Cottage / Storybook home in Reno, NV
A Cottage multifamily home in Reno, NV, it offers 1,655 square feet. The Cottage styling carries through the home's design.
| Price | $425,000 |
|---|
| Sqft | 1655 |
|---|
| Architectural style | Cottage / Storybook (61% match) |
|---|
| Address | 420 Holcomb Avenue, Reno, NV 89502 |
|---|
Why buy this home
- Confirmed Cottage / Storybook architecture, matched from the listing photos by Enzo's vision model.
- Links directly to the original source listing on Estately.
Is this a good buy?
Priced below comparable homes.
- At $425K, this home is 20% below the $533K median for 48 similar Cottage / Storybook homes in Reno, NV.
- That works out to $257 per square foot, 24% below the $336 comparable rate.
- New to market (4 days), so expect competition.
| This home | $425,000 |
|---|
| Cottage / Storybook median in Reno, NV | $532,500 (48 homes) |
|---|
| Price per sq ft | $257 vs. $336 comps median |
|---|
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 $2,695/month with 20% down at a 7.28% 30-year fixed rate. You would need about $115,485 in gross annual income to keep housing within a 28% ratio.
| Mortgage (P&I) | $2,326/mo |
|---|
| Property tax (new-buyer reassessed rate) | $209/mo |
|---|
| Homeowners insurance | $159/mo |
|---|
| Total monthly | $2,695/mo |
|---|
| Down payment (20%) | $85,000 |
|---|
| Income needed | $115,485/yr |
|---|
A signal to compare homes, not financial advice or a loan offer.
Financial outlook (modeled)
Enzo's grades this home A (90 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 (90/100) |
|---|
| Beats renting in | 75% of modeled paths |
|---|
| Modeled 5-yr equity (median) | $333,534 |
|---|
| Range (10th to 90th pct) | $230,923 to $453,550 |
|---|
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