Reno 911: The “Biggest Little City” Grows Bigger!

Reno Continues to Grow – What’s the Deal?

As you know, whether you’re a resident or just visiting – Reno has been changing over the years. Investors and developers have been dropping millions of dollars to give the city a much-needed facelift. The urban core features a new, hipster Mid-town area (located in downtown Reno) the freeways are looking more inviting with improved aesthetics (although the spaghetti bowl traffic seems to never end) and casinos have been given costly updates.

freewayArt
Photo Credit: Ronni Hannaman

(Above) With every new section of road they built around Reno, new artwork has been popping up on the walls, adding to the esteemed art scene of the “biggest little city.”

The newest section of freeway actually extends to Carson City, making the commuter’s experience much more enjoyable, as it’s lined with interesting metal artwork showcasing our city’s unique history.


Reno’s Downtown Action Plan was devised with several key elements in mind: the economy, the environment, and the experience. As the city continues to grow, thousands of individuals, groups, City staff, and appointed officials helped to develop an action plan in hopes to facilitate change, and make Reno a more livable, prosperous and vibrant space to enjoy. From parking and transportation to housing, jobs, and public spaces – the comprehensive action plan is definitely worth reviewing:

Read the Reno Action Plan here.

Reno's action plan

Reno’s Growth, Latest Report from EDAWN

EDAWN’s EPIC Report forecasted a five year projection of over 52,400 new jobs. Now, almost three years into the predictions, reports show that we’re actually 10,000 jobs ahead of projections as Tesla, Panasonic and Switch continue to ramp up their hiring efforts. In case you missed it, discover the actual numbers graphs:

Predicted Employment Growth Tracking

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Predicted Resident Growth Tracking

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Number of New Housing Permits

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Housing has been a bit of a concern, but it looks like we are making progress: The chart above shows the number of permits for new housings units. At, 6,000 units a year, Reno will be meeting the expected demand for housing based on current and projected job growth. Fun fact: we haven’t had more than 4,000 new housing permits since 2006!


For more information on Reno’s employment and resident growth projection, visit EDAWN’s website.

 

Median Home Sale Price Hits Peak in Reno!

The median home sale price, in Reno/Sparks, hit it’s peak in the month of July at $355K. By the end of September, it went down to $335K. This drop is certainly a seasonal effect but also shows that the majority of home sales are in the lower end, thus dragging down the median home sale price.

We are selling more houses that are less than normal average, so it’s actually a great time to buy in Reno right now! If you’re in the market to purchase a new home, check out my hot new listings here.

This Magical Owl Shoots Lazers Out of Eyes, Reno Mural Expo

The landscape of downtown Reno is looking extra artsy lately. This October, the Reno Mural Expo boasts 30 dynamic artists (including 16 locals) who have transformed 31 vacant walls and alley ways into an outdoor gallery of art.

I couldn’t pass up this opportunity to check out these unique statement pieces, so I set out with my camera and snapped some novice shots. I’m not sure what my favorite style was – the abstract graffiti-type illustration or the surprisingly realistic and evoking “nature” piece.

The coolest part was driving around to all these neighborhoods and getting out among the people and all the cool happenings. It took me a few hours but had a blast! I love downtown and midtown Reno.

Check out the photos below and comment below with your thoughts! Do you have a favorite piece?

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What is Today’s Market like in Reno, NV?

There’s no change – this month the demand for affordable housing in Reno is still high. In the last month in Reno/Sparks we have sold 765 homes, with 1,127 active listings.

months of inventory

To exhaust the inventory it would take only 1.5 months, but in a balanced market it would require about 4-7 months of inventory. This obvious skew is likely because we have 170 listings in the $1M+ market range.

In the last year we’ve sold 138 homes that were $1M+. The average days on market for them were 230 days. The buyers market is in the $1M+ range. All sellers of these pricey homes are taking a haircut to sell them!

The good solid sellers market is $750K or less, assuming the home is priced well and in good shape. That balanced market is $750K-1M.

Are you looking to buy or sell your next home? Give me a call today! 775-544-6400.

Not ready to take the leap? Check out my listings here.

New Listing 2969 Stonebridge Reno NV

Beautiful Home | 5 Bed 4 Baths | JUST REDUCED $789,999

 

My new listing is definitely a must see! This stunning single level home is located in the desirable community of ArrowCreek. The large front entry & courtyard beckons a feeling of calm with a quiet running fountain, and beautifully landscaped front and backyard. Inside, the spacious floor plan allows for easy entertaining with a large kitchen and dining room, luxurious fireplace, and expansive, private backyard – perfect for summer nights with friends as you listen to your relaxing waterfall. Within walking distance to the clubhouse, swim and tennis center!

Other important features to note:

  • Quiet neighborhood very low traffic and noise
  • Extensive irrigation system for yard makes makes it easy to water plants and trees in the front and back yard
  • Private gate provides added safety
  • Large master bedroom and bathroom for maximum comfort
  • Large three car garage with access to backyard from both sides of the house
  • Lots of storage space in the home and garage
  • Impeccable landscaping

Want to see more? Check out the virtual tour here.

Not quite what you’re looking for? Check out my other listings in Reno!

Exploring Reno – The Eddy Beer Garden

What do you get when you combine a beer garden, food trucks, community art space, and plenty of oversized lawn games?

