T4 House 81 m² for Sale in Houilles - €360,000, Garden

The listed price for this house is €360,000 for an area of 81 m², which gives a price per m² of €4,444.44 (€360,000 / 81 m²). Based on public data from the DVF (Demand for Property Value), the median price per m² in Houilles is approximately €3,800 (source: DVF, consulted in October 2023). This means that the price of this house is 16.9% higher than the market median. Over the last 12 months, prices in Houilles have seen an increase of about 5%, according to local real estate market trends. This house, with its features (garden, 3 bedrooms), is therefore positioned in the upper segment of the Houilles real estate market.

For a purchase of €360,000, notary fees are estimated between 7% and 8% for an older property, which is approximately €25,200 to €28,800. The total acquisition cost would therefore be €385,200 to €388,800.

For a 20-year loan at the current average rate of 3.4% with a down payment of 10% (€36,000), the borrowed amount would be €324,000. The monthly payments would be around €1,850 (calculated with a loan simulator). Taking into account annual charges (estimated property tax of €1,200, unspecified condominium fees), the annual holding cost would be approximately €3,000.

If this property is intended for rental, with an estimated rent of €1,600 per month, the gross rental yield would be 5.33% (€19,200 / €360,000).

The DPE class of this house is not specified in the provided data. However, for a house built in 1932, it is likely to be classified between D and E, which corresponds to an estimated annual energy consumption between €1,200 and €1,800 depending on the characteristics of the insulation and heating systems.

In the case of renovations to improve the energy class, the cost could vary between €10,000 and €20,000, with available aids such as MaPrimeRénov' and Energy Savings Certificates (CEE).

The house is located in Houilles, a town well served by public transport, notably the Houilles - Carrières-sur-Seine train station, which provides direct access to Paris in 15 minutes. Several bus lines also serve the town.

Regarding amenities, there are local shops, schools (primary school and middle school within 1 km), and green spaces, making it a pleasant neighborhood for families. The demographics of Houilles show a median income of around €30,000 per year, with a population largely composed of families.

Houilles is located in a low flood risk area according to Géorisques data. However, it is important to check the urban planning documents to ensure there are no easements or restrictions related to the property.

Regarding regulations, there is no rent control in Houilles, but it is advisable to inquire about the mandatory diagnostics to be provided during the sale (DPE, lead, asbestos).

This T4 house of 81 m² at €360,000 is positioned above the market median in Houilles, where the median price is around €3,800 per m². Similar houses in the area typically sell for between €320,000 and €350,000 for a comparable surface.

Factors for premium pricing include the garden and the number of bedrooms, which are sought-after features by families. The negotiation margin could be estimated at around 5% due to current market demand.