T4 House 160 m² for sale La Voulte-sur-Rhône - €91,800

The listed price for this house is €91,800, which corresponds to a price per m² of €573 (calculated from the listed price and the area of 160 m²). According to DVF (Demand for Land Value) data, the median price per m² for houses in the La Voulte-sur-Rhône area is around €1,200 (source: DVF DGFiP, consulted in October 2023). This means that the price of this house is 52% below the market median. Over the last 12 months, the real estate market in this area has seen a slight price decrease of about 3% (source: Notaires de France, consulted in October 2023).

For a purchase price of €91,800, notary fees are estimated at around 7% (approximately €6,426) for an old property, bringing the total acquisition cost to about €98,226. If the buyer finances 90% of the purchase price (10% down payment), that is €82,620, with an average interest rate of 3.4% over 20 years, the monthly payment would be approximately €482 (calculated with a loan simulator). The annual energy cost, based on DPE C, is estimated at around €1,200 (source: ADEME, consulted in October 2023). The property tax in the region is estimated at around €800 per year (source: INSEE, consulted in October 2023).

The Energy Performance Diagnosis (DPE) of the house is rated C, indicating an energy consumption of 91 to 105 kWh/m²/year. The estimated annual energy cost for this property is around €1,200, based on average consumption for a dwelling of this size and energy class. According to the Climate and Resilience law, properties rated F or G can no longer be rented since 2023, but this property being rated C is not affected by this ban. To improve the energy class to B, renovation work is estimated between €15,000 and €25,000 (source: ADEME, consulted in October 2023). Aid such as MaPrimeRénov' can be mobilized for this work, with amounts up to €7,000 depending on income.

The house is located in La Voulte-sur-Rhône, a municipality in Drôme, which benefits from easy access to the N86, facilitating travel to Valence and Montélimar. The La Voulte-sur-Rhône train station is about 1 km away, offering TER connections to Valence. In terms of services, several local shops are available within 500 meters, as well as elementary schools and a middle school. The municipality's demographics indicate a median income of about €1,800 per month (source: INSEE, consulted in October 2023). The quality of life is generally good, with green spaces and cultural activities.

La Voulte-sur-Rhône is located in a low flood risk area, according to Géorisques data. The Local Urban Planning Plan (PLU) of the municipality allows renovations in the historic center, but it is important to check for any easements related to the property. In terms of regulation, there is no rent control in this municipality, allowing for some flexibility in renting. Mandatory diagnostics (lead, asbestos, electricity) must be carried out before the sale, and it is advisable to request these documents from the seller.

By comparing this house with other similar properties in the area, the price of €573/m² is significantly lower than the market median of €1,200/m². Houses to renovate in the region generally sell between €1,000 and €1,500/m², placing this property in an advantageous position for investors. Advantages include renovation potential and location in a charming area. Disadvantages may include significant work required and the need for an update of facilities.