Everaus Kinnisvara’s first prefabricated timber housing development brings an affordable and energy-efficient home to the market


Everaus Kinnisvara is set to acquire a 100% stake in the Luige Kodud development in Kiili municipality just outside of Tallinn. The first homes there will be completed this summer.
There has been much talk of young people being faced with the question of whether to buy a home or rent. However, Everaus Kinnisvara CEO Janar Muttik says a new money-smart generation is debating whether a home is just a property, or also an investment.
Everaus Kinnisvara is building a new residential quarter called Kindluse Home in Järveküla, Rae Parish. Nearly 170 terraced houses, semi-detached houses and private houses will be erected.
On April 11, the cornerstone was laid for Haapsalu’s large-scale development project, Marienholm. The Marienholm project will create 150 new apartments on a separate peninsula in Haapsalu. It will also include pontoons that extend into the sea and a public park.
Smart homes, managed and equipped with intelligent technology, have become a trend in the Estonian market. Siim Vips, Chairman of the Board of Bisly, and Janar Muttik, CEO of Everaus Kinnisvara, discuss customer preferences, real estate sustainability, and convenient solutions.
Haapsalu’s largest residential development of the century was awarded to Mitt & Perlebach. The construction started in February and the first phase of the development will be completed in spring 2025. The development will be supervised by Scandium Kinnisvara.
CEO of Everaus Kinnisvara Janar Muttik answered the questions of Kinnisvarauudised.ee regarding the housing market. According to Muttik, the real estate market has been moving sideways in recent quarters.
Everaus Kinnisvara and Bisly, an Estonian technology company, have started a strategic cooperation to install building automation systems offering smart and convenient solutions in the Kindlusepealse Villas. Estonia’s first quarter of smart homes will be completed in Rae rural municipality, Järveküla, this summer.
The Äripäev Real Estate Conference on 22 February hosted a panel discussion on the detailed planning procedure entitled ‘Three cities, three practices and perspectives. How can we achieve fast planning and fast development?’. Tallinn Deputy Mayor Madle Lippus, Pärnu Deputy Mayor Silver Smeljanski, and Tartu City Architect Jiri Tintera participated in the panel. Janar Muttik, founder and CEO of Everaus Kinnisvara, moderated the panel.
When we discuss the factors that influence property prices, the most common ones are demand, the price of input materials, and labour costs. However, for some time now, the final price of a property has also been affected by the detailed planning process, which often takes up to ten years, making development much more resource-intensive.
Founder and CEO of Everaus Kinnisvara Janar Muttik visited the morning programme of Äripäev Radio to talk about the company’s plans for the future, the real estate market, and the detailed planning procedure. The programme was hosted by Juhan Lang.
In Luige on the outskirts of Tallinn, a topping out ceremony was held on Friday, where the last beam was placed atop seven buildings. The joint development of Everaus Kinnisvara and Scandium Kinnisvara will provide homes for nearly 90 families in 20 different houses. The first apartments will be completed this summer.
Everaus Kinnisvara has acquired two additional residential development sites in Järveküla and Rae Villages in Rae Municipality, with developments that will bring over 75 million euros of investment to the area. Over the next five years, more than 240 new homes – terraced houses, semi-detached houses and
The 10th Äripäev Real Estate Conference, scheduled for February 22nd, will gather industry representatives to explore a wide range of topics, including residential and commercial real estate, along with insights into property management and development.
The ending year has presented challenges to everyone in the real estate sector, and high interest rates combined with low consumer confidence have led many homebuyers to postpone their purchase decisions. Yet energy-efficient and high-quality property developments also swim against the tide in challenging market conditions, still attracting the attention of home purchasers.