The read

A reconstruction project on a quiet Pirita street. Asking sits below fair value, with most of the upside in the renovation the price does not yet reflect.

What moved the score

• Priced below fair value Asking is -7.7% under the modelled estimate for this building and floor.
• Below-median €/m² €1,437/m² vs €3,240/m² Tallinn median.
• Rising local market Tallinn prices up 4.1% over the last 12 months.
• Sought-after location Pirita is among the area's most in-demand addresses.
• Established building Built in 1972.