![[Assessed 96.3%] Land in Kawagoe, Saitama — 18 min from Shingashi Sta.](https://img01.suumo.com/jj/resizeImage?src=gazo%2Fbukken%2F030%2FN010000%2Fimg%2F951%2F21461951%2F21461951_0002.jpg&w=1440&h=1080)
[Assessed 96.3%] Land in Kawagoe, Saitama — 18 min from Shingashi Sta.
Property Overview
| Location | Kawagoe, Saitama |
| Nearest Station | Tobu Tojo Line Shingashi Sta. |
| Walk | 18 min walk |
| Assessed Ratio | 96.3%Assessed 96.3% |
| Price | ¥13,800,000 |
| Type | Land |
| Land Area | 98.47㎡ |
Where This Property Is Listed
This property appears on the sites below. Listings matching on location, land area and building area are merged into a single article as the same property.
| SUUMO | ¥13,800,000View listing |
Assessed Value Breakdown
| Land assessed value | ¥13,293,450 |
| Building assessed value | - |
| Total assessed value | ¥13,293,450 |
| Asking price | ¥13,800,000 |
| Assessed ratio | 96.3% |
Calculation basis
- Land = road price ¥135,000/m² × land area 98.47m²
Official Road Price Trend (last 3 years)
Cumulative change 2024 → 2026: +8.0%| Year | Road price (JPY/m²) | YoY |
|---|---|---|
| 2024 | 125,000 | — |
| 2025 | 130,000 | +4.0% |
| 2026 | 135,000 | +3.8% |
※ Based on inheritance-tax road prices published each July — a reference for the trend in land collateral value.
How We Checked This Property
Rather than reproducing the listing as-is, we itemised the transaction's caveats one by one and dispelled the suspicion of engineered ground with elevation measurements.
What We Could Not Confirm
- Demolition and survey costs (typically ¥1–2M for a ~100 m² wooden house) are outside the assessed value — add them to the real acquisition cost.
- Being in a buried-cultural-property zone, trial and full excavations may be required before building, affecting cost and schedule.
※ Rather than reproducing the listing as-is, we verified the figures against public sources such as the official road price maps and the listing photos. This is not based on a site visit, so please confirm on site and with the seller before deciding.
About This Property
A plot with an old house in Suwa-cho, Kawagoe, Saitama, an 18-minute walk from Shingashi Station on the Tobu Tojo Line. A beef-bowl restaurant is 127 m from the coordinates given in the listing, a convenience store 163 m and a supermarket 270 m.
The land is 98.47 sqm (29.78 tsubo) by the register, the category is residential and the title is freehold. It sits in the urbanisation promotion area, zoned Category I medium-to-high-rise residential with a 60% building coverage ratio and 160% floor area ratio. It has 7.55 m of frontage onto a roughly 4.0 m public road (Article 42-1-1) on the north-west side, and the plot drawing shows a regular 7.55 m by 13.00 m rectangle. There is no private-road burden. The old house dates from June 1976, is wood-framed and two-storey, and is sold as-is with immediate handover.
The inheritance-tax road price on the frontage is 135,000 yen/sqm. The land assessed value comes to 13.29 million yen, an assessed ratio of 96.3% against the 13.8 million yen asking price. At 50 years old the old house is past the 22-year statutory life for wood construction, so it is assessed at zero. The road price has moved 125,000 yen in 2024, 130,000 yen in 2025 and 135,000 yen in 2026, a rise of 8.0% over three years.
Several terms of sale need attention, including demolition and survey costs falling to the buyer. Please read the research notes.
Estimated Financing
Suggested Lenders
※ General tendencies of lenders covering this area, for information only. This does not guarantee or suggest any specific financing outcome.
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