T4 House 83 m² for Sale in Thil - €238,900, Energy Rating G

The listed price of the house is €238,900 for an area of 83 m², which gives a price per m² of €2,873.49 (calculated from the listed price and declared characteristics). By comparison, the median price per m² for houses in the Thil region is estimated at €2,500 (source: DVF DGFiP, 2023). This price is therefore 14.9% higher than the local market median.

Over the last 12 months, house prices in the Thil area have increased by about 5%, according to INSEE data. This upward trend may be influenced by the growing demand for houses with gardens in rural areas.

This house is positioned as a property to be renovated, which generally attracts investors and DIY enthusiasts. The potential for development and expansion, particularly due to its 1100 m² garden, could justify a higher price after renovations. However, renovation costs must be taken into account in the overall assessment.

For a purchase of €238,900, notary fees are estimated between 7% and 8% for an old property, which is approximately €16,723 to €19,112 (estimate based on current professional scales). The total acquisition cost would therefore be between €255,623 and €258,012.

With a contribution of 10% (€23,890), the amount to be financed would be €215,010. At the current average rate of 3.4% over 20 years, the monthly payment would be approximately €1,206 (calculated based on current rates).

If this property is rented out after renovation, with an estimated rent of €1,200 per month, the gross rental yield would be 6.03% (calculated from the annual rent divided by the purchase price). The net yield, after deducting charges and taxes, could be estimated at around 4.5%.

The house is classified as G with an energy performance rating of 481 kWh/m²/year, indicating high energy consumption. According to the Climate & Resilience law, properties classified as G will no longer be able to be rented starting in 2025, which poses a risk for investors. Energy renovation work will be necessary to improve this classification.

The estimated annual energy cost for a property rated G is approximately €2,000 (estimate based on average public sector data).

Assistance such as MaPrimeRénov' and the Energy Savings Certificates (CEE) can be mobilized to finance renovation work. The amounts vary, but can range from €1,500 to €10,000 depending on the work carried out.

Thil is located about 15 km from Reims, with direct access via the D944. Public transport is limited, but bus lines connect Thil to Reims. The nearest train station is in Cormicy, about 5 km away, offering connections to Reims and Laon.

The village of Thil has a few local shops, but for more comprehensive services, it is necessary to go to Cormicy or Reims. Primary schools are accessible within 5 km.

Thil is a quiet village, surrounded by greenery, offering a pleasant living environment. The demographics are mainly composed of families and retirees, with a median income estimated at €25,000 per year (source: INSEE, 2023).

According to data from Géorisques, the municipality of Thil is not subject to major flooding or seismic risks. However, soil studies may be necessary for expansion work.

The PLU of Thil must be consulted to know the possibilities for extension or modification of the house. Outbuildings may be subject to specific rules.

Real estate diagnostics (asbestos, lead, termites) must be carried out before the sale. These diagnostics may incur additional costs.

Compared to other T4 houses in the area, this house is above the median price, which is around €220,000 for similar houses (source: DVF DGFiP, 2023). The advantages of this property include its spacious garden and outbuildings, while the necessary renovations may be a drawback.

Given the displayed price and the characteristics of the property, a negotiation margin of 5 to 10% could be considered, especially if significant work is required.