The answer is Reno’s newest (and first) container park: The Eddy, right in the heart of downtown. With great food, great drinks, and plenty of learning & socializing opportunities in a super-fun atmosphere, they’ve got something for everybody. I really think this place is going to be one of Reno’s biggest community attractions soon. But why wait even a moment longer to explore it? I visited the Eddy myself recently, and here are my impressions:

“Contain” Your Excitement

Have you ever been to a container park before? It’s a really neat concept – using those giant shipping containers (which are usually in abundant supply, especially near major ports) to create structures that are easily built, moved, and recycled. Lately, container villages have been popping up a lot in Europe, especially as temporary housing for students, refugees, etc.

This is the first such project in Reno, and the design alone makes the Eddy well worth a visit for folks interested in unconventional architecture. It’s a self-contained patio with different areas separated only by container walls and tunnels, and tons of fresh air and sunshine. The developers from Realm Constructors actually took a lot of design inspiration from San Francisco’s ever-popular Biergarten.

What’s On Tap?

When it comes to actually getting folks in the door, The Eddy’s food and drinks are
probably going to be the biggest draws. There are three distinct bars here, each with a different selection of beer and wines available, though their handcrafted cocktails are pretty innovative and definitely worth a look too. If you’ve opened a tab, you can order from any one of these spots without having to change your card – so don’t feel like you have to stick to one area!

Taking advantage of the open-air setup, the Eddy also hosts a rotating selection of local food trucks serving up everything from tacos and wraps to ice cream. Of course, you’re free to bring some grub from home: there’s even a barbecue hut to prepare it in.

Community Living

The Eddy is more than just a place to grab a bite and take the edge off after a long
day at work. Their prime location on the Riverwalk is no accident: they’re aiming to
be an inclusive community space for all of Reno’s residents.

Says Laurel Stout-Stitser, their communications manager: “We call it a collaborative community space, because we are truly a space that was built for the community at large.”

Thought-provoking installations by local artists reflect the mood of Reno today (and they make for a perfect conversation-starter if you’re here on a date). And live music performances and free fitness classes are just some of the events on their shifting calendar. Upcoming events are generally posted to their Facebook page. Despite all the alcohol, the Eddy is actually quite family-friendly during the day. In addition to the music and art, you’ll find plenty of outdoor games like bocce and corn hole (aka beanbag toss) – plus picnic tables, a covered lounge area, and a fire pit. Just note that after 7:30pm, the Eddy becomes a 21+ venue, and they will come around to check IDs.

The Eddy is really a special place, even for Reno. A place to refresh yourself, a hip and trendy center of community, an industrial playground for kids and grownups alike, and a prime spot on the river’s edge. What’s not to love?

2017 Harvest of Homes

The Homes Tour of Reno NV is a special day held by the HRPS to educate people and showcase the downtown area’s beautiful older neighborhoods . Sharing about Reno’s local history is an important goal for the HRPS, and the Tour provides an intimate and engaging way to accomplish this.

The walking tour reveals many stories and hidden gems throughout Reno, especially since residents rarely have the opportunity to step across a threshold into the homes themselves. This Tour provides admirers of old homes a rare glimpse inside some of these special places.

Come join me! The 2017 Harvest of Homes Tour is scheduled for September 23. Save the date!

Reno’s Iconic Nixon Mansion on the market for $13.9M

I attended the Nixon Mansion Broker Open House this last Friday. The beautifully renovated mansion, sits up on the bluff above the Truckee River, and I had the privilege of walking through the doors to learn more about the history behind it all. It’s truly an amazing property, priced at $13.9 million, and rightfully so! Today I’m sharing some personal and professional photos, and a video too ~ in hopes they capture just some of the charm of this unique Reno property.

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The current owners did a fantastic job restoring the home and bringing it back to its grandeur. The Italian villa takes its name from its original owner, Nevada Senator George S. Nixon, who built the prestigious estate on just over two acres.

exterior 631 California ave

The majestic home originally had 33 rooms, and was one of Reno’s first residences to have an elevator.

Nixon Broker Open

A fire left the mansion uninhabitable in 1979, and the current owners purchased the estate in 2002, spending the last decade meticulously restoring the property inside and out.

631 Cali ave

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Get a closer look inside this home:

Check Out My Personal Photo Gallery:

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More About George S. Nixon

George S. Nixon was born on a farm near Newcastle, Placer County, California April 22, 1860. He was educated in the public schools of that state and worked on his father’s farm until 19 years of age when he entered the employ of a railroad company and studied telegraphy. In 1881 he was transferred to Nevada where he was employed for three years as telegraph operator for the Carson and Colorado Railroad. In 1884 he went to Reno where he was associated with the First National Bank, later known as the Washoe County Bank. In 1886 he moved to Winnemucca where with F. M. Lee of Reno he organized the First National Bank. With his family he moved to Reno in 1906 where he built an imposing residence on the banks of the Truckee River. He was elected to the United States Senate January 25, 1905. He was re-elected to the Senate in January 1911. During the mining excitement in southern Nevada, Mr. Nixon became associated with George Wingfield and they reaped a fortune from the mines, organizing the merger known as the Goldfield Consolidated Mines Company. They established the John S. Cook & Company Bank in Goldfield. He had extensive realty interests in the city of Reno, in Winnemucca including the Nixon Opera House which he donated to Winnemucca as a parting gift to his home city and other parts of the State. His estate was estimated at between $2,000,000 and $3,000,000. Senator George Nixon died in a local hospital in Washington D. C. June 6, 1912 of spinal meningitis.

I hope you enjoyed reading about the Nixon property as much as I enjoyed visiting! It was such an honor to peer inside history and learn more about the place and the person behind it all.

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