Condo / High-rise home in Reno, NV
This 1,540-square-foot Condo condo in Reno, NV includes 2 bedrooms and 3 bathrooms. Standout details include swimming pool and open floor plan.
| Price | $319,000 |
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| Beds | 2 |
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| Baths | 3 |
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| Sqft | 1540 |
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| Architectural style | Condo / High-rise (96% match) |
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| Address | 200 W 2nd Street Unit APT 412, Reno, NV 89501 |
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Why buy this home
- Confirmed Condo / High-rise architecture, matched from the listing photos by Enzo's vision model.
- Features: open floor plan, swimming pool.
- Links directly to the original source listing on Estately.
Is this a good buy?
Priced below comparable homes.
- At $319K, this home is 23% above the $260K median for 230 similar Condo / High-rise homes in Reno, NV.
- That works out to $207 per square foot, 33% below the $307 comparable rate.
| This home | $319,000 |
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| Condo / High-rise median in Reno, NV | $260,000 (230 homes) |
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| Price per sq ft | $207 vs. $307 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 $2,023/month with 20% down at a 7.28% 30-year fixed rate. You would need about $86,682 in gross annual income to keep housing within a 28% ratio.
| Mortgage (P&I) | $1,746/mo |
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| Property tax (new-buyer reassessed rate) | $157/mo |
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| Homeowners insurance | $120/mo |
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| Total monthly | $2,023/mo |
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| Down payment (20%) | $63,800 |
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| Income needed | $86,682/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 (74 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 (74/100) |
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| Beats renting in | 35% of modeled paths |
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| Modeled 5-yr equity (median) | $183,467 |
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| Range (10th to 90th pct) | $115,617 to $265,165 |
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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