Real estate: these ingredients that explain why one street costs more than another

Real estate: these ingredients that explain why one street costs more than another
Real estate: these ingredients that explain why one street costs more than another

If real estate prices often attract interest and curiosity, it is also because of the trends and oddities that they can reveal. Of course, there is the average: a purchase price, for equivalent surface area, will generally be higher by the sea than in the open Breton countryside. Behind these major assumptions, each neighborhood has its characteristics – and its price. Even on the scale of a neighborhood, within a few hundred meters in the same city, prices sometimes inflate. What ingredients are at work?

1 House or apartment

The distinction may seem so general that we forget its obviousness: a sale of a house or apartment does not cover the same demand, nor the same prices. In our ranking of the most expensive streets in Breton towns, these types of sales are combined, in order to highlight more areas and focus on the price comparison. It’s no coincidence that most of the most expensive streets have almost entirely houses.

Across Brittany, the sale price per square meter of a house is lower than that of an apartment. However, this reflects the mainly urban location of the apartments. At the scale of the municipality of Brest, transactions in 2023 sign a sale price of 2,500 euros per m² for a house, compared to 2,100 euros for apartments. In Vannes, it is 4,500 euros compared to 3,800 euros. In Morlaix, 1,900 euros compared to 1,500 euros. More popular, particularly since covid, houses also have larger surfaces. Their selling price therefore often tends to be higher.

  • 2 Location: environment and equipment

Second key element: the location of the street and the goods to be purchased located there. “What brings added value is everyday infrastructure,” explains Charles Marinakis, president of the Century 21 real estate agency network. Shops, public services and childcare facilities nearby result in a additional enthusiasm for a neighborhood. From this point of view, areas close to a city center derive their real estate from the game. “This involves administrative developments, schools, nurseries, high schools, a town hall… Also, transport connections: metro, tram, bus. A supermarket, a market, access to foodstuffs also plays a role. » In short, “everything that supports daily life”.

The most expensive streets in Saint-Brieuc The most expensive streets in Brest The most expensive streets in Rennes The most expensive streets in Quimper The most expensive streets in Lorient The most expensive streets in Vannes The most expensive streets in Morlaix The most expensive streets in Lannion The most expensive streets in Saint-Malo The most expensive streets in Dinard

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