Overview

The city of Reno is the county seat of Washoe County, Nevada, United States. Reno, known as "The Biggest Little City in the World", is famous for its casinos, and is the birthplace of the gaming corporation Harrah's Entertainment. The city of Reno is considered as America's Adventure Place! The Truckee Meadows and surrounding area provide unlimited indoor and outdoor recreational activities. Spectacular Lake Tahoe and the largest concentration of ski areas and ski facilities in the world are all within a fifty-mile radius. Biking, camping, hunting, fishing and mountain climbing are all activities Reno residents and visitors enjoy. The University of Nevada, Reno is the oldest university in the state of Nevada and Nevada System of Higher Education and schooling facilties is provided by Washoe County School District.

Reno Real Estate

A home for around 210,255 plus individuals, the city of  Reno has seen a population rise of around 16.50 percent from the year 2000. The city’s population density stands at around 3,038 people per square mile. As determined by the recent studies, the median home cost in the city of Reno would stand at $409,200. The home appreciation rate at Reno has stood at -1.23 percent over the last year. Till date the median age of real estate in the city stands at 25 years.

A proper study of the place would how ever suggest a high cost of living in the city. Reno’s current cost of living stands at 13.24 percent, which is actually higher than the average cost of living in the US. Almost 44.62 percent of homes are owned by individuals wherein rent dwellers make up almost 48.20 percent of the population of Reno, almost 7.27 percent of the houses and apartments in Reno remain vacant and unoccupied.

How to rent or buy in Reno

Any individual relocating to Reno will have a choice of either buying a proper house or for that matter taking it on rent. The easiest and the best way being, hiring an experienced real estate agent who knows in and out of the city Reno. It would save you from all the hassles of negotiations and at the same time ensure that you get the best deals at the best price with no trouble at all.

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