Courtney.. . more and more and more people are moving to the Reno / Sparks area. It is becoming like a little Vegas or little L.A. Unfortunatly Reno and Sparks have not kept up with how many people are moving here, so it is a big, ugly mess on and off the roads. They take FOREVER to widen a street, widen a freeway, add new exits reroute and rethink roadways etc.. Over all improvement of not just roads, but EVERYTHING is just a slow, slow, slow process. Another thing is Mexicans are moving here by the truck-load, daily.There is a stabbing or shooting or dead body found every single solitary day.
It takes over 35 minutes to get from south reno to spanish springs and the morning and the 5-6 oclock traffic is a nightmare... more
The tax assessment is the determination of the market value of a piece of property including land and improvements. Assessments are usually prepared as of a specific date each year and are typically based on recent sales of comparable properties in the area. Local governments use your assessment as the basis for the annual property tax bill. The tax assessment can be lower than market value in some areas. This does not have anything to do with the listing price of the home unless, of course, the seller decides to list their home at the assessed value.... more
True understanding the segment of the market is essencial. Right now condos under $500K are selling fast. Property over $2Mil is also moving quickly. My advice to buyers in this market , look at several properties and get a true understanding of the market conditions, what properties you like and then you will understand if now is a good time to buy, Rates are rising, and this would probably be a good time before the busy season kicks in. Good luck in your home search... more