Kaare tee 3/2, Rae

Kaare tee 3/2 is a 4-story apartment building constructed in 2015, located in Järveküla, comprising 19 apartments. The EHR registry code is 120660796 and cadastral ID is 65301:001:2243. Estiq reports energy class E.

The Estiq AVM model estimate is 2 589 €/m². The valuation range spans 2 369–2 809 €/m². The calculated fair value of a typical 3-room apartment is approximately €172 211.

Based on the 2 589 €/m² benchmark, a 50 sqm apartment is indicatively valued at €129 450 and a 75 sqm apartment at €194 175. Actual value depends on interior condition, floor, parking, and storage.

1-room: €98 733–€117 076; 2-room: €134 319–€159 274; 3-room: €161 211–€191 162; 4-room: €206 231–€244 547.

The model-based indicative asking price is approximately €2 609/m² (for the typical 3-room unit, about €180 822), allowing a 3–5% negotiation buffer.

A 3-room apartment in good condition has an estimated market rent of €660–€770 per month, generating an estimated gross yield of 4,6–5,4%.

Data indicates that compact apartment layouts, proximity to transit (230 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.

Association fees excluding utilities were €0.80/m² per month, of which €0.06/m² to the repair fund. The repair fund held €45 134 at year end. The association had no loans. From 2021 to 2025 association fees changed by −0.9% in total; the repair fund went from €26 223 (2022) to €45 134 (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.