T6 House 111 m² for sale in Houilles - €599,000, garden & garage

The listed price for this house is €599,000, which corresponds to a price per m² of €5,396.40 (calculated from the listed price and the area of 111 m²). In the Houilles market, the median price per m² for similar houses is estimated at around €4,800 (source: DVF DGFiP, consulted in October 2023). This places this house above the market median by 12.4%.

In terms of trend, house prices in Houilles have seen an increase of about 5% over the last 12 months, with a forecast of stability for the next 12 months, according to data from FNAIM.

For a purchase at €599,000, the notary fees are estimated at around 7.5% (current rate for older properties), which is about €44,925. The total acquisition cost would therefore be €643,925.

For a loan at an average rate of 3.4% over 20 years with a down payment of 10% (€59,900), the amount borrowed would be €539,100. The monthly payments would be around €3,000 (calculated based on a loan simulator).

If this house is rented, the monthly rent could be estimated at around €2,200 (estimate based on local rents). This would give a gross rental yield of 4.4% (calculated on the purchase price). After deducting charges and property tax, the net yield could drop to about 3.5%.

The Energy Performance Diagnosis (DPE) of the house is rated D, with an estimated energy consumption of 210 kWh/m²/year. The annual energy cost is therefore estimated at around €1,200 (calculated based on the average electricity price in France).

According to the Climate & Resilience law, homes rated F or G can no longer be rented starting in 2025. This house, being rated D, will not be affected by these restrictions. To improve the energy class to C, renovation work estimated between €10,000 and €20,000 would be necessary (indicative range based on current professional rates). Assistance such as MaPrimeRénov' could be mobilized for this work.

The house is located near the Houilles train station, about a 10-minute walk, providing direct access to Paris. The city center is also accessible within 15 minutes on foot, with many shops, schools, and health services nearby. The neighborhood is residential and quiet, with a good quality of life, green spaces, and facilities suitable for families.

Demographics: The population of Houilles is about 30,000 inhabitants, with a median household income of around €32,000 per year (source: INSEE, consulted in October 2023).

The house is located in a low flood risk area (source: Géorisques, consulted in October 2023). The Local Urban Plan (PLU) of Houilles allows constructions up to 12 meters high, which complies with current regulations. Mandatory diagnostics (asbestos, lead, termites) must be provided by the seller, and it is advisable to check their compliance before purchase.

Regarding rent control, Houilles is not subject to strict rent control, but it is important to inquire about applicable ceilings if the house is intended for rental.

Compared to other 6-room houses in the area, this house is above the median price. Similar houses generally sell between €500,000 and €550,000 (source: DVF DGFiP, consulted in October 2023). Features such as the total basement and well-maintained garden may justify this premium. However, it is important to note that the price could be negotiable, especially if renovation work is to be expected.