Ranch home in Reno, NV
Set in Reno, NV, this Ranch home provides 3 bedrooms and 1 bathroom across 1,288 square feet. Notable features include attached garage and deck / patio.
| Price | $349,000 |
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| Beds | 3 |
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| Baths | 1 |
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| Sqft | 1288 |
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| Architectural style | Ranch (58% match) |
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| Address | 11781 Rocky Mountain Street, Reno, NV 89506 |
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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.
- Links directly to the original source listing on Estately.
Is this a good buy?
Priced below comparable homes.
- At $349K, this home is 44% below the $625K median for 797 similar Ranch homes in Reno, NV.
- That works out to $271 per square foot, 28% below the $374 comparable rate.
- New to market (2 days), so expect competition.
| This home | $349,000 |
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| Ranch median in Reno, NV | $624,900 (797 homes) |
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| Price per sq ft | $271 vs. $374 comps median |
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It is well below comparable homes, which can mean condition issues, a smaller lot or living area, a leasehold, or a data quirk. Check the source listing before getting excited. 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 $2,213/month with 20% down at a 7.28% 30-year fixed rate. You would need about $94,834 in gross annual income to keep housing within a 28% ratio.
| Mortgage (P&I) | $1,910/mo |
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| Property tax (new-buyer reassessed rate) | $172/mo |
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| Homeowners insurance | $131/mo |
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| Total monthly | $2,213/mo |
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| Down payment (20%) | $69,800 |
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| Income needed | $94,834/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 (89 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 (89/100) |
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| Beats renting in | 72% of modeled paths |
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| Modeled 5-yr equity (median) | $264,212 |
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| Range (10th to 90th pct) | $181,972 to $366,742 |
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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