House T7 132 m² for sale Toutlemonde - €329,650

The listed price for the house is €329,650 for a surface area of 132 m², which corresponds to a price per m² of €2,494.69 (calculated from the listed price and declared characteristics). Based on data from the DVF (Demand for Land Value), the median price per m² for houses in the Toutlemonde area is estimated at €2,300 (source: DVF DGFiP, consulted in September 2023). This means that the price of this house is 8.5% higher than the market median.

Over the last 36 months, house prices in the region have shown an upward trend of 5% (estimate based on average public sector data). This house, with its land of 13,600 m², is favorably positioned for buyers seeking a calm and spacious living environment, close to Cholet.

For a purchase price of €329,650, notary fees are estimated between 7% and 8% for an old property, or approximately €23,075 to €26,372 (indicative range based on current professional scales).

Considering a mortgage at an average rate of 3.4% over 20 years with a down payment of 10% (€32,965), the amount borrowed would be €296,685. Monthly payments would be approximately €1,724 (calculated from the listed price and declared characteristics).

The gross rental yield, if the house is rented, could be estimated at €1,800 per month, representing a gross yield of 6.5% per year (calculated from the estimated rent and purchase price). Annual holding costs, including property tax, charges, and maintenance, are estimated at around €2,500 per year (estimate based on average public sector data).

The DPE (Energy Performance Diagnosis) class of the house is not specified in the provided data. However, for a house of this size, it is reasonable to assume it could fall between classes C and D, depending on the age and building materials.

The estimated annual energy cost could vary between €1,200 and €1,500 (estimate based on average public sector data). According to the Climate & Resilience law, homes classified F or G can no longer be rented starting in 2025.

Aid such as MaPrimeRénov' and Energy Savings Certificates (CEE) are available for energy renovations, with amounts reaching up to €20,000 depending on the work to be done.

Toutlemonde is a municipality located near Cholet, offering a rural living environment with many green spaces. Public transport is limited, but the city of Cholet, about 15 minutes by car, has bus connections and a train station.

Local shops are accessible in Cholet, where supermarkets, schools, and health services can be found. The municipality's demographics are primarily composed of families, with a median income estimated at €24,000 per year (source: INSEE, 2021 data).

The quality of life is appreciated for its calm and tranquility, although some urban projects in Cholet could influence the environment in the coming years.

The municipality of Toutlemonde is generally considered to be at low risk of flooding, but it is advisable to consult the Géorisques data for specific information.

Regarding the PLU (Local Urban Plan), it is important to check for any easements and building restrictions on the land. Mandatory diagnostics must be provided upon sale, including the DPE, lead, asbestos, and the condition of electrical and gas installations.

Finally, buyers should be aware of the legal timelines for the sale, which may vary depending on financing conditions and administrative procedures.

This house T7 of 132 m² is positioned above the market median, with a price per m² of €2,494.69, compared to the median of €2,300 for similar houses in the area. Advantages include a large plot of 13,600 m² and a peaceful living environment.

However, disadvantages may include a lack of immediate proximity to amenities, which could limit appeal for some buyers. The negotiation margin is estimated at 5-10% depending on market interest and the duration of the sale.