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Reno, Nevada For Sale By Owner - Local Information
Reno is a city in and the county seat of Washoe County, Nevada, United States. The population was 180,480 at the 2000 census; in 2007, its population was estimated at 214,853, making it the third-largest city in the state after Las Vegas and Henderson. Reno lies 26 miles (42 km) north of the Nevada state capital, Carson City, and 22 miles (35 km) northeast of Lake Tahoe in a shrub-steppe. The area of Western Nevada and the California Sierra Nevada anchored by Reno has a population of approximately 700,000 people. Reno shares its eastern border with the city of Sparks and is the larger of the principal cities of the Reno-Sparks, Nevada Metropolitan Statistical Area (MSA), a metropolitan area that covers Storey and Washoe counties. The MSA had a combined population of 342,885 at the 2000 census. The MSA is combined with the Fernley Micropolitan Statistical Area to form the Reno-Sparks-Fernley Combined Statistical Area, which had a total population of 377,386 at the 2000 census.
Reno, known as "The Biggest Little City in the World", is famous for its casinos, and is the birthplace of the gaming corporation Harrah's Entertainment.
Map of Reno, Nevada FSBO Listings
Additional information about Reno, Nevada
Archaeological finds place the eastern border for the prehistoric Martis people in the Reno area.
As early as the 1850s a few pioneers settled in the Truckee Meadows, a relatively fertile valley through which the Truckee River made its way from Lake Tahoe to Pyramid Lake. In addition to subsistence farming, these early residents could pick up a bit of business from travelers along the California Trail, which followed the Truckee westward, before branching off towards Donner Lake, where the formidable obstacle of the Sierras began.
Gold had been discovered in the vicinity of Virginia City in 1850 and a modest mining community developed, but the discovery of silver in 1859 led to one of the greatest mining bonanzas of all time as the Comstock Lode spewed forth treasure. The Comstock's closest connection to the outside world lay in the Truckee Meadows.
To provide the necessary connection between Virginia City and the California Trail, Charles W. Fuller built a log toll bridge across the Truckee River in 1859. A small community to service travellers soon grew up near the bridge. After two years, Fuller sold the bridge to Myron C. Lake, who continued to develop the community with the addition of a grist mill, kiln, and livery stable to the hotel and eating house. He renamed it ''Lake's Crossing''. In 1864, Washoe County was consolidated with Roop County; Lake's Crossing became the largest town in the county. Lake had earned himself the title, "founder of Reno."
By January 1863, the Central Pacific Railroad (CPRR) had begun laying tracks east from Sacramento, California, eventually connecting with the Union Pacific Railroad at Promontory, Utah to form the first transcontinental railroad. Lake, realizing what a rail connection would mean for business, deeded land to the CPRR in exchange for its promise to build a depot at Lake's Crossing. Once the railroad station was established, the town of Reno officially came into being on May 9, 1868. It was named by CPRR construction superintendent, Charles Crocker in honor of Major General Jesse Lee Reno, a Union officer killed in the American Civil War.
In 1871 Reno became the county seat of the newly expanded Washoe County, replacing the previous county seat, located in Washoe City. However, political power in Nevada remained with the mining communities, first Virginia City and later Tonopah and Goldfield.
The extension of the Virginia and Truckee Railroad to Reno in 1872 provided another big boost to the new city's economy. At first citizens viewed the changes as an omen, however in the following decades, Reno continued to grow and prosper as a business and agricultural center and became the principal settlement on the transcontinental railroad between Sacramento and Salt Lake City.
As the mining boom waned early in the twentieth century, Nevada's centers of political and business activity shifted to the non-mining communities, especially Reno and Las Vegas, and today the former mining metropolises stand as little more than ghost towns. Despite this, Nevada is still the third-largest gold producer in the world, after South Africa and Australia; the state yielded 6.9 percent of the world's supply in 2005 world gold production.
Nevada's legalization of casino gambling in 1931 and the passage of liberal divorce laws created another boom for Reno. Ernie Pyle once wrote in one of his columns "All the people you saw on the streets in Reno were obviously there to get divorces." In Ayn Rand's novel "The Fountainhead", published at the time, the New-York based woman protagonist tells a friend "I am going to Reno", which is taken as a different way of saying "I am going to divorce my husband". Among others, the Belgian-French writer Georges Simenon, at the time living in the US, came to Reno in 1949 in order to divorce his first wife.
The divorce business eventually died as the other states fell in line by passing their own laws easing the requirements for divorce, but gambling continued as a major Reno industry. Beginning in the 1950s, the need for economic diversification beyond gaming fueled a movement for more lenient business taxation.
The presence of a main east-west rail line, the emerging interstate highway system, favorable tax climate and relatively inexpensive land created the ideal conditions for warehousing and distribution of goods to the growing population in the surrounding eleven western states. Today, Reno has the largest concentration of distribution related property per capita in the United States.
Reno has experienced a growing economy which has resulted in new home construction around the metro area. A direct result of this growth and the "Housing bubble" has been a dramatic increase in housing prices in the area, Reno-Sparks being named the 44th most overvalued housing market in the nation in 2006. As of January 2007 Reno’s housing market has fallen by 7% bringing the median home price down to $315,000.
In more recent years, the city has gained some fame as it is the subject of the popular comedy series Reno 911! (which is not, however, filmed in the city).
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