Tallinn, Valdeku tn 118a korteriühistu
Association of 90 flats. Sharp rise in association fees: +36% (2025); repair fund grows every year; large repair fund.
Valdeku tn 118a korteriühistu is a 90-flat apartment association in Nõmme district, Tallinn. Per its 2025 annual report, a typical flat paid the association €169 a month; total costs including utilities were €3.68/m² a month (within the usual local range, Männiku subdistrict).
The repair fund held €216 283 at year end (€50/m², ≈ €2 403 per flat), growing every year since 2022 (€88 763) — highest quarter locally. It has no loan. Member fees rose 94% in 2022–2025 (€30 828 → €59 826 a year).
There are 25 associations with reports on the same street and within 500 m; their median is €2.89/m² a month in costs and €16/m² of repair fund. Source: the association's annual reports (e-Business Register), floor area from the Building Register.
Building: Valdeku tn 118a, Tallinn. Data: the association's annual reports 2022–2025 (e-Business Register), the latest for 2025.
All figures: the association's 2025 annual report; €/m² = per m² of flats (4 363 m², Building Register); "a month" = yearly amount ÷ 12.
What an owner pays the association each month in total, usually including heating, water and electricity.
The association's own charges without utilities: upkeep, management, repair fund, loan.
Money saved for future repairs. A bigger balance means less risk of a sudden extra charge.
The association's joint loan (usually for renovation). Repayments are part of the monthly fees.
! Worth watching
- Sharp rise in association fees: +36% (2025)€43 992 (2024) → €59 826 (2025)
✓ Strengths
- Repair fund grows every year€88 763 → €216 283 (2022–2025)
- Large repair fund€50/m² — highest quarter locally
Location and neighbouring associations
Associations on the same street and within 500 m, each by its latest report. The large dot on the map is this association. All associations and rankings in the area →
Compared with 25 neighbouring associations (median): total costs €2.89 (here €3.68) · fees €1.05 (here €1.14) · repair fund €16/m² (here €50)
On the same street: Valdeku tn
| Association | Distance | Flats | Total owner costs €/m²/mo | Association fees €/m²/mo | Repair fund balance €/m² | Loan balance | Year |
|---|---|---|---|---|---|---|---|
| Valdeku tn 118a (this one) | – | 90 | €3.68 | €1.14 | €50 | no | 2025 |
| Valdeku tn 8 | 1 680 m | 11 | €3.41 | €0.50 | €20 | no | 2025 |
| Valdeku tn 9 | 1 610 m | 4 | – | €1.40 | – | no | 2025 |
| Valdeku tn 17 | 1 430 m | 8 | €0.51 | €0.16 | €9 | no | 2025 |
| Valdeku tn 19 | 1 360 m | 6 | €3.57 | €0.99 | €18 | no | 2025 |
| Valdeku tn 62 | 1 030 m | 7 | €3.91 | €0.32 | €401 | no | 2025 |
| Valdeku tn 102 | 290 m | 56 | – | €3.72 | – | no | 2025 |
| Valdeku tn 105 | 310 m | 187 | – | – | – | no | 2025 |
| Valdeku tn 108 | 220 m | 65 | €2.63 | €1.22 | €8 | no | 2025 |
| Valdeku tn 112 | 150 m | 90 | €2.92 | €0.72 | €25 | no | 2025 |
| Valdeku tn 112a | 150 m | 60 | €2.27 | €0.68 | €2 | no | 2025 |
| Valdeku tn 116 | 50 m | 60 | €2.50 | €0.72 | €6 | €5 472 | 2025 |
| Valdeku tn 118 | 60 m | 48 | €3.81 | €0.98 | €14 | €222 610 | 2025 |
| Valdeku tn 120 | 110 m | 24 | €2.12 | €0.48 | – | no | 2025 |
| Valdeku tn 122 | 180 m | 18 | €4.37 | €2.33 | €14 | no | 2025 |
| Valdeku tn 158 | 1 580 m | 28 | €3.51 | €1.13 | €20 | no | 2025 |
| Neighbours' median | €3.17 | €0.85 | €14 |
