Appraisal


Real estate appraisal is a process during which the market price of real estate is determined. An apartment, house, plot of land, commercial space or other property in the cadastral registry can be the object of appraisal.

We perform expert appraisals for the following:
– to determine the market price of loan securities;
– financial reporting;
– to determine the right sale price;
– to inform investing decisions;
– on account of legal disputes;
– to ascertain the starting price at auctions;
– on the client’s demand for other cases

LVM Real Estate has been involved with real estate appraisal since 1993. Our expert appraisals are in concordance with the Code of Best Practice established by the Estonian Association of Appraisers (EKHÜ). Our appraisals are grounded in Estonian National property appraisal standards EVS 875. The appraisal is presented as a written expert appraisal. Our expert appraisals are accepted by all credit and financial institutions. Banks are presented with digitally signed e-appraisals, which ensures the speed and confidentiality of the appraisals.

LVM Kinnisvara OÜ is staffed with highly experienced and academically certified professionals, who are continually furthering their training and expertise.

Prices of appraisals in cities

TallinnTartuPärnuKuressaare
Typical apartmentfrom 120 € *110 €95 €90 €
Custom-built apartments, section of housefrom 145 €140 €140 €120 €
House, terraced housefrom 220 €200 €145 €130 €
Plot of residential landfrom 220 €170 €145 €140 €
Commercial building, industrial building, production land, commercial landwith pre-established agreementwith pre-established agreementwith pre-established agreementstarting from 350 €
* Mustamäe, Lasnamäe, Õismäe

Prices of appraisals in counties

Harju countyTartu county
Pärnu county
Saare county
Hiiu county
Typical apartmentfrom 155 €from 140 €from 100 €from 90 €from 98 €
House, terraced housefrom 240 €from 220 €from 145 €from 150 €from 159 €
Plot of residential landfrom 240 €from 190 €from 145 €from 140 €from 128 €
Profit-yielding landfrom 280 €from 190 €from 145 €from 140 €from 128 €
Commercial building, industrial building, production land, commercial landwith pre-established agreementwith pre-established agreementwith pre-established agreementwith pre-established agreementfrom 307 €

Other services:

Written expert appraisal – €10
Additional appraisal – starting from €75
Field charges with oral appraisal – 50% of listed price
Perspective appraisal – 50% of listed price
Field charges in Saare and Hiiu county – €0.35/kilometre

Appraisers

Tallinn

Ando Lumiste

ando.lumiste@lvm.ee

+372 5689 0500


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Margus Kruut

margus.kruut@lvm.ee

+372 506 4987


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Tartu

Karmen Saarep

karmen.saarep@lvm.ee

+372 5686 1500


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Pärnu

Laire Kiveste

laire.kiveste@lvm.ee

+372 5193 6993


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Merle Siigla

merle.siigla@lvm.ee

+372 503 8293


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Kuressaare

Liina Malk

liina.malk@lvm.ee

+372 5628 1900


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