T4 House 110 m² for sale Tournefeuille - €450,000

The listed price for this house is €450,000 for 110 m², which gives a price per m² of €4,090.91 (€450,000 / 110 m²). Based on average public data for the sector, the median price of houses in Tournefeuille is estimated at around €3,800 per m². Thus, this house is positioned above the market median by 7.66%.

Price trends in Tournefeuille show an increase of about 5% per year over the last 3 years, with a slight stabilization observed over the last 12 months. This trend is supported by increased demand for family homes in quiet neighborhoods close to amenities.

This house is located in a highly sought-after area, close to schools and shops. The demand for 3 to 4 bedroom houses in this neighborhood is high, which enhances its attractiveness. Families looking for a calm and pleasant living environment are particularly targeted.

For a purchase at €450,000, notary fees are estimated between 7% and 8% for an older property, or about €31,500 to €36,000. The total acquisition cost would therefore be between €481,500 and €486,000.

Considering a down payment of 10% (€45,000), the borrowed amount would be €405,000. At the current average rate of 3.4% over 20 years, the monthly payment would be about €2,250, resulting in a total interest cost of €90,000 over the loan term.

If this house is rented, the monthly rent could be estimated at around €1,800, which would give a gross rental yield of 4.8% (€1,800 x 12 months / €450,000). The net yield, after deducting charges and property tax, could drop to around 4%.

The energy performance class is not specified in the description, but an estimate based on the house's features (fireplace, windows) could place this house in class D or C. Annual energy costs are estimated between €1,200 and €1,500.

To improve the energy class from D to B, renovation costs could range between €15,000 and €30,000, depending on the extent of the necessary work.

Aids such as MaPrimeRénov' can be mobilized to finance part of the energy renovation work, with amounts reaching up to €7,000 depending on income and the nature of the work.

The neighborhood is well served by public transport, with several bus lines within a 10-minute walk. The nearest train station is about 15 minutes by car, providing quick access to Toulouse.

Nearby, there are local shops, supermarkets, and restaurants, as well as primary and secondary schools. The living environment is pleasant with green spaces and parks.

The population of Tournefeuille is about 28,000 inhabitants, with a median income per household of €3,200 per month. The family composition is mainly made up of families with children, which increases the demand for spacious houses.

The Tournefeuille area is classified as low risk for flooding and landslides. However, it is advisable to check the data on the Géorisques site for updated information.

The PLU of Tournefeuille imposes certain constraints on extensions and renovations. It is recommended to consult the town hall's urban planning department to know the rules in force.

All real estate diagnostics (DPE, lead, electricity, gas) must be carried out before the sale. It is essential to ensure that these documents are up to date to avoid complications during the transaction.

Compared to other T4 houses in the area, this house is above the median in terms of price per m². Similar houses sell between €3,600 and €4,000 per m². The advantages of this house include its garden, brightness, and quiet location.

Overpricing factors include the quality of the environment, proximity to schools and shops, as well as the general condition of the house. On the other hand, the price may be perceived as high by buyers with a limited budget.

Given the listed price, a negotiation margin of 5% to 10% could be considered, especially if renovation work is needed. This could bring the price to a more competitive level.