Riia tn 24a, Tartu

Riia tn 24a is a 4-story apartment building constructed in 1997, located in Tartu linn linnaosa, comprising 3 apartments. The EHR registry code is 104014702 and cadastral ID is 79506:009:0033. Estiq reports estimated energy class D.

The Estiq AVM model estimate is 2 002 €/m². The valuation range spans 1 762–2 242 €/m². The calculated fair value of a typical 2-room apartment is approximately €98 498.

Based on the 2 002 €/m² benchmark, a 40 sqm apartment is indicatively valued at €80 080 and a 50 sqm apartment at €100 100. Actual value depends on interior condition, floor, parking, and storage.

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The strategic recommended listing price is approximately €2 102/m² (for a 2-room unit, about €103 423), allowing a 3–5% negotiation buffer.

A 2-room apartment in good condition has an estimated market rent of €380–€440 per month, generating an estimated gross yield of 4,6–5,4%.

Data indicates that compact apartment layouts, proximity to transit (111186 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.