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Estiq Value / Tallinn / Nõmme / Pärnu mnt / Pärnu mnt 498
✓ Verified May 1, 2026 Nõmme · Tallinn

Pärnu mnt 498, Tallinn

Built in 1962, this 2-story residential building is located in Nõmme linnaosa · 12 apartments · energy class B.

Pärnu mnt 498, Tallinn hoone ja korterite väärtuskaart
2 floors 12 apartments EHR 101023931 ↗ Cadastre 78404:408:7271 100% Residential Land (Freehold)

Estiq consolidates apartment price levels, AVM valuation, market trends, micro-location, living environment, EHR technical parameters, and official registry certificates in one view.

Value your apartment in this building → Consult a Nõmme specialist

Automated Market Valuation & Building Benchmark

Pärnu mnt 498 is a 2-storey residential building built in 1962, with 12 apartments, energy class B. The Estiq AVM benchmark is €2 990/m², 4.1% below the Nõmme median (notarised apartment transaction median €3 118/m²).

Pärnu mnt 498 is a 2-storey residential building completed in 1962 in Nõmme, with 12 apartments. Load-bearing structure: Brick / Masonry (EHR register). The most common unit type is 2-room apartments (6 of them). Energy class B (per energy certificate).

Based on the Estiq valuation model and Land Board transaction registries, the building price benchmark is 2 990 €/m², which is approximately 4.1% below the Nõmme median (notarised apartment transaction median €3 118/m²). The building demonstrates high transaction liquidity for 2-room units, with a typical market value of around €120 796.

✓ Well Suited For

First-time home buyers, 1–2 person households, and rental investors.

⚠ Key Considerations

Energy class B, open surface parking, and 1962 construction vintage.

€460–€540/mo

Modelled monthly rent for a 2-room unit (not a market measurement).

4,6–5,4%

Estimated gross rental yield for investment.

Apartment Prices & Room Breakdown

Official Building Register (EHR) apartment types and Estiq valuation ranges.

Apartment Count Typical Size €/m² Value Range
1-room 3 28 – 28.6 m² €3 140 €78 199–€99 525
2-room 6 39.8 – 40.8 m² €2 990 €106 300–€135 292
3-room 3 52.9 m² €2 870 €133 604–€170 042
Most units in the building vary: actual transaction prices depend directly on floor level, interior condition, basement storage, and parking rights.

Apartment Instant Valuation Calculator

Building benchmark + apartment-specific attributes. Select parameters to see calculated fair market value.

1-room · 28.3 m² 2-room · 40.4 m² 3-room · 52.9 m²
− 40,4 m² +
Needs repair −10% Good condition Renovated +10%
1st floor −2% Middle floor Top floor
Balcony / loggia +€3 000 Basement storage +€2 000 Parking space +€5 000
Calculated Fair Market Value
€125 796
ca €3 114 / m² · model estimate
Suggested Listing Price €132 086
Expected Monthly Rent €460–€540/mo
Price per m² €3 114/m²
Negotiation buffer 3–5%
Methodology: automated statistical AVM valuation based on official Land Board sales records. Does not substitute a certified appraisal report under EVS 875 standards.

Estiq Building Scorecard™

8-dimensional audit of living environment, safety, infrastructure, and market liquidity.

Composite Score
6,6 / 10
Location & Transit8,8

Rohula stop 256 m / 3 min; fast connection to city centre.

Weight 20%
Education & Schools4,0

Tallinna Pääsküla Kool 779 m; state exams rating 34.7/100; kindergarten 4450 m.

Weight 15%
Air Quality & Environment4,7

AQI 1 (good), noise level 65 dB (loud), modelled (Lden), nearest park Glehni park 2451 m. Sources: Estiq noise model (CNOSSOS-EU); Estiq air-quality index derived from Keskkonnaagentuur data.

Weight 10%
Safety & Crime Risk7,3

Police open data (PPA): stable local safety baseline (1y trend: +14.1%), compliant fire safety standards.

Weight 10%
Condition & Vintage6,3

Built in 1962; load-bearing structure Brick / Masonry.

Weight 15%
Energy Efficiency & Heating8,9

EHR / KredEx registered energy class B; heating type District Heating.

Weight 10%
Lifestyle & Infrastructure4,5

Glehni park 2451 m; grocery stores 5067 m.

Weight 10%
Market Liquidity & Demand7,6

Land Board transaction volume in this micro-location (123 transactions over 12–18 mo. in the "built 1940-1970" cohort).

Weight 10%

Price Trends & Sales Strategy

Transactions in last 12 months · Land Board · Nõmme · built 1940-1970 cohort.

