What a $400,000 House in Tokyo Japan will Get You

This is a Japanese Home Tour of a $400,000 house in Tokyo. This 60,000,000 JPY House tour is pre-renovation so it may look a bit rough. It's a 160 square meters, 44 year old, 4LDK house with 2 garages and a backyard sitting on 181 square meters of land. So in Japan, housing properties are evaluated based on the land value plus the building value. In Tokyo, the average land value is about 1.2M yen 8110 USD per square meter, while in this area, on the outskirts, it averages about 330,000 yen / 2230 USD per square meters, which would value this house’s land at around 400,000 dollars. But since this house was built in 1980, has been poorly maintained, left un-renovated with no one living here for 3 years, the house value in Japan is considered close to zero. Therefore, a total valuation of 400,000 USD. This Tokyo house is a 12 minute walk away from Komae train station, which has many shops and cool restaurants and of course a supermarket. Also, about a 20 mins train ride from Shinjuku station, this area has a down to earth relaxing vibe and my favorite 3 breweries in the area with one just across the street.

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I'm from TOKYO JAPAN, I've been living here for a long time. I'll be your Tokyo Travel Guide, taking you to the spots I love as well as showing you what to do all around Japan and maybe sometimes overseas. I'm also into Tech so you'll see a few videos about my drone and other cool toys I discover. In short, the channel is all about what I Love, Japan, Food, Travel, Tech and most likely coming FROM-TOKYO, my home.

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[kiranwhite]

Would love to see the house after renovations

[maranathashalom]

I swear this is the home from The Grudge. Paolo, run!!!

[mamaij]

It saddens me to hear that it will be an Airbnb. It looks like a lovely home to start a family in! Ah, but one can dream. Please do show us the results when it's renovated!

[roberthale]

As a house built in the 1980's I would update a few things. All HVAC units, water heater, toilets, plumbing and update the electrics. Deep clean the house, replace any damaged flooring and all new tatami mats. Have the roof inspected and do any repairs, re-do all the landscaping, paint the exterior and live in it.

[rnews]

For a house built in the 1980s the house is in remarkable shape. Great potential.

[DGR_Dave]

This place has SO much cool potential! I'd love to see a video on how it turns out in the future 😀

[sacadosify]

Nice! I'd move in as is and fix it up over time, since a lot of the issues are cosmetic. It's a shame that a family didn't get a chance to purchase it. Affordable housing is hard to find, and it seems like Airbnb units are taking away opportunities from young families to purchase a home. I'd definitely put in another tree - maybe a yuzu, lemon, cherry, plum or mandarin. Clean up the garden space and garden outdoors. Use the patio area for barbecues, etc.

[jasmineteo]

Hey Paolo! Please do a video on the renovation process and how the house turns out eventually! 😊

[monicaseaton]

I'm definitely interested in seeing more about that home and the renovations.

[CodeDeb]

That house is nice and HUGE! Would be perfect for your family and office space combined!

[missjanee]

Yes please follow this renovation project

[Jordan-inJapan]

I live in a more rural area of Japan (Mie Prefecture) and I had assumed that a house in Tokyo would cost way more than a comparable one here. But actually, the place that Paolo shows us is not too far off what I’d expect for the same price here. Maybe about 20% higher? My family just recently finished building a house here, and the total cost was just a little less than the place in this video, including construction and land. I video blogged the whole process, if anyone is interested!

[eromangasensei]

Was just in the mood for Japan house tour videos and then Paolo-san uploaded this!!?? ありがとございます！！！！！

[LivingWaterEternal]

Awesome video! Love the variety from the food show. Please show more different areas of Japan. You are such a great videographer and presenter.

[edith]

An amazing house!!! I would love to see the finished renovation.

[hr]

Someone’s ready to move to the burbs, right Paolo? With Japan’s ultra low interest rates, acquiring this type of house is extremely affordable. Put $80-$100k of renovations and you have a great property! Can you do a video post renovation please?

[jackiebohannon]

Yes, yes interested in seeing the renovation later thank you so much for sharing

[sodapopinksi]

Would totally watch the finished reno. This was interesting.

[roccofranze]

Nice vid as always. The Rivella is a popular drink from Switzerland

[imagine]

Feels like we will see a Paolo & Miko home tour in 1 or 2 years 😊. It would be great to see this house again once it’s renovated.