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Single Family ResidenceResidential
$1,564,917$359 / ft²
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 96How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Jul 14, 2026
Last sold for $660,000 on Jul 17, 2015

12940 WELCOME WAY

RENO, NV 89511
4
Beds
4
Baths
4,357 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
0.61 ac
Lot SizeThe size of the land the home sits on, from county records.
1997
Year BuiltThe year the home was originally built, according to county records.
2
StoriesHow many floors the home has above ground.
4
ParkingThe number of parking spaces on the property, including the garage.

Valuation

$1.6M
$1.5M low$1.6M high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$660,000 · Jul 17, 2015
Est. Owner EquityRoughly how much of the home's value the owner would keep after paying off known loans. It is our estimate minus the loans still owed.$1,564,917
Est. Lendable EquityThe part of the owner's equity a lender would typically let them borrow against — about 80% of their equity.$1,251,934

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$8,447 (2025)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$303,399 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$92,750
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$210,649
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$298,935
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$866,855

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residence
CountyWashoe
Lot (acres)The size of the land the home sits on, from county records.0.61
ConstructionThe main material the home's frame and walls are built from.Frame (Unspecified)
FoundationWhat the home is built on, such as a concrete slab, a crawl space, or a basement.Wood (Unspecified)
RoofThe main material covering the roof, such as asphalt shingle or tile.Concrete
HeatingThe type of heating system in the home.Forced Air
CoolingThe type of cooling or air conditioning in the home.Yes
FireplaceWhether the home has a fireplace, and what kind.Yes
GarageWhether the property has a garage, and details like whether it is attached to the home.Garage, Built-in
PoolWhether the property has a pool, and what kind, such as in-ground.No
FeaturesExtra features found in county records. Records are not complete everywhere, so a missing feature does not always mean the home lacks it.Porch · 88 ft²

Transaction History(7)

Sales and refinances filed with the county for this home. Not every transfer is a normal sale, so check the type before comparing prices.

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

M
Marce Herz Middle SchoolA-
Middle · Grades 6–8 · 0.6 mi
E
Ted Hunsburger Elementary SchoolA
Elementary · Grades KG–5 · 0.9 mi
H
Galena High SchoolB
High · Grades 9–12 · 1.6 mi

District: Washoe County School District

Neighborhood · ZIP 89511These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.65
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.88
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.292

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.91%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.28%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.5.4%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.4%
PopulationHow many people live in this area.30,600
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.217 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$125,651
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$164,317
Average tempThe average temperature here across a full year.42°F
Annual precipHow much rain and melted snow falls here in a typical year.38 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.79%

Ownership

OccupancyWhether the owner appears to live here or somewhere else. It is inferred from the mailing address on record.Owner occupied
Company ownedWhether the owner is a company or trust rather than a person.Yes

Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

12940 Welcome Way measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Worth more than 94% of homes in Washoe County
  • Costs less per square foot than 97% of homes in Fieldcreek Ranch
  • Among the largest homes in Washoe County
  • Has a bigger lot than 90% of homes in Washoe County

What homes are worth in Reno 89511

Each bar is how many homes fall in that price range. The marker is this home.

This home
$249K$4.4M

This home is worth more than 67% of homes in Reno 89511.

How it measures up in Reno 89511

The dot is this home. The mark in the middle is the typical home in Reno 89511.

Estimated value$1,564,917
CheaperTypical $1,189,415Pricier

Pricier than 67% of homes nearby

Price per ft²$359
CheaperTypical $447Pricier

Pricier than 26% of homes nearby

Living area4,357 ft²
SmallerTypical 2,621 ft²Bigger

Bigger than 90% of homes nearby

Lot size0.61 ac
SmallerTypical 0.49 acBigger

Bigger than 59% of homes nearby

Year built1997
OlderTypical 1997Newer

Newer than 52% of homes nearby

How 12940 Welcome Way ranks against every home in each area.
MeasureThis homeFieldcreek RanchReno 89511Washoe County
Estimated valuepricier than$1,564,91772% of homes67% of homes94% of homes
Price per ft²pricier than$3593% of homes26% of homes61% of homes
Living areabigger than4,357 ft²92% of homes90% of homesalmost all homes
Lot sizebigger than0.61 ac60% of homes59% of homes90% of homes
Year builtnewer than199756% of homes52% of homes56% of homes

About 12940 Welcome Way

How much is 12940 Welcome Way, Reno, NV worth?

The TopHap Estimate for 12940 Welcome Way, Reno, NV is $1,564,917 as of Jul 14, 2026. The likely range is $1,501,953 to $1,627,881. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 12940 Welcome Way, Reno, NV last sell?

12940 Welcome Way, Reno, NV last sold on Jul 17, 2015 for $660,000, according to the county's recorded deed. TopHap holds 6 recorded sales for this parcel.

How big is 12940 Welcome Way, Reno, NV?

12940 Welcome Way, Reno, NV has 4 bedrooms, 4 bathrooms, 4,357 square feet of living space and a 0.61-acre lot.

When was 12940 Welcome Way, Reno, NV built?

12940 Welcome Way, Reno, NV was built in 1997, making it 29 years old. The building has 2 stories.

What schools serve 12940 Welcome Way, Reno, NV?

12940 Welcome Way, Reno, NV is assigned to Marce Herz Middle School (middle), rated A-; Ted Hunsburger Elementary School (elementary), rated A; Galena High School (high), rated B. All sit in Washoe County School District. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 12940 Welcome Way, Reno, NV compare to other homes in Reno 89511?

Among the 10,484 homes in Reno 89511, it is worth more than 67% of them ($1,564,917 against a typical $1,189,415), its price per square foot is higher than 26% of them ($359 against a typical $447), it is bigger than 90% of them (4,357 ft² against a typical 2,621 ft²), its lot is bigger than 59% of them (0.61 ac against a typical 0.49 ac) and it is newer than 52% of them (1997 against a typical 1997). Measured against all of Washoe County, it is worth more than 94% of homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 12940 Welcome Way, Reno, NV?

The 2025 property tax bill for 12940 Welcome Way, Reno, NV was $8,447. The county assessed it at $303,399.

Closest homes

More homes in Reno 89511

Assigned schools

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