Neighborhood Market Analysis
Generally defined as the area along the Truckee River in downtown Reno, bounded by Arlington Ave (west), Lake St (east), 1st St (north), and Court St (south).
Diverse, skewing younger and professional; significant population of singles, young couples, and empty nesters.
Urban, walkable, artsy, vibrant nightlife, strong sense of local culture.
Moderate; more suited to adults and professionals, but some families present.
Price competitively due to longer days on market; highlight unique features to justify premium.
Show units with soundproofing or on quieter sides; highlight double-pane windows.
Emphasize included parking (if available); proximity to transit and walkability.
Share crime data, discuss building security, and highlight active neighborhood watch.
Show long-term appreciation trends and strong rental demand.
High long-term, with recent volatility; strong demand for urban living and rental units.
Very strong, especially for furnished and short-term rentals (proximity to casinos, events, and university).
Moderate to high; more listings but also more buyers seeking urban lifestyle.
Leverage walkability and lifestyle in all marketing.
Educate buyers on HOA rules, parking, and downtown living nuances.
Network with local businesses to offer incentives (e.g., dining credits).
Stage properties to highlight urban amenities and flexible workspaces.
Monitor inventory and price competitively given longer days on market.
Highlight rental income potential for investors and second-home buyers.
Premium urban lifestyle with strong rental/investment appeal.
Riverwalk District median ($400K) is below Reno metro median ($580K, June 2025), offering value for downtown living.
Appealing for urban lifestyle seekers; may need education on HOA fees and parking.
Attractive for those seeking walkability and amenities; less suited for large families.
Ideal for empty nesters wanting low-maintenance, central living.
Strong demand for rentals; focus on units with river views or unique features.
Appealing for professionals moving to Reno for tech, university, or remote work.
This neighborhood analysis was generated using hyperlocal data and AI intelligence.
Neighborhood conditions change - consult with local real estate professionals for the most current information.
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