Quarterly sales price €/m² (Sample: 123 deals · built 1940-1970)
Sales ✨ Next Q Forecast +14.8% YoY
Pärnu mnt 498 AVM benchmark: €2 990/m² €2 709 2025 Q2 22 deals €2 762 2025 Q3 35 deals €2 799 2025 Q4 30 deals €2 977 2026 Q1 24 deals €3 109 2026 Q2 12 deals €3 170 2026 Q3 ✨ Forecast

Sales Strategy

AVM Fair Market Value
€2 990/m²
Price Band
€2 631–3 349
Suggested Listing Price
€126 836
Asking Price€3 140/m²
Negotiation room~3–5%

Location Map & 10-Min Proximity

Within a 10-minute walk, there are 8 key infrastructure facilities · Coordinates 59.367731, 24.634848 · Cadastre 78404:408:7271.

🚏 Rohula stop
Transit Stop · Bus / Local transit
256 m · 3 min
🚏 Pääsküla jaam stop
Transit Stop · Bus / Local transit
281 m · 4 min
🚏 Pääsküla stop
Transit Stop · Bus / Local transit
336 m · 4 min
🚏 Pääsküla stop
Transit Stop · Bus / Local transit
336 m · 4 min
🎓 Tallinna Pääsküla Kool
School · Exam rating: 34.7/100
779 m · 10 min
🌳 Glehni park
Park · Roheala
2451 m · 33 min
🧒 Tallinna Männikäbi Lasteaed
Kindergarten · Alusharidus
4450 m · 59 min
🛒 Magistrali Keskus Rimi Hyper
Supermarket · Supermarket
5067 m · 68 min
Exceptional walking accessibility underpins the strong micro-location rating of this building.

Neighborhood Vintage & Demographics: Nõmme linnaosa

Official open data from Statistics Estonia REL2021 census and Building Register EHR.

Resident Age Distribution

34 680 residents
0–17 (Children & youth) 20.2% · 7 011
18–64 (Working age) 59.7% · 20 690
65+ (Seniors & retirees) 20.1% · 6 979

Education Level (15+)

28 980 residents
Basic or primary education 13.9% · 4 023
Secondary / vocational education 36.2% · 10 479
Higher education (BSc, MSc, PhD) 48.1% · 13 935
Education unknown 1.9% · 543

Construction Era & Housing Stock

15 620 dwellings
Pre-War & Historic (< 1945) 16.3% · 2 545
Soviet Era (1946–1990) 68% · 10 629
Post-Independence (1991–2010) 11.9% · 1 866
Modern Developments (2011+) 3.2% · 506

Peak construction era: 1946–1960.

Energy Efficiency Distribution A–G

15 620 dwellings
A 1% · 152
B · this building 2.3% · 354
C 3.9% · 603
D 8.1% · 1 263
E 68.5% · 10 703
F–G 16.3% · 2 545

Building Technical Profile (At a Glance)

Official parameters verified against EHR and Land Board registries.

Year Built1962
Total Apartments12
Floors2
Energy ClassB
Land Ownership100% Residential Land (Freehold)
Plot Size5 378 m²
Heating SystemDistrict Heating
Load-bearing StructureBrick / Masonry
Elevators0
Staircases2
Parking Spaces24
Noise Level65 dB · loud

EHR Technical Audit & Official Registries

Technical compliance, fire safety, elevator inspections, cadastre, and audit records.

Audits Valid

EHR · Building Register

Code 101023931 · primary occupancy permit issued.

Occupancy Permit Active

Brick / Masonry. According to EHR records, there are no outstanding enforcement orders.

View in Building Register (EHR) ↗

Rescue Board Fire Safety Inspection

Periodic inspection completed.

Fully Compliant

Evacuation corridors clear, fire barrier doors compliant, smoke extraction systems tested.

CPRA (TTJA) Elevator & Equipment Audit

0 passenger elevators have passed periodic technical inspection.

Valid

Elevators comply with applicable TTJA safety standards.

Cadastral & Land Use Status

78404:408:7271 · plot area 5 378 m².

100% Residential Land (Freehold)

Official designated purpose of the property is 100% residential land.

Apartment buildings on Pärnu mnt

72 buildings on the street · street median €3 718/m² (n=72) · real-time filterable comparison.

