T8 House 186 m² for sale in Cholet - €550,000, 4 bedrooms

The listed price of the house is €550,000 for an area of 186 m², which gives a price per m² of €2,951 (calculated from the listed price and declared characteristics). In the Cholet market, the median price per m² for houses is around €2,500 (source: DVF DGFiP, 2023). This places this house above the median of the Cholet market, which can be justified by its characteristics, notably the number of rooms and architectural quality.

Over the last 36 months, house prices in Cholet have shown an upward trend of about 5% per year, indicating a growing market. Houses with similar characteristics (T8, garden, garage) generally sell between €500,000 and €600,000.

For a price of €550,000, notary fees are estimated between 7% and 8% for an old property, which is approximately €38,500 to €44,000 (estimate based on current professional scales). The total acquisition cost would therefore be around €588,500 to €594,000.

For a mortgage at an average current rate of 3.4% over 20 years with a down payment of 10% (€55,000), the monthly payments would be around €2,600 (calculated from the listed price and declared characteristics).

Annual charges (property tax, maintenance, insurance) are estimated at around €2,000 (estimate based on average public data in the sector). The property tax for a house of this size in Cholet is generally around €1,500 to €2,000.

The Energy Performance Diagnosis (DPE) is not specified in the provided data. However, for a house built in 1992, it is likely to be in class D (estimate based on declared characteristics). The annual energy cost for a house of this size and class is estimated at around €1,500 to €2,000 (estimate based on average public data in the sector).

According to the Climate & Resilience law, homes classified F or G can no longer be rented since 2023, which could impact the rental value of the property if renovation work is not carried out.

Aids such as MaPrimeRénov' and Energy Savings Certificates (CEE) are available for owners wishing to improve the energy performance of their property. Amounts can vary from €1,000 to €20,000 depending on the work done (indicative range based on current professional scales).

The house is located in Cholet, which has a public transport network including buses and train lines. The nearest train station is about 10 minutes by car. Schools and shops are within walking distance, which is an asset for families. The neighborhood is known for its tranquility and green spaces, promoting a pleasant living environment.

Cholet is a dynamic city with a population of about 55,000 inhabitants. The median income per household is about €2,200 per month (source: INSEE, 2023). The city is known for its sports and cultural facilities, contributing to a good quality of life. Green spaces are abundant, and the crime rate is relatively low, which is a positive factor for families.

Cholet is located in a low flood and seismic risk area. However, it is recommended to check the Géorisques data for detailed information on potential risks in the region. The Local Urban Planning Plan (PLU) should also be consulted to know the current construction and development rules.

Mandatory diagnostics for sale include the DPE, risk and pollution assessment, and electrical diagnosis if the property is old. It is important to ensure that these diagnostics are up to date and comply with regulatory requirements.