Watarai Town: property prices and land values

度会町

Data last updated: November 2026 (Land Price Publication 2026, Prefectural Survey 2026, transactions through Q2 2026)

Avg. residential land price
¥8,483/m²
≈ $5/sq ft · 3 sites
#1499 of 1795 municipalities in Japan
Avg. commercial land price
¥16K/m²
≈ $9/sq ft · 1 sites
1-year change
−0.8%
Residential −0.6% · commercial −1.3%
5 years / 10 years
−5.6% / −19.8%
Same sites, chained
Pre-owned condos per m²
No data
Pre-owned houses (median)
No data
Real Estate Zukan Index
26/100
#1379 in Japan
Total real estate value Estimate
¥30.0 billion
≈ $190.69M · land ¥17.7 billion + buildings ¥12.3 billion
#1335 of 1719 municipalities

Map official land price survey sites

Tap anywhere on the map to get an estimate for that spot. Map: GSI Tiles.

Price trend and forecast average chained from the same survey sites

¥0/m²¥10K/m²¥20K/m²¥30K/m²2006201020142018202220262036
ResidentialCommercialResidential forecast
Avg. residential land priceNow1 year3 years5 years10 years
Forecast Forecast
−0.9% a year
¥8,483/m²¥8,403/m²¥8,244/m²¥8,088/m²¥7,712/m²

Forecasts are projections, not guarantees. 10-year range: ¥6,324/m²–¥9,100/m²

Total real estate value of Watarai Town land and buildings · estimated from FY2025 assessed values for fixed-asset tax

Total value (market estimate)
¥30.0 billion
≈ $190.69M · 0.00% of Japan
Land (market estimate)
¥17.7 billion
residential land ¥15.0 billion
Buildings (assessed)
¥12.3 billion
9,637 buildings · 73.1 ha floor area
Assessed value (fixed-asset tax)
¥25.5 billion
land ¥13.2 billion · buildings ¥12.3 billion
ItemAssessed valueMarket estimateAreaPer m² (market estimate)
Residential land¥10.5 billion¥15.0 billion1.9 km²¥7,940/m²
Other land
farmland, forest, other
¥2.7 billion¥2.7 billion56.6 km²—
Buildings
wooden ¥7.9 billion · non-wooden ¥4.4 billion
¥12.3 billion¥12.3 billion73.1 ha floor—
Total¥25.5 billion¥30.0 billion

Market estimate: residential land is assessed at about 70% of official land prices, so its assessed value is divided by 0.7; other land and buildings are shown at assessed value. Tax-exempt land and buildings (roads, parks, etc.) are not included. Source: Ministry of Internal Affairs and Communications, survey of fixed-asset values (FY2025, by municipality), compiled by Fudosan Zukan.

Watarai Town compared with larger areas

AreaAvg. residential≈ USD/sq ftWatarai Town is1 year5 yearsCondos per m²Index
Watarai Town ¥8,483/m²$5/sq ft −0.8%−5.6% —26
Mie ¥35K/m²$21/sq ft 0.24x+0.2%−0.3% ¥241K/m²45
Japan ¥120K/m²$71/sq ft 0.07x+2.1%+8.0% ¥494K/m²—

Neighborhoods 8 · click a heading to sort

AreaAvg. residentialAvg. commercial1 year5 yearsCondos per m²Sales
Tanahashi
棚橋
¥14K/m² ¥16K/m² −0.7% −5.9% — 1
Nagawara
長原
¥6,400/m² — −0.8% −4.5% — —
脇出
脇出
¥4,750/m² — −1.0% −5.9% — —
Kuzuwara
葛原
— — — — — 23
Onoki
大野木
— — — — — 2
Hiroo
平生
— — — — — 1
Nakanogo
中之郷
— — — — — 1
Shimesasu
注連指
— — — — — 1

