naaberväärtuse
Naaberväärtuse is an Estonian term that translates to "neighbor value" or "neighborhood value." It refers to the perceived worth or desirability of a residential property based on its surrounding environment, including the quality of neighboring properties, the condition of the neighborhood as a whole, and the social and economic characteristics of the area.
Factors contributing to naaberväärtuse include the maintenance of adjacent homes, the presence of green spaces, proximity
This concept is important in real estate valuation, as it directly impacts a property's market price. Buyers