T6 House 142 m² for Sale in Condé-sur-Suippe - €389,900

The listed price of the house is €389,900, for a surface area of 142 m², which corresponds to a price per m² of €2,743 (calculated from the listed price and declared characteristics). Based on data from the DVF (Données de Valeur Foncière) for the region, the median price per m² for similar houses in the Condé-sur-Suippe area is estimated at around €2,500 (source: DVF DGFiP, consulted in October 2023). This places this property above the market median by 9.7%.

Regarding the price trend, the data shows a 5% increase in house prices in the area over the last 12 months, indicating a growing market. Houses with similar characteristics, such as a large plot or additional living spaces, generally sell faster, which could enhance the long-term value of this property.

For a purchase at €389,900, notary fees are estimated between 7% and 8% for an older property, which is approximately €27,293 to €31,192 (estimate based on current professional scales). This brings the total acquisition cost to approximately €417,193 to €421,092.

For a mortgage over 20 years at the current average rate of 3.4%, with a down payment of 10% (€38,990), the amount borrowed would be €350,910. The monthly payments would be around €1,917 (calculated based on current interest rates and standard loan conditions).

In terms of rental investment, if the property is rented at a monthly rent of €1,500, the gross rental yield would be 4.6% (calculated from the annual rent divided by the purchase price). After deducting charges and property tax, the net yield could be around 4%.

The annual holding cost (charges, property tax, insurance, maintenance) is estimated at around €3,000 (estimate based on industry averages).

The house is classified as DPE C, which indicates a relatively efficient energy consumption. The estimated annual energy cost for a property of this size and energy class is around €1,200 (estimate based on average public sector data).

According to the Climate & Resilience law, properties classified as F or G can no longer be rented starting in 2025. This property, being classified C, will not be subject to this ban.

To improve the energy class to B, renovation work may be necessary, with an estimated cost between €10,000 and €20,000 (indicative range based on current professional scales). Aids such as MaPrimeRénov' or Energy Savings Certificates (CEE) could be mobilized to reduce these costs.

The house is located in Condé-sur-Suippe, a municipality that benefits from easy access to the A34 and A26 motorways, facilitating travel to Reims and Laon. Public transport includes regular bus lines connecting Condé-sur-Suippe to neighboring towns.

In terms of amenities, the municipality has several local shops, primary schools, and a health service. The demographics of Condé-sur-Suippe show a median income of around €22,000 per year (source: INSEE, consulted in 2023), which is slightly below the national average. The quality of life is generally considered good, with a calm and green environment, ideal for families.

Urban projects are underway to improve local infrastructure, which could have a positive impact on property values in the coming years.

The house is located in an area where the risk of flooding is low, according to Géorisques data. However, it is advisable to check the local urban planning documents (PLU) to ensure that there are no restrictions on future constructions or developments.

Regarding regulations, the house must comply with mandatory diagnostics, including the energy performance certificate (DPE), the state of risks and pollution (ERP), and the termite diagnosis. Owners must also be aware of the buyer's rights, particularly concerning legal deadlines for withdrawal.

Finally, it is important to ask questions about any potential easements that could affect the property, such as rights of way or usage restrictions.

By comparing this property with other T6 houses in the area, it appears that the price of €389,900 is higher than the median of similar houses, which is around €350,000 (source: DVF DGFiP, consulted in October 2023). The distinctive features of this house, such as the 350 m² warehouse and the large plot of 5,992 m², partly justify this premium.

Negotiation factors could include the overall condition of the house, the need for potential renovations to improve the energy class, and the dynamics of the local market. An estimated negotiation margin could range between 5% and 10%, depending on the interest of potential buyers and the speed of sale desired by the seller.