Mediterranean home in Reno, NV
Set in Reno, NV, this Mediterranean home provides 3 bedrooms and 2.5 bathrooms across 1,780 square feet. The listing highlights mountain view and vaulted / high ceilings.
| Price | $700,000 |
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| Beds | 3 |
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| Baths | 2.5 |
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| Sqft | 1780 |
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| Architectural style | Mediterranean (37% match) |
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| Address | 7230 Heritage Oaks Dr, Reno, NV 89523 |
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Why buy this home
- Confirmed Mediterranean architecture, matched from the listing photos by Enzo's vision model.
- Features: mountain view, vaulted / high ceilings.
- Links directly to the original source listing on Trulia.
Is this a good buy?
Priced below comparable homes.
- At $700K, this home is 39% below the $1.1M median for 79 similar Mediterranean homes in Reno, NV.
- That works out to $393 per square foot, 11% above the $354 comparable rate.
- On the market 24 days.
| This home | $700,000 |
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| Mediterranean median in Reno, NV | $1,150,000 (79 homes) |
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| Price per sq ft | $393 vs. $354 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 $4,438/month with 20% down at a 7.28% 30-year fixed rate. You would need about $190,211 in gross annual income to keep housing within a 28% ratio.
| Mortgage (P&I) | $3,832/mo |
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| Property tax (new-buyer reassessed rate) | $344/mo |
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| Homeowners insurance | $262/mo |
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| Total monthly | $4,438/mo |
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| Down payment (20%) | $140,000 |
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| Income needed | $190,211/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 B+ (79 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 | B+ (79/100) |
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| Beats renting in | 47% of modeled paths |
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| Modeled 5-yr equity (median) | $445,167 |
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| Range (10th to 90th pct) | $293,962 to $630,863 |
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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 Trulia