West Line Kiyokawa (5) [Stations]3,500,00025,00015.4 yrs15 min260 sq.m
    JR Rikuu West Line Karikawa (9) [Stations]1,500,00013,79338.4 yrs30 min820 sq.m
    JR Rikuu West Line Amarume (68) [Stations]5,800,00044,06723.0 yrs18 min330 sq.m
    JR JR Rikuu West Line (307) [Stations]7,000,00045,00029.3 yrs20 min370 sq.m
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