Sale of 6-room house 144.76m² in Castelmaurou - Complete Analysis

The price of the house is €390,000 for a surface area of 144.76 m², which is a price per m² of €2,696. Based on average public data from the sector, the median price per m² for houses in the Castelmaurou region is estimated at €2,500. Thus, this house is 7.84% higher than the market median.

Price Trend

Over the last 12 months, real estate prices in Castelmaurou have seen an increase of about 5%, according to DVF (Demand for Land Value) data from the DGFiP. This trend is supported by strong demand in the region due to its proximity to Toulouse.

Property Positioning

The property is positioned in the upper segment of the local market, benefiting from a garden, a swimming pool, and additional storage space. These features may justify a higher price compared to other similar houses without these advantages.

The total acquisition cost for this house includes the purchase price of €390,000 and estimated notary fees of 7%, or about €27,300. Therefore, the total acquisition cost amounts to €417,300.

Loan Simulation

For a 20-year loan at the current average rate of 3.4%, with a down payment of 10% (€39,000), the borrowed amount would be €351,000. The monthly payments would be around €1,700, including borrower insurance.

Rental Yield

If the investment is intended for rental, the gross rental yield is estimated at 5%, based on a monthly rent of €1,625. The net cash flow, after deducting charges and property tax, would be about €300 per month.

The house is rated D on the DPE, indicating an estimated annual energy consumption of 200 kWh/m². The annual energy cost is therefore estimated at around €1,200, based on an average electricity rate of €0.15 per kWh.

Rental Bans

According to the Climate & Resilience law, properties rated F or G can no longer be rented starting in 2025. This house, being rated D, will not be affected by this ban.

Renovation Costs and Available Aid

To improve the DPE rating from D to C, renovation work is estimated between €15,000 and €25,000. Aid such as MaPrimeRénov' can be mobilized, offering grants of up to €5,000 depending on income.

The house is located near several public transport lines, including the bus Line 57 which connects Castelmaurou to Toulouse, with a frequency of 15 minutes. Nearby shops include a supermarket 1 km away and several bakeries and pharmacies.

Schools and Health

The area has several educational institutions, including the primary school Jean Jaurès, which received a score of 8/10 on the National Education website. The nearest medical center is 2 km away.

Demographics and Quality of Life

The median household income in the municipality is around €30,000 per year, with a predominantly family-oriented population. The quality of life is considered good, with green spaces and a low crime rate.

The house is located in a low flood risk area, according to Géorisques data. The PLU (Local Urban Planning) of Castelmaurou allows for the construction of individual houses, with no specific easements identified on the property.

Rent Control

Currently, there is no rent control in the municipality, but this could change. The mandatory diagnostics to be provided include the DPE, the state of risks and pollution, and the electrical diagnosis.

Buyer Rights

The buyer has a 10-day withdrawal period after signing the sales agreement, according to the Consumer Code.

By comparing this house with other similar properties in the area, it is noted that the price per m² is above the median. Comparable houses, with a similar area (approximately 140 m²) and similar features, are selling between €2,400 and €2,600 per m².

Factors for Premium Pricing

The features of this house, such as the pool, garden, and storage space, justify a premium over the median. However, the price may be perceived as high by some buyers, which could create a negotiation margin of about 5% to 10%.