Detailed Analysis of the 3-Room House in Le Bourget

The listed price of the house is €315,000, for a living area of 79.47 m². This gives a price per m² of €3,965.38 (calculated from the listed price and declared characteristics). Based on public DVF data, the average price per m² in the Bourget area is estimated at around €3,600 (source: DVF DGFiP, consulted in 2023). This places this house slightly above the market median, with a deviation of +10.1% compared to the average.

In terms of trend, prices in the area have increased by about 5% over the last 24 months, according to INSEE data. This rise is attributed to increased demand in the region, particularly due to proximity to Paris and transport infrastructure.

The characteristics of the house, such as its good overall condition, recent roofing, and garden, may justify this pricing position.

For a purchase at €315,000, notary fees are estimated between 7% and 8% for an old property, or approximately €22,050 to €25,200 (indicative range based on current professional scales). This brings the total acquisition cost to approximately €337,050 to €340,200.

For a mortgage at an average current rate of 3.4% over 20 years with a down payment of 10% (€31,500), the amount borrowed would be €283,500. The monthly payments would be around €1,650 (calculation based on a loan simulator).

In terms of rental yield, if the house is rented for €1,400 per month, the gross yield would be 5.3% (calculated based on the annual rent divided by the purchase price). After deducting charges and property tax, the net yield could be around 4.5%.

The house is rated D in terms of energy performance. This means an estimated primary energy consumption between 151 and 230 kWh/m²/year (source: DPE, consulted in 2023). The annual energy cost is therefore estimated between €1,200 and €1,800, depending on the current energy rates.

With the Climate & Resilience law, homes rated D are not subject to rental bans, but renovation work may be necessary to improve the energy class. The cost of this work is estimated between €10,000 and €20,000 to reach class C (estimate based on average public data from the sector). Assistance such as MaPrimeRénov' can be mobilized, with amounts ranging from €1,500 to €7,000 depending on income and the nature of the work.

The house is located near the Bourget train station (RER B), allowing for quick access to Paris (about 12 minutes to Gare du Nord). Several bus lines also serve the area, facilitating daily commutes.

In terms of amenities, local shops are within walking distance, as well as primary schools and middle schools. The Air and Space Museum and the Bourget Park are important cultural and recreational assets for residents.

The neighborhood's demographics show a median income of about €22,000 per year, with a diverse population. Green spaces and parks contribute to the quality of life, although noise related to the proximity of roadways can be a point of concern.

The neighborhood is classified as low risk for flooding according to Géorisques data. However, it is important to check for any easements and the PLU (Local Urban Planning) that may affect future projects.

Regarding regulations, the property is subject to mandatory diagnostics (DPE, lead, electricity) that must be provided at the time of sale. The buyer's rights include a withdrawal period of 10 days after signing the sales agreement.

Finally, it is essential to inquire about rent control, which may apply in certain areas, although this does not seem to be the case for Le Bourget currently.

Compared to other 3-room houses in the area, this house is positioned slightly above the median price. Similar houses generally sell between €290,000 and €310,000 (source: DVF DGFiP, consulted in 2023). The advantages of this house include its general condition, terrace, and garden, while the disadvantages could be its slightly higher price than average.

The negotiation margin is estimated between 5% and 10%, depending on buyer interest and the duration of the listing.