Real Estate Listings
Reno, Nevada, sometimes called "The Biggest Little City in the World", is a place with a rich arts scene and year-round outdoor activities. There is something for everyone from skiing to enjoying beautiful Lake Tahoe which is only 45 minutes away.
There are many Reno homes for sale, and picking the right one is a matter of research, patience, and perseverance.
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| Population 180,480 | Median Age 34.5 yrs | Household Size: 2.38 |
| Avg Home Value: $158,700 | July High: 90.0°F | January Low: 21.5°F |
Reno Homes for Sale
Reno is often described as the biggest little city in the world, and with good reason. This world-class tourist and residential area has a rich art scene, year-round outdoor activities, and various attractions all within its 85.2 squared miles boundaries. If you are thinking of buying one of the Reno homes for sale then you couldn’t pick a more vibrant and eye-catching small city to move to. In addition to its compact size, Reno is also located very close to some major natural attractions, such as Lake Tahoe which is a mere forty-five minutes away. There is also a plethora of ski resorts in the region that can be enjoyed by visitors and residents alike.
The city of Reno nestles a comfortable four thousand and four hundred feet above sea level, and gets around three hundred sunny days every year. This means the climate of Reno is very laidback and relaxing, and it is the perfect place to enjoy a summer’s afternoon. However, it also has the benefit of receiving quite a lot of snowfall in the winter, which is why there are so many good ski resorts around.
Reno homes for sale should be looked at swiftly, as property can often go quickly in this interesting city. This is due to a few different factors, including the city’s strong economy, low unemployment rate, quality housing, excellent community activities, and low taxes. In fact, the city was actually ranked 25 th in the Forbes Magazine list of the best places to in the nation to do business and advance a career. In Reno, there are no corporate income taxes, personal income taxes, estate or gift taxes, or unitary taxes. In fact, there are no franchise taxes, inventory taxes, or franchise taxes on income either! And the sales tax rate is only 7.375%.
The taxes that are implemented in Reno include property taxes, which have an assessed value of 35% of the property value. Nevada statutes limit the rate of ad valorem property tax to a total of $3.64 for each $100 of assessed valuation. This is something that people who are buying Reno homes for sale might want to bear in mind when they are deciding which property they would like to purchase.
If you are purchasing one of the Reno homes for sale then you should speak to your local Reno estate agent and get his or her advice. It is advisable to sit down and list out all of the things that are important to you when buying a house. If the real estate agent can’t answer any of your questions regarding the town and its community, then you should check out the local tourist information boards and libraries for further information. You can also check out the city and its demographics on the Internet as well. You will find all sorts of information online, including local attractions, facilities, and local laws and restrictions.
Reno is a city that is just waiting to be explored, making it an interesting and refreshing place to live.
A REALTOR® is a real estate professional who is a member of the National Association of REALTORS®