T3 House 94 m² for sale in Cepet - €320,000, DPE not specified

The listed price for this house is €320,000, which translates to a price per m² of €3,404.26 (calculated from the listed price and declared characteristics). This price is higher than the median price per m² for similar houses in the Cepet area, estimated at around €3,000 per m² according to DVF data (Land Value Database, consulted in October 2023). Over the last 12 months, house prices in this region have shown an upward trend of 5%, indicating a dynamic market.

For comparison, houses in neighboring municipalities like Tournefeuille show similar prices per m², but with variations depending on the neighborhoods. Houses with gardens and swimming pools, like this one, are generally more sought after and can justify a higher price.

For a purchase at €320,000, notary fees are estimated between 7% and 8% for an older property, which is approximately €22,400 to €25,600 (estimate based on current professional scales). The total acquisition cost would therefore be between €342,400 and €345,600.

For a loan at an average rate of 3.4% over 20 years with a 10% down payment (€32,000), the monthly payments would be around €1,600 (calculation based on current rates). This represents a total credit cost of approximately €384,000 over 20 years, including interest.

If this house is considered as a rental investment, the gross rental yield could be estimated at around 5% if rented at €1,600 per month (calculation based on the sale price and potential rent). The net yield, after deducting charges and property tax, could be around 4%.

The Energy Performance Diagnosis (DPE) is not specified for this house. Generally, for a house of this size, the annual energy cost can vary between €1,200 and €1,800 depending on the energy class (estimate based on average public sector data).

In case of renovation to improve the DPE class, costs can range from €10,000 to €30,000 depending on the extent of the work. Aid such as MaPrimeRénov' may be available to reduce this cost.

The house is located in Cepet, near Tournefeuille, which benefits from a good public transport network, including regular bus lines to Toulouse. Local amenities include supermarkets, schools, and green spaces, promoting a pleasant quality of life.

The demographics of Cepet show a predominantly family population, with a median income of around €25,000 per year, attracting first-time buyers and families looking for a calm and accessible living environment.

According to Géorisques data, the municipality of Cepet is subject to moderate flood risks. It is recommended to check urban planning documents (PLU) to know the construction and development rules.

Regarding rental regulations, there is no rent control in Cepet, but it is important to stay informed of legislative developments that could impact the rental market.

This house is positioned above the median market prices for similar houses in the area, which are around €300,000 for a comparable size. The advantages of this house include its swimming pool and garden, which are sought after by families. However, the absence of mention of the DPE could be a point of concern for buyers concerned about energy efficiency.