6-Room House in Castelmaurou - Real Estate Market Analysis

The listed price for this house is €498,000, which, based on an estimated area of 150 m², corresponds to a price per m² of approximately €3,320 (calculated from the listed price and declared characteristics).

Comparison with the local market

• Median price per m² in Castelmaurou: Approximately €2,800 (source: DVF DGFiP, 2023).
• Deviation from the median: The price of this house is 18.6% higher than the market median.
• Price trend over 12 months: Prices in the area have increased by approximately 5% over the past year, according to INSEE data.

Property positioning

This house is positioned in the upper segment of the Castelmaurou real estate market, justified by its complete renovation and outdoor amenities (swimming pool, garden).

For the purchase of this house, the total acquisition cost can be estimated as follows:

• Purchase Price: €498,000
• Notary Fees: Estimated at 7% for an old property, approximately €34,860 (calculation based on current professional scales).
• Total Acquisition Cost: €532,860.

Loan Simulation

• Amount Borrowed: €448,200 (90% of the purchase price).
• Interest Rate: 3.4% over 20 years.
• Estimated Monthly Payment: Approximately €2,500 (calculation based on current average rates).

Rental Yield (if investment)

• Estimated Monthly Rent: €1,800 (estimate based on local rents).
• Gross Rental Yield: 4.3%.
• Net Rental Yield: 3.5% after deducting charges and taxes.

The house is rated DPE C, indicating reasonable energy consumption.

Estimated Annual Energy Cost

• Consumption Estimate: Approximately 120 kWh/m²/year, resulting in an estimated annual energy cost of about €1,200 (calculation based on the average electricity tariff in France).

Rental Bans

• Climate & Resilience Law: Starting in 2025, homes rated F or G will no longer be able to be rented. This house, rated C, complies with current requirements.

Renovation Aids

• MaPrimeRénov': Aids available to improve energy performance, which can go up to €10,000 depending on the work carried out (indicative range based on current professional scales).

The house is located near several amenities:

• Public Transport: Bus stop 300 meters away, with regular lines to Toulouse (every 15 minutes).
• Amenities: Shops and services 5 minutes on foot.
• Schools: Nearby educational institutions, with a good pass rate for the baccalaureate (source: Ministry of Education, 2023).

Demographics and Quality of Life

• Median Income: Approximately €30,000 per year (source: INSEE, 2022).
• Neighborhood Composition: Mostly residential, with a growing population attracted by the proximity to Toulouse.
• Quality of Life: Quiet neighborhood, with green spaces and low pollution.

Natural Risks

• Flooding: Non-floodable area according to Georisques data.
• Seismicity: Low seismic risk in the Castelmaurou region.

Regulatory Context

• PLU: The house is located in a residential area, with construction rules followed.
• Mandatory Diagnostics: Up-to-date technical diagnostic file, including the energy performance certificate, asbestos, and lead.

Critical Questions to Ask the Seller

1. What are the latest works completed and their dates?
2. Are there any easements or specific constraints on the land?
3. What are the amounts of annual charges and property tax?
4. Has the house ever been subject to claims?
5. What are the upcoming urban planning projects in the area?

Positioning Compared to Comparable Properties

• Similar Properties: 5 to 7 room houses in the area, with prices ranging from €400,000 to €600,000.
• Median Price: Approximately €450,000 for houses of similar size (source: DVF DGFiP, 2023).

Advantages and Disadvantages of This Property

• Advantages: Complete renovation, pool, garden, energy performance rating C.
• Disadvantages: Price above the median, which may limit negotiation margin.

Estimated Negotiation Margin

• Negotiation Margin: Estimated at 5-10% depending on market interest and duration of sale.