Graniidi tee 23/3, Rae

Graniidi tee 23/3 is a 3-story apartment building constructed in 2024, located in Rae küla, comprising 16 apartments. The EHR registry code is 121376696 and cadastral ID is 65301:002:1249. Estiq reports energy class A.

The Estiq AVM model estimate is 3 150 €/m². The valuation range spans 2 882–3 418 €/m². The calculated fair value of a typical 2-room apartment is approximately €127 890.

Based on the 3 150 €/m² benchmark, a 40 sqm apartment is indicatively valued at €126 000 and a 50 sqm apartment at €157 500. Actual value depends on interior condition, floor, parking, and storage.

2-room: €121 343–€143 887; 3-room: €184 280–€218 517; 4-room: €189 007–€224 123.

The model-based indicative asking price is approximately €3 308/m² (for the typical 2-room unit, about €134 285), allowing a 3–5% negotiation buffer.

A 2-room apartment in good condition has an estimated market rent of €490–€580 per month, generating an estimated gross yield of 4,6–5,4%.

Data indicates that compact apartment layouts, proximity to transit (409 m to stop), and active district tenant demand are positive investment drivers. Prior to purchasing, inspect individual apartment condition, utility costs, and actual occupancy demand.

Police open data list 8 recorded incidents in the surrounding ~0.7 km² cell over 24 months (incident level: few incidents). Air: of the last 12 months' hourly readings, 86% were in the two best classes and 2% in the two worst (level: moderate). Estimated road noise at the building is 56 dB (Lden). Radon in soil gas: high (100–150 kBq/m³). These describe the area, not a specific apartment.

According to the apartment association's 2025 annual report, owners paid on average €2.40/m² per month in total including utilities; a typical flat paid €157 per month. Association fees excluding utilities were €1.03/m² per month. The repair fund held €8 392 at year end. The association had no loans. For comparison, the median of 174 associations in Rae vald was €2.98/m² per month. From 2024 to 2025 association fees changed by +321% in total; the repair fund went from €1 627 (2024) to €8 392 (2025). See the association figures.

No. For a mortgage the bank needs a certified valuer's report under EVS 875 — order a valuation.

Median error is 9.5% in Tallinn and 12.1% elsewhere in Estonia; 83% of Tallinn estimates fall within ±20% (blind test, May–September 2026). Atypical properties have larger errors — see the methodology.

Sale prices — notarised apartment sales, Maa- ja Ruumiamet; estimates — the Estiq AVM model; building data — building register (EHR); association costs — housing associations' annual reports; noise and air — national noise maps and air monitoring. Figures refresh with every data load and each states its period and sample — see the methodology.