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engawa

Iwate houses under ¥1 million

12 listings in Iwate (Tohoku), from ¥200K with a median asking price of ¥550K. Every price is the seller's asking price; we don't mark it up, and our concierge fee is flat and separate.

At this price the location is doing all the work, so read the prefecture rather than the listing. Distance to a staffed station, whether the nearest hospital is a hospital or a clinic, and how far the snow line reaches decide both what the renovation costs and whether anyone will ever buy it from you.

Budget for the taxes and fees on top of any price here: work them out with the closing cost calculator. On cheap property they are a much larger share of the price than the usual rules of thumb suggest.

Who this suits

Buyers who want a foothold and a project, are realistic that the renovation is the actual purchase, and are not relying on resale value.

What to watch for

Demolition economics. Clearing the building loses the residential land tax exemption and can multiply the annual bill, so the cheapest route is rarely to knock it down.

Property No. 118
Akiya

Kitakami City, Iwate

As-is

Live listing · At Home akiya bank

Property No. 118

$3,840· ¥600,000
540 m² land93 m² floor
LowHazard report
6.5 kmStation
House for Sale, Ogawa [86]
Akiya

Iwaizumi Town, Iwate

As-is

Live listing · At Home akiya bank

House for Sale, Ogawa [86]

$6,080· ¥950,000
87 m² land94 m² floorBuilt 1978
LowHazard report
n/aStation
Land in Ichinohe (At Home 45700)
Land

Ichinohe Town, Iwate

Land only

Live listing · At Home akiya bank

Land in Ichinohe (At Home 45700)

$3,200· ¥500,000
235 m² land
ElevatedHazard report
≈7 minStation