Nearby (within 500 m)
| Association | Distance | Flats | Total owner costs €/m²/mo | Association fees €/m²/mo | Repair fund balance €/m² | Loan balance | Year |
|---|---|---|---|---|---|---|---|
| Valdeku tn 118a (this one) | – | 90 | €3.68 | €1.14 | €50 | no | 2025 |
| Kraavi tn 11 | 110 m | 14 | €2.21 | €0.51 | – | no | 2025 |
| Kraavi tn 13 | 130 m | 18 | €4.00 | €1.85 | €30 | no | 2025 |
| Võidu tn 56 | 150 m | 72 | €2.56 | €1.95 | €6 | no | 2025 |
| Nelgi tn 29 | 180 m | 80 | €3.17 | €2.04 | €20 | no | 2025 |
| P. Kerese tn 50 | 200 m | 4 | – | €1.17 | – | no | 2025 |
| Pihlaka tn 14 | 210 m | 60 | – | €0.64 | – | no | 2025 |
| Pihlaka tn 8 | 210 m | 12 | €2.85 | €0.55 | – | €35 100 | 2025 |
| Pihlaka tn 6 | 220 m | 14 | €2.16 | €1.60 | €0 | no | 2025 |
| Männiku tee 90 | 220 m | 11 | €3.53 | €1.85 | – | €12 212 | 2025 |
| Nelgi tn 31 | 230 m | 72 | €2.84 | €1.11 | €34 | no | 2025 |
| Neighbours' median | €2.84 | €1.39 | €20 |
What owners pay for
Fees by type in 2025, as written in the report. "Average flat" = amount ÷ 90 flats ÷ 12; a bigger flat pays more.
| Fee | What it covers | Per year | €/m²/month | Average flat / month | Year before |
|---|---|---|---|---|---|
| Haldamine | €13 933 | €0.27 | €13 | €13 409 | |
| Heakord | €13 103 | €0.25 | €12 | €12 593 | |
| Tehnohooldusday-to-day upkeep and small fixes | day-to-day upkeep and small fixes | €4 762 | €0.09 | €4 | €4 681 |
| Omanikukohustused | €1 005 | €0.02 | €1 | €974 | |
| Remonditasudsaved in the repair fund for future works | saved in the repair fund for future works | €27 023 | €0.52 | €25 | €12 335 |
| Total | €59 826 | €1.14 | €55 |
Fee names as written in the report.
Compared with Männiku subdistrict
Green band = the middle half of the area's associations (2025), tick = median, dot = this association.
Association fees per year
All flats together, excluding utilities.
Repair fund and works
The repair fund is the association's savings for the roof, pipes, façade and so on. When it grows, more is saved than spent; when it shrinks, the money has gone into repairs.
Repair fund balance
Saved and not yet spent, at year end.
Money in and out
When the collected bar is taller the fund grew; when spending is taller, savings were used.
Repair fund at the end of 2025: €216 283 = €50/m² ≈ €2 403 per flat
Works done, per the reports
Loans
An association loan is shared by all owners: when a flat is sold, its share stays with the building, not the seller. That is why a buyer should know the balance and the end date.
The association had no loan at the end of 2025.
All figures by year
The last column is the change from the first year to the latest: green = good news for owners, orange = a cost or risk is growing.
| 2025 | 2024 | 2023 | 2022* | Change | |
|---|---|---|---|---|---|
| Association fees per year | €59 826 | €43 992 | €42 000 | €30 828 | +94% |
| Collected into the repair fund | €65 451 | €44 507 | €36 653 | – | +79% |
| Repair spending | €27 023 | €12 335 | €12 595 | €3 241 | ×8.3 |
| Repair fund balance | €216 283 | €173 791 | €120 675 | €88 763 | +144% |
| Cash | €231 580 | €196 361 | €151 414 | €113 675 | +104% |
| Reserve capital | €10 000 | €10 000 | €8 800 | €8 800 | +14% |
| Association expenses (income statement) | €58 387 | €45 501 | €38 991 | €25 748 | +127% |
| Result for the year | €1 639 | −€1 206 | €3 115 | €5 764 | – |
* from the comparative column of the following year's report.
