Chaville House RD 7 Rooms 135 m² for Sale - Complete Analysis

The listed price of the house is €790,000 for a surface area of 135 m², which gives a price per m² of €5,848 (calculated from the listed price and declared characteristics). Based on average public data from the sector, the average price per m² in Chaville is around €5,500 (source: DVF DGFiP, consulted in October 2023). Thus, the price of this house is 6.35% higher than the market median.

Price Trend

Over the last 12 months, prices in Chaville have increased by 4.5% (source: INSEE, consulted in October 2023). This trend is supported by increased demand for spacious houses, particularly due to the appeal of outdoor spaces post-COVID.

Property Positioning

This stone house, although requiring renovation work, is favorably positioned in the market due to its characteristics (number of bedrooms, garden, proximity to amenities).

For a purchase price of €790,000, notary fees are estimated between 7% and 8% for an old property, which is approximately €55,300 to €63,200 (indicative range based on current professional scales). The total acquisition cost would therefore be between €845,300 and €853,200.

Loan Simulation

With a contribution of 10% (€79,000), the amount to be financed would be €711,000. At an average interest rate of 3.4% over 20 years, the monthly payments would be approximately €3,900 (calculation based on a standard loan simulator). The total cost of the loan would be around €1,344,000 over the total loan duration.

Estimated Rental Yield

If the property is rented after renovation, with an estimated monthly rent of €2,800 (estimate based on average rents in the area), the gross rental yield would be 4.25% (calculated on the purchase price). After deducting charges and property tax, the net yield could be around 3.5%.

The house is rated D on the Energy Performance Certificate (DPE), indicating an average energy consumption. The estimated annual energy cost for a property in this category is around €1,500 (estimate based on average public sector data).

Rental Bans

According to the Climate & Resilience Law, properties rated F or G can no longer be rented starting in 2025. The house, being rated D, will not be affected by this ban.

Renovation Costs and Available Assistance

To improve the energy class to C, renovation work could cost between €15,000 and €30,000 (indicative range based on current professional scales). Assistance such as MaPrimeRénov' and Energy Savings Certificates (CEE) could be mobilized, with amounts ranging from €3,000 to €10,000 depending on the work done.

The house is located in immediate proximity to the RD train station, facilitating access to Paris in less than 30 minutes. Bus lines 460 and 467 also serve the neighborhood.

Amenities

Downtown Chaville, with its shops, restaurants, and markets, is less than a 10-minute walk away. Saint Thomas College is also nearby, which is an advantage for families.

Demographics and Quality of Life

Chaville is a sought-after municipality, with a median household income of around €38,000 (source: INSEE, consulted in October 2023). The neighborhood is characterized by a good quality of life, with green spaces and sports facilities. Upcoming urban projects include improvements to public transport and the creation of new recreational areas.

The house is located in a low flood risk area (source: Géorisques, consulted in October 2023). However, an energy performance diagnosis and asbestos and lead diagnostics will be necessary before the sale.

PLU and Zoning

The Local Urban Planning Plan (PLU) of Chaville imposes certain constraints on extensions and renovations. It is advisable to consult the PLU to check the possibilities for development.

Rent Control

If the property is intended for rental, it is important to note that rent control is in effect in Chaville, with a maximum rent of €18.50/m² (source: prefecture of Hauts-de-Seine, consulted in October 2023).

By comparing this house with other similar properties in Chaville, it appears that the price of €5,848/m² is higher than the market median of €5,500/m². Houses with a similar energy performance certificate (DPE) and equivalent surface area generally sell between €5,200 and €6,000 per m² (source: DVF DGFiP, consulted in October 2023).

Advantages and Disadvantages

The advantages of this house include its stone charm, proximity to transport and schools, as well as its potential for appreciation after renovation. The disadvantages include the cost of necessary work and the price per m² being higher than the market median, which may limit the negotiation margin.