One of the most common types of housing in the Japanese real estate market is the Ichinohe (Japanese: いっこだて).
Ichibukan, a single-family home, usually consists of a small yard plus a parking lot, a partially private road, and a small 2- to 3-story wooden building with a moderate space size of about 100 to 300 square meters.
When many people move to Japan, they tend to choose Ichidokken as their ideal home. Today we analyze why they choose Ichinoheken on three levels.
01
Psychological Level
Ichidokken is a single-family house that provides a relatively independent living space and a peaceful atmosphere for its residents.
In such an environment, not only can they enjoy a carefree life, but they can also freely plan the interior layout and courtyard design to meet their personalized living needs.
For families with small children, this independence means a reduced psychological burden, as the children can play freely without worrying about disturbing the neighbors.
In addition, most apartments in Japan often restrict or prohibit pets in order to maintain the overall living environment. However, living in Ichijian means that you don't have to worry about this at all, and pet lovers are free to keep their pets and enjoy their company.
02
Cost of Living
From an economic point of view, although the initial purchase cost of an Ichijian may be slightly higher than that of a condominium, the subsequent cost of living in an Ichijian has significant advantages.
First of all, the low maintenance cost and possible no or low property fee features of a one-family building provide significant savings for the occupants. Secondly, the self-contained parking space eliminates the need for additional parking fees, further reducing the cost of living.
The cost per unit area of a single-family building is relatively more economical due to its mostly 2- to 3-story structure, and the actual usable area is larger, providing a higher cost-performance ratio for the occupants.
In contrast, new condominiums in Japan require regular payments of “repair reserves” and “management fees,” which increase the burden of living.
03
Asset Value
Owning a condominium means owning both the land and the building on which it is built.
From the perspective of asset value, even though the value of the building may change over time, the value of the land, as a scarce resource, tends to remain stable or even appreciate.
Therefore, choosing a Yifu building is not only choosing a living space, but also choosing a way to increase the value of assets in a long-term and stable manner.
Overall, the advantages of Ichijian are as follows:
★ Enjoy private space, more private life;
★ Ownership of exclusive land, with potential value-added space;
★ No need to pay additional management fees and public repair costs.
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