Ranch home in Reno, NV
This Ranch home in Reno, NV offers 3 bedrooms and 2 bathrooms across 1,573 square feet. Notable features include attached garage, deck / patio, fireplace, hardwood floors, and large backyard / lot. The Ranch styling carries through the home's design.
| Price | $489,900 |
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| Beds | 3 |
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| Baths | 2 |
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| Sqft | 1573 |
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| Architectural style | Ranch (45% match) |
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| Address | 2195 Prince Way, Reno, NV 89503 |
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Why buy this home
- Confirmed Ranch architecture, matched from the listing photos by Enzo's vision model.
- Features: attached garage, deck / patio, fireplace, hardwood floors, large backyard / lot.
- Links directly to the original source listing on Estately.
Is this a good buy?
Priced below comparable homes.
- At $490K, this home is 22% below the $625K median for 797 similar Ranch homes in Reno, NV.
- That works out to $311 per square foot, 17% below the $374 comparable rate.
- On the market 13 days.
| This home | $489,900 |
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| Ranch median in Reno, NV | $624,900 (797 homes) |
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| Price per sq ft | $311 vs. $374 comps median |
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Enzo's reads public listing data and links to the original source. Confirm condition, HOA, taxes and fees there. This is a signal, not advice.
What it costs to own
Estimated at $3,106/month with 20% down at a 7.28% 30-year fixed rate. You would need about $133,120 in gross annual income to keep housing within a 28% ratio.
| Mortgage (P&I) | $2,682/mo |
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| Property tax (new-buyer reassessed rate) | $241/mo |
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| Homeowners insurance | $184/mo |
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| Total monthly | $3,106/mo |
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| Down payment (20%) | $97,980 |
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| Income needed | $133,120/yr |
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A signal to compare homes, not financial advice or a loan offer.
Financial outlook (modeled)
Enzo's grades this home A- (85 out of 100) over a 5-year hold, from a Monte-Carlo of local home-price dynamics and the interest-rate path versus renting.
| Grade | A- (85/100) |
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| Beats renting in | 61% of modeled paths |
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| Modeled 5-yr equity (median) | $346,256 |
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| Range (10th to 90th pct) | $232,274 to $481,474 |
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A probabilistic model built on public data (Zillow ZHVI, FRED rates), not a guarantee or financial advice. Local price dynamics are pooled toward Reno, NV where local data is thin.
Local home values
Typical home values in Reno, NV have risen about 11% over the past 5 years (+2% in the last year), per the Zillow Home Value Index. This reflects the metro market, not this specific home.
View this home on Estately