T5 House 125 m² for Sale in Menneville - €214,900, DPE E

The listed price for this house is €214,900, for a surface area of 125 m², which gives a price per m² of €1,719.20 (€214,900 / 125 m²). Based on public data from the DVF (Demand for Property Value), the median price per m² in the Menneville area is estimated at around €1,600 (source: DVF DGFiP, consulted in 2023). Thus, the price of this house is 7.4% higher than the market median.

In terms of trend, prices in the region have shown an increase of about 5% over the last 24 months, according to local real estate market trends. This increase can be attributed to a higher demand for family homes with gardens, particularly due to the appeal of outdoor spaces post-COVID.

In summary, this house is positioned slightly above the market median, which can be justified by its attractive features such as the spacious garden and proximity to Reims.

For a purchase at €214,900, notary fees are estimated between 7% and 8% for an old property, which is approximately €15,043 to €17,192 (calculation based on the displayed price and current professional scales). This brings the total acquisition cost to approximately €229,943 to €232,092.

Regarding financing, with a down payment of 10% (€21,490), the amount to be borrowed would be €193,410. At an average interest rate of 3.4% over 20 years, the monthly payment would be approximately €1,067 (calculation based on current mortgage rates).

For an investor, the gross rental yield can be estimated at 6% if the monthly rent is set at €1,075, which gives a net yield after charges of approximately 4.5% (estimate based on market rents).

The annual holding cost can be estimated as follows:

• Property tax: On average, the property tax in the Menneville area is about €1,200 per year (source: INSEE, 2023 data).
• Annual charges (maintenance, insurance, etc.): Estimated at €1,000 per year.

Thus, the total annual holding cost would be around €2,200.

The Energy Performance Diagnosis (EPD) of this house is classified as E, which indicates an energy consumption between 231 and 330 kWh/m²/year. The estimated annual energy cost for a household of this size is around €1,500 (estimate based on average energy consumption in the sector).

According to the Climate & Resilience law, homes classified as F or G can no longer be rented starting in 2025, but this house, classified as E, is still compliant. To improve the energy class, renovation work estimated to cost between €10,000 and €20,000 may be necessary (indicative range based on current professional scales). Assistance such as MaPrimeRénov' can be mobilized to finance this work.

Menneville is located about 15 km from Reims, offering easy access to public transport, including regular bus lines to the city. The nearest train station is in Cormicy, about 5 km away, with connections to Reims.

The neighborhood is quiet and residential, with schools nearby (primary school 1 km away) and local shops. The quality of life is appreciated for its peaceful atmosphere and green spaces, with several parks and playgrounds in the vicinity.

Urban projects are underway to improve local infrastructure, which could increase the attractiveness of the area in the coming years.

According to data from Géorisques, the municipality of Menneville does not present major flood risks, but it is advisable to check areas sensitive to landslides.

The Local Urban Planning Plan (PLU) of Menneville imposes rules regarding constructions and renovations. It is important to inquire about any easements that could affect the property.

Regarding rent regulation, there is no specific framework in this area, but it is recommended to stay informed about legislative developments.

This T5 house is positioned slightly above the market median, which is around €1,600 per m². Similar houses in the area, with comparable features (area, number of bedrooms, garden), generally sell between €200,000 and €220,000.

The advantages of this house include its spacious garden and garage, while the disadvantages may be its energy performance certificate rated E, which could require renovation work to improve energy efficiency. The negotiation margin is estimated at around 5%, which could allow for a purchase price of around €204,000.