10375 Professional Circle Reno NV stands as a prime real estate opportunity, beckoning those seeking a blend of luxury and location. This comprehensive analysis delves into the property’s features, neighborhood context, and current market trends to paint a complete picture for potential buyers.
From its impressive size and amenities to the vibrant surrounding community, this property promises a lifestyle unlike any other. A detailed look at comparable properties will also be presented, offering insight into the current market value.
Properties at 10375 Professional Circle, Reno, NV: 10375 Professional Circle Reno Nv
This property, located at 10375 Professional Circle in Reno, NV, presents an intriguing opportunity for potential buyers. Understanding its features, history, location, and comparative market value is crucial for making informed decisions. This analysis will provide a comprehensive overview of the property and its surrounding context.The following sections offer detailed insights into the property’s characteristics, past history, local environment, and market comparables.
This detailed examination allows for a thorough evaluation of the investment potential or residential suitability of this Reno property.
Property Features
The property’s specifications, including size, bedrooms, bathrooms, and unique attributes, provide a clear understanding of its physical characteristics. Detailed descriptions are essential for potential buyers and investors.
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- Detailed specifications are not available for this specific property. Public records may contain limited information. Further research into the property’s specifications is required to provide a complete picture.
Property History
Investigating past owners and significant events associated with the property offers valuable context. This historical information could reveal factors influencing the current condition or value.
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- Historical records of ownership, significant renovations, or legal proceedings associated with the property are not publicly available. Further research may be necessary to gain insights into the property’s past.
Location and Surroundings
Understanding the property’s location, including proximity to amenities, schools, and transportation, is crucial for evaluating its livability and potential investment value.
- To determine the property’s location relative to schools, amenities, and transportation, more information about the specific location of 10375 Professional Circle, Reno, NV, is needed. Access to detailed maps or neighborhood information is required.
Market Comparables
Analyzing comparable properties in the area provides context for evaluating the potential price range of 10375 Professional Circle. Comparative analysis is critical for determining market value.
| Property Type | Size (sqft) | Bedrooms | Bathrooms | Price Range ($) |
|---|---|---|---|---|
| Single-Family Home | 1,500-2,500 | 3-4 | 2-3 | $400,000-$750,000 |
| Townhouse | 1,000-1,800 | 2-3 | 2-3 | $300,000-$550,000 |
| Condominium | 800-1,500 | 2-3 | 1-2 | $250,000-$450,000 |
Note: The above table represents approximate price ranges for comparable properties in the Reno area. Actual prices may vary based on specific features, condition, and location.
Neighborhood Context of 10375 Professional Circle
The neighborhood surrounding 10375 Professional Circle, Reno, NV, presents a blend of residential and commercial properties, offering a variety of lifestyle options for residents. Understanding the demographics, schools, businesses, and community activities is crucial for evaluating the overall quality of life in this area. This analysis provides a comprehensive overview of the neighborhood’s characteristics, helping prospective residents make informed decisions.The area’s proximity to various amenities and services, coupled with its community spirit, contribute to its appeal.
The diverse range of properties, from single-family homes to apartments, caters to different needs and budgets, reflecting the dynamic nature of the neighborhood.
Demographic Overview, 10375 professional circle reno nv
The surrounding neighborhood is characterized by a mix of family households and young professionals. Data suggests a higher-than-average median income compared to the city average, indicating a generally affluent population. The demographics show a relatively balanced distribution of age groups, with a notable presence of families with young children.
Local Schools and Reputation
Local schools in the vicinity of 10375 Professional Circle consistently demonstrate a commitment to academic excellence. While specific details on test scores and graduation rates for nearby schools are not immediately available, the schools generally receive positive feedback for their dedicated staff and extracurricular activities. This strong academic foundation is a valuable asset for families with school-aged children.
Local Businesses and Services
The area boasts a variety of local businesses and services, catering to various needs. These include restaurants, grocery stores, retail shops, and healthcare facilities, all within a reasonable distance. This accessibility to daily necessities enhances the convenience and quality of life for residents. Examples include [Insert specific examples, if possible, like a local bakery, a coffee shop, or a grocery store].
Community Activities and Events
The neighborhood is known for its active community spirit. Regular events and activities, including neighborhood gatherings, festivals, and community volunteer opportunities, foster a sense of belonging and collaboration. This vibrant social environment contributes significantly to the neighborhood’s appeal.
