Kaare tee 1/2, Rae

Kaare tee 1/2 is a 4-story apartment building constructed in 2010, located in Järveküla, comprising 19 apartments. The EHR registry code is 120610376 and cadastral ID is 65301:001:2242. Estiq reports estimated energy class B.

The Estiq AVM model estimate is 3 534 €/m². The valuation range spans 3 234–3 834 €/m². The calculated fair value of a typical 3-room apartment is approximately €235 814.

Based on the 3 534 €/m² benchmark, a 50 sqm apartment is indicatively valued at €176 700 and a 75 sqm apartment at €265 050. Actual value depends on interior condition, floor, parking, and storage.

1-room: €138 539–€164 279; 2-room: €164 267–€194 787; 3-room: €219 495–€260 275; 4-room: €280 309–€332 388.

The model-based indicative asking price is approximately €3 563/m² (for the typical 3-room unit, about €247 605), allowing a 3–5% negotiation buffer.

A 3-room apartment in good condition has an estimated market rent of €900–€1 060 per month, generating an estimated gross yield of 4,6–5,4%.

Data indicates that compact apartment layouts, proximity to transit (241 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 16 recorded incidents in the surrounding ~0.7 km² cell over 24 months (incident level: high). Air: of the last 12 months' hourly readings, 82% were in the two best classes and 3% in the two worst (level: moderate). Estimated road noise at the building is 50 dB (Lden). Radon in soil gas: normal (30–50 kBq/m³). These describe the area, not a specific apartment.

According to the apartment association's 2024 annual report, owners paid on average €3.65/m² per month in total including utilities; a typical flat paid €248 per month. Association fees excluding utilities were €1.38/m² per month, of which €0.65/m² to the repair fund. The association had no loans. For comparison, the median of 31 associations in Järveküla was €1.77/m² per month. From 2022 to 2024 association fees changed by +74% in total. 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.