Official land price survey sites highest first · 4 sites

LocationUsePrice per m²≈ USD/sq ft1 yearStation
三重県 度会郡度会町棚橋字中世古477番2外
Prefectural Survey 2026
Commercial¥16K/m²$9/sq ft −1.3%小売店舗、住宅等が混在する既存の商業地域
三重県 度会郡度会町棚橋字杤木828番2
Prefectural Survey 2026
Residential¥14K/m²$8/sq ft ±0.0%既存一般住宅、新興分譲住宅の中に農地等が見られる住宅地域
三重県 度会郡度会町長原字東出840番1外
Prefectural Survey 2026
Residential¥6,400/m²$4/sq ft −0.8%農地等も見られる農家住宅が建ち並ぶ地域
三重県 度会郡度会町脇出字東出402番1
Prefectural Survey 2026
Residential¥4,750/m²$3/sq ft −1.0%県道沿いを中心に一般住宅等が建ち並ぶ農山村集落

Transaction prices MLIT Real Estate Information Library · last 2 years · 29 sales

Condos per m² (median)
—
Condo price (median)
—
Land & building (median)
—
Land per m² (median)
¥1,200/m²

Sales in the loaded period: Land 41 · Forest 26 · Farmland 10 · Land & building 7

DistrictPeriodTypePriceAreaBuiltPer m²
HirooQ2 2026Land ¥300K165 m²—¥1,800/m²
KuzuwaraQ2 2026Land ¥450K370 m²—¥1,200/m²
KuzuwaraQ2 2026Land ¥360K300 m²—¥1,200/m²
KuzuwaraQ2 2026Land ¥470K390 m²—¥1,200/m²
KuzuwaraQ2 2026Land ¥440K360 m²—¥1,200/m²
ShimesasuQ1 2026Farmland ¥1.4M880 m²——
KuzuwaraQ1 2026Land ¥1.0M540 m²—¥1,900/m²
KuzuwaraQ1 2026Land ¥460K390 m²—¥1,200/m²
KuzuwaraQ1 2026Land ¥430K360 m²—¥1,200/m²
TanahashiQ4 2025Land ¥4.6M870 m²—¥5,300/m²
OnokiQ4 2025Land & building ¥6.5M620 m²2002—
OnokiQ4 2025Land ¥4.0M210 m²—¥19K/m²
NakanogoQ4 2025Forest ¥300K4,000 m²——
KuzuwaraQ4 2025Land ¥460K380 m²—¥1,200/m²
KuzuwaraQ4 2025Land ¥420K350 m²—¥1,200/m²
KuzuwaraQ4 2025Land ¥400K330 m²—¥1,200/m²
KuzuwaraQ4 2025Land ¥460K390 m²—¥1,200/m²
KuzuwaraQ4 2025Land ¥460K380 m²—¥1,200/m²
KuzuwaraQ4 2025Land ¥460K390 m²—¥1,200/m²
KuzuwaraQ4 2025Land ¥380K320 m²—¥1,200/m²

Real Estate Zukan Index breakdown percentile within Japan (100 = highest)

Market activity
30
1-year growth
36
5-year growth
31
10-year growth
15
Price level
16

Population, income, rent, yield, transport and disaster risk will be added once sourced data is available. Methodology

Nearby areas

FAQ

What is the average land price in Watarai Town?

The average price of residential land in Watarai Town is ¥8,483 per m² (about ¥28,043 per tsubo), based on 3 sites in the official land price surveys (2026).

Are land prices in Watarai Town going up?

Land prices in Watarai Town have fallen by -0.8% on average over the past year. Over five years the change is -5.6%.

What is the land price forecast for Watarai Town?

The Fudosan Zukan model projects residential land prices to change by -0.9% a year, reaching about ¥7,712 per m² in 10 years (range ¥6,324–¥9,100). Forecasts are projections, not guarantees.

What is the total value of real estate in Watarai Town?

About ¥30.0 billion: land ¥17.7 billion and buildings ¥12.3 billion (estimated from assessed values for fixed-asset tax, FY2025; assessed total ¥25.5 billion).

Land prices are official survey prices (Land Price Publication as of January 1, Prefectural Land Price Survey as of July 1); transactions are MLIT transaction and contract prices. Averages, changes, forecasts and the index are calculated by Fudosan Zukan. All prices in Japanese yen; dollar figures (≈) at ¥157.25 = $1 are for reference. Estimated prices and forecasts on this site are for reference only and do not guarantee actual sale prices or appraisal values. The estimate is not a licensed real estate appraisal; it is an "AI-estimated price" calculated from public land price and transaction statistics. Forecasts are projections, not guarantees.