2-room flat, Annelinn
Tartu
- 52 m²
- 2 rooms
- Floor 4 of 5
- Built 1978
- Energy class E
- 64 days on market
The answer
The price is above the fair range.
+6% against the midpoint
- Fair range
- €114,000 – €128,000
- Midpoint
- €121,500
- Confidence
- Medium
- 23 comparable sales and listings
About €630 a month
- Loan payment
- €517
- Heating, winter month
- €85
- Repair fund
- €23
- Insurance
- €9
Assumes 15% down payment, 3.9% interest a year, 30 years. Illustrative, not a loan offer.
4 things the listing doesn't say
High
Floor area doesn't match the register
The listing says 52 m², the building register 49.1 m². That's a 6% gap, so the real price per square metre is higher than the listing shows.
Source: Building register
Medium
Energy class E
Winter heating could run to about €70–110 a month. Ask for last winter's bills month by month.
Source: Building register, energy label
Medium
The housing association has a renovation loan
The loan payment is part of the monthly fee. Ask for the balance, the end date and whether new works are planned.
Source: Business register, annual report
Note
Listed for 64 days
The price has been cut once. A long time on market usually leaves room to negotiate.
Source: Listings database
Similar homes nearby
This listingOn sale 64 d
52 m² · €129,000 · 2,481 €/m²
2 rooms, renovatedOn sale 12 d
53 m² · €129,000 · 2,434 €/m²
2 rooms, 2nd floorOn sale 21 d
54 m² · €124,900 · 2,313 €/m²
2 rooms, 5th floorRemoved after 38 d
50 m² · €117,500 · 2,350 €/m²
2 rooms, 3rd floorRemoved after 55 d
48 m² · €112,000 · 2,333 €/m²
The area's price per m² rose 6% in 24 months
Ask the seller before you make an offer
- Has the floor area been measured, and why does it differ from the building register?
- What were last winter's heating bills, month by month?
- What is the housing association's loan balance and the monthly payment per square metre?
- When were the pipes, wiring and windows replaced?
- Why is the home for sale, and how flexible is the handover date?
Want me to look the home over?
The data shows the direction. On site I see with a builder's eye whether the floor area, windows, heating and roof match the price.