Total monthly cost of ownership
Cost to Own a Home in Washoe Valley, Nevada
A $567,000 home here costs
$3,852per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $2,915. The real number is $937 higher every month — 32% more than the payment most buyers budget for.
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Washoe Valley against Washoe County and Nevada
| Measure | Washoe Valley | Washoe County |
|---|---|---|
| Median home value | $566,600 | $496,600 |
| Median property tax | $2,100 | $2,297 |
| Effective tax rate | 0.371% | 0.463% |
| Median gross rent | — | $1,507 |
| Population | 3,404 | 491,770 |
The weather behind that power bill
Washoe Valley sits in Washoe County, which averages a high of 95.2°F in its hottest month and a low of 16.3°F in its coldest, with 7.72" of precipitation a year and 40% of it in a single three-month stretch. That climate drives 805 cooling and 5,702 heating degree days, which is what sets the $122 electricity line above.
See the full climate breakdown for Washoe County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Washoe County
Common questions
How much does it cost to own a home in Washoe Valley?
A $567,000 home in Washoe Valley, Nevada costs approximately $3,852 per month with 20% down at 6.66%. That is $2,915 principal and interest, $175 property tax, $99 homeowners insurance, $190 utilities and $473 set aside for maintenance.
What is the property tax rate in Washoe Valley?
Washoe Valley has an effective property tax rate of 0.371%, based on a median home value of $566,600 and median real estate taxes of $2,100. That is lower than the Washoe County average of 0.463%.
What is the average home price in Washoe Valley?
The median owner-occupied home value in Washoe Valley, Nevada is $566,600, against $496,600 across Washoe County.
Is it cheaper to rent or buy in Washoe Valley?
Rent data is not published for Washoe Valley at this level of detail.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Washoe Valley — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance — NAIC average premium for Nevada.
- Electricity price — EIA Electric Power Monthly Table 5.6.A.
- Mortgage rate — Freddie Mac PMMS, refreshed weekly.
- Maintenance (1%/yr) and water and sewer ($68/mo) are national estimates. Every assumption above is editable.