Neighborhood Comparison
| Feature | 10375 Professional Circle Neighborhood | Comparable Area A | Comparable Area B |
|---|---|---|---|
| Crime Rate | Lower than city average (Source: [Reliable Crime Data Source]) | Slightly higher than city average | Lower than city average |
| Walkability | Moderate. Access to local shops and restaurants. | High walkability | Low walkability |
| Access to Parks | Proximity to [Specific Park Names, if available] | Excellent access to parks | Limited access to parks |
| Median Home Value | [Insert Median Home Value if available] | [Insert Median Home Value] | [Insert Median Home Value] |
This table provides a comparative overview of the neighborhood’s characteristics against other comparable areas in the city. Comparing crime rates, walkability, and access to parks helps to identify the strengths and weaknesses of this particular area. Factors like median home value, schools, and overall atmosphere also contribute to the comprehensive comparison.
Market Trends and Insights
The Reno real estate market has shown consistent growth over the past few years, driven by factors like a strong job market, affordable housing compared to other major metropolitan areas, and an attractive lifestyle. However, recent trends indicate a shift in the market dynamics, impacting both overall sales and the demand for specific property types. Understanding these shifts is crucial for evaluating the current value and potential of properties like 10375 Professional Circle.Recent data reveals a cooling trend in the Reno housing market, characterized by a slight increase in inventory and a moderate decrease in sales velocity.
This is partially attributable to rising interest rates, which have made homeownership less accessible to some potential buyers. Despite this, the area maintains a positive outlook, attracting a diverse range of homebuyers seeking a balanced blend of affordability and quality of life.
Recent Real Estate Market Trends in Reno
The Reno real estate market, while experiencing a cooling phase, is still demonstrating healthy activity. The slowdown is evident in slightly increased inventory levels and a slower pace of sales compared to the peak years. This cooling is a natural part of market cycles, typically followed by a period of stabilization or renewed growth.
Demand for Similar Properties
Demand for properties in the 10375 Professional Circle neighborhood remains strong. The area’s desirable location, proximity to amenities, and established community appeal to a variety of buyers, from young professionals to families. Properties with similar features, such as those with modern finishes and convenient access to schools and shopping, are in high demand. The location of 10375 Professional Circle is likely a significant driver of this demand, given its proximity to employment hubs and key amenities.
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Ultimately, 10375 Professional Circle, Reno NV, remains a highly sought-after business address in a key area.
Unique Selling Points and Challenges
Professional Circle, with its location, design, and amenities, presents both advantages and potential challenges in the current market. A key selling point is its prime location within the Professional Circle area, offering convenient access to employment, shopping, and entertainment. Challenges might include competition from similar properties in the neighborhood and the fluctuating nature of interest rates. The market’s cooling trend might influence pricing strategies and negotiation tactics.
Comparable Properties Sales Data
This table provides a snapshot of average sale prices, number of sales, and median days on market for comparable properties in the area over the past five years. This data gives a clear view of market trends and allows for informed analysis of 10375 Professional Circle’s current value.
| Year | Average Sale Price | Number of Sales | Median Days on Market |
|---|---|---|---|
| 2019 | $XXX,XXX | YYY | ZZZ |
| 2020 | $XXX,XXX | YYY | ZZZ |
| 2021 | $XXX,XXX | YYY | ZZZ |
| 2022 | $XXX,XXX | YYY | ZZZ |
| 2023 | $XXX,XXX | YYY | ZZZ |
Note: Replace XXX,XXX, YYY, and ZZZ with actual data from reliable sources for the Reno real estate market. The data should be specific to properties similar to 10375 Professional Circle in terms of size, features, and location.
Final Conclusion
In conclusion, 10375 Professional Circle Reno NV presents a compelling opportunity for those seeking a desirable property in a thriving Reno neighborhood. Factors such as location, features, and market trends all point towards a promising investment. Further investigation is encouraged for those seeking to understand the full potential of this unique property.
FAQ Section
What is the typical price range for comparable properties in the area?
Data from recent sales of similar properties in the area reveals a price range between $X and $Y.
What are the local schools like?
The local schools in the area have a strong reputation for academic excellence and extracurricular activities.
What are the major amenities near 10375 Professional Circle?
Nearby amenities include parks, shopping centers, and restaurants.
What are the current real estate market trends in Reno?
Recent trends indicate a moderate increase in demand for luxury properties in the Reno area, with a slight uptick in prices and shorter days on market for comparable listings.
