Kastani tn 39, Tartu

Kastani tn 39 is a 2-story apartment building constructed in 2003, located in Tartu linn linnaosa, comprising 19 apartments. The EHR registry code is 104018762 and cadastral ID is 79506:005:0027. Estiq reports estimated energy class C.

The Estiq AVM model estimate is 3 112 €/m². The valuation range spans 2 739–3 485 €/m². The calculated fair value of a typical 2-room apartment is approximately €179 562.

Based on the 3 112 €/m² benchmark, a 40 sqm apartment is indicatively valued at €124 480 and a 50 sqm apartment at €155 600. Actual value depends on interior condition, floor, parking, and storage.

1-room: €52 915–€67 347; 2-room: €158 015–€201 110.

The strategic recommended listing price is approximately €3 268/m² (for a 2-room unit, about €188 540), allowing a 3–5% negotiation buffer.

A 2-room apartment in good condition has an estimated market rent of €690–€810 per month, generating an estimated gross yield of 4,6–5,4%.

Data indicates that compact apartment layouts, proximity to transit (110631 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.

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.

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.