Address Year Built Estiq €/m² Typical Unit Energy Class
Pärnu mnt 5 1900 €4 783 ~€235 307 C ~ View →
Pärnu mnt 6 1933 €4 918 ~€241 977 H View →
Pärnu mnt 8 1937 €4 632 ~€227 910 E ~ View →
Pärnu mnt 21/1 2002 €4 328 ~€212 914 E ~ View →
Pärnu mnt 21/2 2026 €4 158 ~€204 594 C View →
Pärnu mnt 23 1934 €4 234 ~€208 302 E ~ View →
Pärnu mnt 25 1963 €4 284 ~€210 763 G View →
Pärnu mnt 27 1928 €4 303 ~€211 720 C ~ View →
Pärnu mnt 498 This building 1962 €2 990 ~€120 796 B Active

Official Data Sources & Registry Verification

Direct data linkages, authoritative registries, and update timestamps.

Data Dimension Official Source Governing Authority Last Verified Status
Building Specs & Occupancy Permit EHR · 101023931 Ministry of Regional Affairs last synced · 01.05.2026 Valid
Cadastral Unit & Land Zoning Land & Spatial Board · 78404:408:7271 Land & Spatial Board last synced · 01.05.2026 Confirmed
Notarized Sales Transactions Land Board Transactions Database Land & Spatial Board last synced · Q2/Q3 2026 Synchronized
Demographics & Census Data Population Register & RL21 Statistics Estonia annual (2021 census) Official
Safety & Environmental Monitoring Noise Maps, Air Quality & Police Police Board / Environment Agency last synced · 01.05.2026 Checked
Market Rent & Gross Yield Model assumption: 4,6–5,4% gross yield on the Estiq AVM value; the monthly rent is derived from it, not measured Estiq AVM 2026 model parameters Statistical
Valuation Methodology Estiq AVM EVS 875 Valuation Framework 2026 model weights Statistical

Building Energy Rating Guide

The energy performance certificate reflects the heating efficiency and energy consumption intensity of the building.

A Nearly Zero Energy Building Extremely low energy demand
B · this building Low Energy Building Very high thermal performance
C Energy Efficient Good standard efficiency
D Average / Refurbished Moderate heating expenses
E Higher Energy Demand Noticeable heat loss; typical of older housing stock
F–G High / Very High Consumption Requires substantial energy efficiency renovation

Key Risk Factors

  • Built in 1962: technical utility systems require periodic updating and capital maintenance.
  • energy class B: low-energy building with efficient and stable winter heating costs.
  • Parking: on-grade surface parking on parcel/street; no separate underground garage.
  • Valuation nuance: bank collateral value for a specific unit depends fundamentally on interior finish.

Frequently Asked Questions (FAQ)

Structured answers compiled for buyers, sellers, search engines, and AI systems.

What building is located at Pärnu mnt 498, Tallinn?

Pärnu mnt 498 is a 2-story apartment building constructed in 1962, located in Nõmme linnaosa, comprising 12 apartments. The EHR registry code is 101023931 and cadastral ID is 78404:408:7271. Estiq reports energy class B.

What is the average price per sqm and market value for apartments at Pärnu mnt 498?

The Estiq AVM model estimate is 2 990 €/m². The valuation range spans 2 631–3 349 €/m². The calculated fair value of a typical 2-room apartment is approximately €120 796.

How much does a 40 sqm or 50 sqm apartment cost at Pärnu mnt 498?

Based on the 2 990 €/m² benchmark, a 40 sqm apartment is indicatively valued at €119 600 and a 50 sqm apartment at €149 500. Actual value depends on interior condition, floor, parking, and storage.

How are apartment prices distributed by room count?

1-room: €78 199–€99 525; 2-room: €106 300–€135 292; 3-room: €133 604–€170 042.

At what asking price should a seller list?

The strategic recommended listing price is approximately €3 140/m² (for a 2-room unit, about €126 836), allowing a 3–5% negotiation buffer.

How much rental income can a 2-room apartment generate?

A 2-room apartment in good condition has an estimated market rent of €460–€540 per month, generating an estimated gross yield of 4,6–5,4%.

Is Pärnu mnt 498 a good rental investment?

Data indicates that compact apartment layouts, proximity to transit (256 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.

Does the Estiq online valuation replace a bank-certified appraisal?

No. Estiq AVM is a data-driven statistical benchmark. Mortgage financing applications require a certified appraisal report performed by a licensed appraiser in accordance with EVS 875 standards.

How accurate is the Estiq automated valuation (AVM)?

The Estiq AVM reports a confidence band by comparable-transaction volume: ±5–8% where comparables are plentiful, ±10–14% with moderate data, ±18–25% where data is sparse. Accuracy is higher in active areas and lower for atypical properties. It is a statistical benchmark, not an EVS 875 report. See the methodology page.

Building data reconciled against the EHR and Land Board (Maa-amet) registries. AVM methodology by Martin Koppel, Estiq real estate valuation advisor (methodology aligned with the EVS 875 standard). This is an automated model estimate, not an EVS 875 appraisal report. Updated 01.05.2026.

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