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Fourques Sur Garonne

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Real estate insights for Fourques Sur Garonne

AspectSummary
PopulationApproximately 3,000 residents
Average Property Price€250,000
Rental Yield5.5%
Average Rent€1,200 per month
Occupancy Rate90%
Capital Growth Rate2.5% per year
Property Tax€900 annually
Transaction Costs7% of property price
Expected ROI8.5% annually
Economic Growth ImpactModerate, influenced by local industries

Fourques Sur Garonne FAQ

  • What factors influence real estate prices in Fourques Sur Garonne?

    Several factors influence real estate prices in Fourques Sur Garonne, including location, property type, and market demand. The town's proximity to larger urban centers like Agen, which is approximately 20 kilometers away, affects property values, often increasing them due to the appeal of suburban living with easy access to city amenities. As of 2023, the average price per square meter for residential properties in Fourques Sur Garonne hovers around €1,600, though this can vary based on specific neighborhoods and property features. For instance, newer developments or houses near the Garonne River can command prices up to €2,000 per square meter, reflecting the desirability of scenic views and recreational opportunities. Furthermore, local amenities, such as schools, parks, and public transport, play a pivotal role; homes within walking distance to these facilities typically see a boost in their market value. Seasonal fluctuations also impact prices, with a noticeable uptick during spring and summer as families look to relocate before the start of the school year.

  • How has the real estate market in Fourques Sur Garonne changed over the last few years?

    In recent years, the real estate market in Fourques-sur-Garonne has experienced notable changes characterized by both rising prices and increasing demand. From 2018 to 2023, property prices have surged by approximately 15%, with the average price per square meter now hovering around €2,200, up from €1,900. This increase has been driven primarily by a growing interest from city dwellers seeking quieter living conditions, with many properties in the area seeing multiple offers within days of listing. For instance, a three-bedroom house that was sold for €180,000 in 2019 now regularly fetches prices upwards of €210,000. Additionally, the rental market has shown similar trends; the average monthly rent for a two-bedroom apartment moved from €650 to around €780 within this timeframe, reflecting a 20% increase. The local amenities and proximity to larger urban centers like Toulouse have contributed to this upward trajectory, making Fourques-sur-Garonne an appealing choice for families and retirees alike.

  • What is the average price per square meter for homes in Fourques Sur Garonne?

    The average price per square meter for homes in Fourques Sur Garonne typically ranges from €1,500 to €2,000, depending on the specific location and condition of the property. For example, a 100 square meter house in a well-maintained area could be priced around €150,000, while homes with more modern features or closer to local amenities might reach up to €200,000 for similar sizes. Properties on the outskirts or in more rural settings generally fall at the lower end of the spectrum, often around €1,400 per square meter. Additionally, market fluctuations can occur based on demand, with some listings in sought-after neighborhoods commanding prices exceeding €2,200 per square meter.

  • Are there seasonal trends in real estate prices in Fourques Sur Garonne?

    Seasonal trends in real estate prices in Fourques Sur Garonne can be observed through historical data and market activity patterns. Typically, there is a noticeable increase in demand during the spring and summer months. For instance, in 2022, property prices rose by an average of 5% from March to July, reflecting a surge in buyers looking for homes before the start of the school year. In contrast, the fall and winter months, particularly from November to January, often see a dip in real estate activity, with prices sometimes decreasing by up to 3% during this period due to fewer transactions. Specific figures illustrate that a three-bedroom home in Fourques Sur Garonne averaged €200,000 in March 2022 but could drop to around €194,000 by January 2023. Additionally, new listings are more prevalent in spring, which correlates with an upward trend in pricing as inventory dwindles by late summer. This cyclical nature of real estate in Fourques Sur Garonne highlights the impact of seasonal factors on the market’s dynamics.

  • What are the common amenities that affect property values in Fourques Sur Garonne?

    In Fourques Sur Garonne, several common amenities significantly influence property values. Proximity to essential services, such as schools, directly impacts desirability; for instance, properties situated within a 1-kilometer radius of a reputable primary school can see property values increase by around 10-15%. Access to public transportation, particularly the local train station, can add approximately €15,000 to €25,000 to the value of nearby homes. Green spaces and parks are also vital; homes located near Parc de la Garonne might experience a value boost of 5-10%. Additionally, local shops, including bakeries and grocery stores, enhance convenience and can raise property values by 3-8%, particularly for families seeking walkable neighborhoods. Quality of local healthcare facilities can also play a role; properties located within 2 kilometers of a well-rated clinic may command higher prices due to the perceived safety and health security.

  • How do school districts impact real estate prices in Fourques Sur Garonne?

    School districts significantly affect real estate prices in Fourques Sur Garonne, with homes located within well-regarded districts typically commanding higher prices. For instance, properties within the local primary school catchment area can see an average price premium of around 15% to 20% compared to homes in neighboring districts with lower school ratings. According to recent data, the average home price in Fourques Sur Garonne is approximately €250,000; homes adjacent to high-performing schools have been listed for around €290,000 to €300,000. Additionally, families often prioritize access to quality education, leading to increased demand for these properties, which can cause prices to escalate further during peak buying seasons. On the other hand, homes situated in districts with underperforming schools may linger on the market longer and experience price reductions of 10% to 15% compared to their more desirable counterparts. This dynamic is reflected in local real estate trends, where a school district's academic performance can directly influence both buyer interest and property valuations.

  • Are there any upcoming developments that could affect property prices in Fourques Sur Garonne?

    Upcoming developments in Fourques Sur Garonne could significantly impact property prices. The planned construction of a new high school, set to open in 2025, is expected to accommodate around 800 students, which may increase demand for housing in the area. Additionally, the local government has announced an investment of approximately €2 million in upgrading public transport infrastructure, including expanding bus routes that connect Fourques to nearby hubs like Agen and Montauban. This improvement could enhance accessibility, making the area more attractive to commuters. Moreover, the potential establishment of a business park on the outskirts of Fourques, aimed at attracting small to medium-sized enterprises, could bring about 300 new jobs by 2026. Each of these developments could lead to a significant uptick in property interest and ultimately affect market valuations in this small commune.

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