Apartment association · Laagri alevik, Saue vald

Redise tn 8 apartment association

Saue vald, Laagri alevik, Redise tn 8 korteriühistu (registry code 80177764) manages a 5-storey panel building built in 1982 with 60 flats. According to its 2025 annual report, the association's long-term liabilities were €118,255 (€39 per m² of flat space) and it held €27,609 in cash. Long-term liabilities have fallen 46% since 2019.

Board

  • AAAndreas-Are Arujärvboard member4 months
  • EHEgon Hirvesooboard member5 years 1 month
  • KJKarin Juurboard member5 years 1 month
A
Association grade
A · very good
Saue vald: ranked 18 of 206 graded associations.
House conditiongood
age, energy class and works done
Loan affordabilitygood
loan vs the association's annual income
Cash buffergood
cash next to the loan, 3-year average
Managementaverage
reports filed on time

Building

Built
1982
Storeys
5
Construction
panel
Flats
60
Lift
no
Heating
district heating

Works on the building

Source: sale ads for flats in this building. These are sellers' and brokers' claims that we have not verified, and they may be inaccurate or incomplete. The association's board can confirm the facts.

The building has been fully renovated
  • Facade
  • Roof
  • Pipes
  • Heating
  • Ventilation
  • Windows
  • Wiring
  • Stairwell
  • Balconiesplanned
  • Basement
  • Entrance doors
The ads say
  • „Kortermaja on renoveeritud“ · ad of 1 flat
  • „soojustatud on välisfassaad“ · ad of 1 flat
  • „uuendatud katus“ · ad of 1 flat
  • „vahetatud torustik“ · ads of 2 flats
  • „vahetatud torustik ja küttesüsteem“ · ad of 1 flat
  • „paigaldatud värskeõhuklapid“ · ad of 1 flat
Energy class
  • A
  • B
  • C
  • DD
  • E
  • F
  • G
  • H

Building page: Redise tn 8 →

Long-term liabilities
€118,255
as of 31.12.2025
Liabilities per m²
€39
similar buildings with a loan €39
Cash
€27,609
€9/m² · similar €17/m²
Income per m² a month
€0.61
similar buildings €0.95

Compared with similar buildings: Saue vald, built 1977–1987, panel (23 associations).

Finances by year

Long-term liabilities per m² of flat space at year end
72 €/m²201969 €/m²202063 €/m²202146 €/m²202246 €/m²202343 €/m²202439 €/m²2025

Loan principal repayment is an estimated €0.31 per m² of flat space a month, about €16 a month for a 50 m² flat (interest not included) — less than 75% of associations repaying a loan. The median is €0.52 in Estonia and €0.60 in Saue vald. At the current pace the loan will be repaid around 2036.

YearLong-term liabilitiesShort-term liabilitiesCashIncomeLabour costs
2025€118,255€36,553€27,609€22,322€5,150
2024€129,587€38,567€29,073€20,527€5,437
2023€140,392€40,001€29,177€32,325€8,790
2022€139,932€62,422€42,845€19,946€1,242
2021€191,250€20,023€39,572€43,458€11,626
2020€210,245€18,089€47,047€40,540€9,213
2019€217,670€16,623€41,319€39,857€8,854

Compared with similar buildings (Saue vald, built 1977–1987, panel; 23 associations), long-term liabilities per m² of flat space are higher than 74% of them. The median for buildings with a loan is €39/m².

Flats in this building

Over the last 12 months 6 flats have been for sale in this building, asking €2,387–€2,672 per m².

Estate agents who have offered flats in this building

What is your flat worth?

An estimate for a flat at Redise tn 8 from similar homes — free and instant.

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Apartment associations nearby

GradeBuildingLong-term liabilitiesCashReport
BRedise tn 10Laagri alevik1984 · 45 flats€0€7,7162025
ARedise tn 4Laagri alevik1978 · 60 flats€186,485€35,6572025
CRedise tn 7Laagri alevik1992 · 18 flats€18,292€14,0182025
ARedise tn 6Laagri alevik1979 · 60 flats€412,186€39,0132025
CRedise tn 9Laagri alevik1992 · 18 flats€262,423€7,9282025
ARedise tn 12Laagri alevik1987 · 45 flats€149,590€54,3092025
ARedise tn 2Laagri alevik1967 · 20 flats€0€23,3522025
AVeskitammi tn 16Laagri alevik1960 · 6 flats€16,868€4,5842025

Frequently asked questions

Does the association have a loan?

According to its 2025 report, the association has €118,255 of long-term liabilities. The report's key figures do not separate a bank loan from a renovation grant — the association's own statement gives the exact loan balance.

How much cash does the association have?

At the end of 2025 the association held €27,609.

When was the building built?

According to the building register, it was first used in 1982 and has 5 storeys.

Who is on the association's board?

According to the business register, the board members are Andreas-Are Arujärv, Egon Hirvesoo, Karin Juur (board since 13.09.2021).

How is the association grade calculated?

The A–E grade is built from public data and compares the association with all apartment associations in Estonia. House condition (40%) takes the building's age into account – a new house needs no renovation – along with the energy certificate and the works on the building that its flats' sale ads describe (sellers' and brokers' unverified claims) – the more works (facade, roof, pipes, heating and so on), the better; in an older building, a loan taken for renovation also counts as investment. Loan affordability (30%) shows how many years of income the long-term liabilities equal – up to three years is entirely normal. Cash buffer (10%) is cash per m² of flat space averaged over the last three year-ends: without a loan a bigger buffer is better; with a loan a moderate one is enough. Management (20%) shows whether the last three years' reports were filed, and on time, with extra points for a professional manager. A loan is not bad in itself: in an older building it usually means the house has been renovated. The grade is updated weekly.

Where does the data come from?

Finances: business register open data (annual-report key figures, 2019–2025). Building: building register. Flats on offer: Leiamaakler.ee data from the property portals.