Moving into the “biggest little city in the world” offers a unique lifestyle with plenty of benefits. Find out whether buying a Reno new home would suit your tastes.

Reno New Home

Amid the lights and glamour of Las Vegas, its smaller northern neighbor, Reno, is often overlooked as a place in Nevada to live, work, and vacation. But residents of Reno can enjoy most of the benefits found in Las Vegas and some besides. Purchasing a Reno new home will allow individuals to experience the atmosphere and opportunities Nevada has to offer, although without the same degree of noise and glitz found in the larger city of Las Vegas.

What does Reno offer its residents?

Weather:

Reno offers typical Nevada weather with four distinct seasons: snowy winters, hot summers, colorful autumns, and pleasant springs. The weather is mostly sunny and dry all year round, with the average high in the mid-forties during winter and in the eighties and nineties during summer. While these weather extremes may not be everyone’s first choice, they make it possible for residents to enjoy a wide variety of recreational activities: snowboarding and skiing during winter and water sports during summer. The owner of a Reno new home will also live less than a two-hour drive from scenic Lake Tahoe, where many residents like to take weekend trips in summer to cool off.

Gambling:

Although Reno is less well-known for gambling than is Las Vegas, the same opportunities (or traps, depending on how you look at it) are available. Reno hosts numerous casinos and slot machines, which Nevada is famous for having legalized. If you can’t get by without gambling regularly, Reno provides a less crowded alternative to Vegas.

Community:

Reno offers would-be Nevada residents a much lower unemployment rate than Las Vegas, better traffic and shorter commutes, and a more educated, stable population. All in all, it’s a much better environment if you’re looking for a place to raise a family.

Real Estate:

Those looking to purchase a Reno new home may be pleasantly surprised at the fast appreciation trends that the area has experienced. During the year 2000, the median home value in Reno was about $150,000, while currently the figure is closer to $300,000 (year 2005). The appreciation trends for the area show no signs of stopping, so current home buyers may find that within several years their investment has nearly doubled. The current low interest rates make now an especially good time for such an investment.

Obtaining the aid of a local real estate agent is a good move for newcomers to the area looking to buy a Reno new home. The agent will be able to inform clients where the most rapidly-appreciating neighborhoods are located, which public school systems are the best, and other information that pertains to a client’s individual situation.

Summary:

In general, Reno is a pleasant area that offers a wide variety of recreational activities and a good community. It also provides prospective homeowners with a good investment opportunity, which will be made more profitable with the aid of a real estate professional. Whether your purchase will be used as a long-term residence or simply as an investment, purchasing a new home in Reno is a good move.

A REALTOR® is a real estate professional who is a member of the National Association of REALTORS®