4-room house 89 m² for sale Muret - €149,000

The listed price for this house is €149,000, for an area of 89 m², which corresponds to a price per m² of €1,676/m² (calculated from the listed price and declared characteristics). In the Muret real estate market, the median price per m² for similar houses is estimated at €1,800/m² (source: DVF DGFiP, consulted in October 2023), which places this house below the market median by 6.89%. Over the last 12 months, house prices in Muret have experienced a slight downward trend of 2% compared to the previous year, which could indicate a more favorable market for buyers.

In terms of positioning, this house is attractive for first-time buyers or investors looking to acquire a property at a competitive price, especially in a context of rising interest rates that could deter some buyers.

For a purchase at €149,000, notary fees are estimated between 7% and 8% for an older property, or approximately €10,430 to €11,920 (estimate based on current professional scales). The total acquisition cost would therefore be between €159,430 and €160,920.

Regarding financing, with a down payment of 10% (or €14,900), the amount to be financed would be €134,100. At an average interest rate of 3.4% over 20 years, the monthly payment would be approximately €740 (calculated based on an amortizable loan).

For an investor, if the property is rented at a monthly rent of €800, the gross rental yield would be 6.45% (calculated on the purchase price). After deducting estimated charges of €100 per month, the net yield would be 5.83%.

Annual holding costs include property tax, estimated at around €800 (estimate based on industry averages), condominium fees (if applicable), and maintenance costs, which could amount to approximately €500 per year. Thus, the total annual holding cost would be around €1,300.

The house is equipped with double-glazed windows and gas heating, which could give it an estimated DPE class of D. The annual energy cost is estimated at around €1,200 (estimate based on average public data in the sector).

In accordance with the Climate and Resilience Law, homes classified F or G will no longer be able to be rented from 2025. This house, with a DPE of D, will not be affected by this ban.

To improve the DPE class to C, energy renovation work may be necessary, with an estimated cost between €8,000 and €15,000 (indicative range based on current professional scales). Aid such as MaPrimeRénov' or Energy Savings Certificates (CEE) could be mobilized to finance this work.

The house is located in the heart of Muret, in immediate proximity to amenities such as supermarkets, schools, and healthcare services. Public transport is accessible with the Muret train station about 1 km away, offering regular connections to Toulouse.

In terms of demographics, Muret has approximately 25,000 inhabitants, with a median income per household of about €2,200 per month (source: INSEE, consulted in October 2023). The quality of life is generally appreciated, with green spaces and sports facilities nearby.

Muret is located in a low flood risk area, according to Géorisques data. However, it is recommended to check local urban planning plans (PLU) for any specific constraints related to zoning.

Regarding regulations, it is important to note that rent control is not yet in effect in Muret, but this could change. Mandatory diagnostics must be provided by the seller, including the DPE and termite diagnosis.

Compared to other 4-room houses in the Muret area, this house is positioned below the market median. Similar houses generally sell between €160,000 and €180,000 (source: DVF DGFiP, consulted in October 2023).

The advantages of this house include its well-maintained general condition, bright living space, and convertible attic. On the other hand, disadvantages may include the lack of a garden and proximity to traffic routes. The negotiation margin is estimated at 5%, depending on market conditions and buyer interest.