"Of which repair fund" is hidden: the figure read from the report matched repair spending.
Cash at year end
Money in the bank (incl. the repair fund).
Board's management report
Short summary of the 2025 report.
Tallinn, Valdeku tn 118a korteriühistu, registrikood 80184244, asutati 15. aastal ja kanti Tallinna Linnakohtu mittetulundusühingute ja sihtasutuste registrisse 12.
members: 87 private + 2 companies.
See also
Frequently asked questions
What are the running costs of the Valdeku tn 118a apartment association?
Per the association's 2025 annual report: total owner costs of €3.68/m² per month including utilities; a typical flat paid €169 a month; the association's own fees excluding utilities €1.14/m² per month. The Männiku subdistrict median was €3.15/m² per month.
How big is the repair fund of the Valdeku tn 118a apartment association?
The repair fund held €216 283 at the end of 2025 (€50/m², ≈ €2 403 per flat). In 2022 it was €88 763. Compared with Männiku subdistrict: highest quarter locally.
Does the Valdeku tn 118a apartment association have a loan?
No. The association had no loan at the end of 2025.
Have the fees of the Valdeku tn 118a apartment association gone up?
Member fees totalled €30 828 in 2022 and €59 826 in 2025 — a change of +94%. Latest year: +36% vs 2024.
How does the Valdeku tn 118a apartment association compare with neighbouring buildings?
There are 25 associations with reports on the same street and within 500 m. Their median: total costs €2.89/m² per month (here €3.68/m² per month); repair fund €16/m² (here €50/m²).
How big is the Valdeku tn 118a apartment association and who manages it?
90 flats. Registry code 80184244; reports 2022–2025 (e-Business Register).
Terms in plain words
- Total owner costs (€/m² a month, incl. utilities)
- Everything owners paid the association (the report's flat table), heating, water and electricity included, divided by the flats' floor area and 12 months. Closest to what an owner actually pays each month.
- Association fees (€/m² a month, excl. utilities)
- The association's own charges — upkeep, management, repair fund, loan, insurance — without utilities, per m² of flats a month.
- Typical flat per month (€ a month)
- The median flat's yearly charge in the report's flat table, divided by 12. Half of the flats pay more, half less.
- Repair fund balance (€ at year end)
- Money saved for future repairs and not yet spent, at the end of the financial year.
- Repair fund balance (€ per m² of flats)
- The repair fund balance divided by the flats' floor area, so buildings of any size compare. Not a monthly charge.
- Repair-fund charge (€/m² a month)
- The part of the fees that goes into the repair fund.
- Loan balance (€ at year end)
- The unpaid part of the association's loan at year end. It stays with the building when a flat is sold; repayments are part of the monthly fees.
- Association fees per year (€, all flats together)
- The same charges as a yearly total for all flats (the report's "member fees").
- Association expenses (income statement) (€ a year)
- The association's own expenses for the year per its accounts (upkeep, management, repairs, interest). Not the same as the owners' "total owner costs".
- Reserve capital (€)
- The association's buffer for unexpected costs. By law at least 1/12 of its budgeted annual costs.
- Cash (€ at year end)
- Money in the bank at year end, the repair fund included.
- Result for the year (€)
- Income minus expenses. An association is not for profit: a small plus or minus is normal; several large losses in a row mean costs are paid from reserves.
We read the association's reports, meeting decisions and the price, and tell you what to watch.
Source: apartment association annual reports (e-Business Register); floor area: Building Register. Figures are machine-read from the reports and may contain reading errors — check the original report in the e-Business Register before deciding. How the figures are made (methodology) · Checklist before buying. Flats' floor area 4 363 m².