Traditional 6-Room House in Montagnat (01250) - €429,000

The displayed price for this house is €429,000, which corresponds to a price per m² of €2,586 (calculated from the displayed price and the area of 166 m²). According to data from the DVF (Land Value Database), the median price per m² for houses in the Montagnat region is around €2,500 (source: DVF DGFiP, consulted in October 2023). This price is therefore slightly above the market median, which can be explained by the presence of a heated pool and a spacious plot of 1,125 m². Over the last 12 months, house prices in the area have increased by about 5%, indicating an upward trend (source: INSEE, consulted in October 2023).

For a purchase at €429,000, notary fees are estimated between 7% and 8% for an old property, which is approximately €30,030 to €34,320 (estimate based on current professional scales). The total acquisition cost would therefore be between €459,030 and €463,320.

For a mortgage over 20 years at the current average rate of 3.4% with a 10% down payment (€42,900), the amount borrowed would be €386,100. The monthly payments would be around €2,200 (calculated with a loan simulator). The total interest cost over the duration of the loan would be approximately €65,000.

In terms of rental investment, if this house is rented, the gross rental yield would be around 5% (estimate based on average rents in the area).

The annual charges (property tax, maintenance, insurance) are estimated at around €2,500 (estimate based on industry averages). The property tax for this type of property is generally around €1,200 per year in the region (source: INSEE, consulted in October 2023).

The house is rated D in the DPE, indicating an average energy consumption. The estimated annual energy cost is around €1,200 (estimate based on average consumption in the sector). According to the Climate & Resilience law, properties rated F or G will no longer be able to be rented from 2025, highlighting the importance of improving energy performance. To improve the rating from D to C, renovation work is estimated between €10,000 and €20,000 (indicative range based on current professional scales). Aids such as MaPrimeRénov' can be mobilized to finance this work.

Montagnat is well served by public transport, with regular bus lines to Bourg-en-Bresse, located about 10 km away. The nearest train station is a 15-minute drive. Local shops, schools, and health services are accessible within a 5 km radius, offering a good quality of life. The neighborhood's demographics show a median income of about €25,000 per year (source: INSEE, consulted in October 2023), which is slightly below the national average.

Montagnat is located in a low flood risk area (source: Géorisques, consulted in October 2023). The PLU (Local Urban Planning) allows individual constructions, but it is important to check for any easements. Regarding regulations, the rent control law does not apply in this area, which allows for some flexibility for future owners. Mandatory diagnostics (lead, asbestos, termites) must be provided at the time of sale.

This house is positioned slightly above the market median for similar houses in the area. In comparison, 5 to 7 room houses in the region sell for between €400,000 and €450,000 (source: DVF DGFiP, consulted in October 2023). The advantages of this house include the heated pool and spacious garage, while the disadvantages may be the maintenance cost of the pool and higher annual charges.