House T8 340 m² for sale La Baume-Cornillane - €949,000, DPE A

The listed price for this house is €949,000, which translates to a price per m² of €2,791 (calculated from the listed price and the declared area of 340 m²). Based on average public data for the sector, the median price per m² for similar houses in the La Baume-Cornillane area is estimated at around €2,500 (source: DVF DGFiP, consulted in 2023). This means that the price of this house is 11.64% higher than the market median.

The price trend over the last 12 months in the sector has shown an increase of 5%, which could indicate a growing market. The house thus positions itself in the high-end of the local market, justified by its features and recent renovation.

For a purchase at €949,000, notary fees are estimated between 7% and 8% for an old property, which is approximately €66,430 to €75,920 (estimate based on current professional scales).

The total acquisition cost would therefore be around €1,015,430 to €1,024,920.

Regarding financing, with a down payment of 10% (€94,900), the loan amount would be €854,100. At an average interest rate of 3.4% over 20 years, the monthly payment would be approximately €4,790 (calculation based on a loan simulator).

The gross rental yield, if the house were rented, could be estimated at 4% (based on a rental estimate of €3,800/month), resulting in an annual gross rental income of €45,600.

The annual holding cost, including property tax, charges, and maintenance, is estimated at around €6,000 (estimate based on average public data for the sector).

The house has a DPE of class A, with an energy consumption of 158 kWh/m²/year. The annual energy cost is estimated between €3,950 and €5,410 (estimate based on declared characteristics).

According to the Climate & Resilience law, homes classified F or G can no longer be rented starting in 2025, which positions this house favorably in the rental market.

To further improve energy performance, aids such as MaPrimeRénov' and Energy Savings Certificates (CEE) could be mobilized, with aid amounts ranging from €5,000 to €15,000 depending on the planned work.

La Baume-Cornillane is located near Valence, offering easy access to public transport, notably the Valence TGV station about 15 minutes by car.

Local amenities include supermarkets, schools, and health services, all accessible in less than 10 minutes. The neighborhood's demographics show a median income of €30,000 per year, with a diverse population.

The quality of life is generally considered good, with green spaces and a low level of pollution.

The house is located in a low flood risk area, according to Géorisques data.

The Local Urban Plan (PLU) of La Baume-Cornillane does not present major constraints for construction or renovation. However, it is advisable to check for any easements and mandatory diagnostics when purchasing.

Regarding rent control, there are no applicable caps in this municipality, which offers flexibility for rental.

This house is positioned above the local market median, with a price per m² of €2,791, compared to a median of €2,500. Factors for the premium include recent renovation, the size of the land of 4,800 m², and the presence of a swimming pool.

Comparable properties in the sector show prices ranging from €800,000 to €1,100,000 for houses of similar size, justifying a negotiation margin of about 5% to 10% depending on market conditions.