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Single Family ResidenceResidential
$514,148$252 / 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 90How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Aug 30, 2026
Last sold for $300,000 on Oct 29, 2015

1340 FALAND WAY

RENO, NV 89503
4
Beds
2
Baths
2,044 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.
0.14 ac
Lot SizeThe size of the land the home sits on, from county records.
1942
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.
1
ParkingThe number of parking spaces on the property, including the garage.

Valuation

$514K
$461K low$567K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$300,000 · Oct 29, 2015

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$804 (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.$65,610 (2026)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$44,835
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$20,775
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$62,203
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$104,012

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.0.14
ConstructionThe main material the home's frame and walls are built from.Frame (Unspecified)
RoofThe main material covering the roof, such as asphalt shingle or tile.Composition Shingle
HeatingThe type of heating system in the home.Forced Air With Air Conditioning
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, Basement
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 · 48 ft²

Transaction History(22)

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.

E
Elmcrest Elementary SchoolC-
Elementary · Grades KG–5 · 1.2 mi
M
Archie Clayton Middle SchoolC+
Middle · Grades 6–8 · 1.4 mi
H
Reno High SchoolA-
High · Grades 9–12 · 1.6 mi

District: Washoe County School District

Neighborhood · ZIP 89503These 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.116
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.87
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.92%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.21%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.18%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.8%
PopulationHow many people live in this area.28,352
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.4,321 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$64,567
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$87,710
Average tempThe average temperature here across a full year.51°F
Annual precipHow much rain and melted snow falls here in a typical year.10 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.79%

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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

1340 Faland 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.

  • Costs less per square foot than 94% of homes in West University
  • Bigger than 87% of homes in Reno 89503
  • Has a smaller lot than 84% of homes in West University
  • Older than 98% of homes in Washoe County

What homes are worth in Reno 89503

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

This home
$183K$736K

This home is worth more than 64% of homes in Reno 89503.

How it measures up in Reno 89503

The dot is this home. The mark in the middle is the typical home in Reno 89503.

Estimated value$514,148
CheaperTypical $483,419Pricier

Pricier than 64% of homes nearby

Price per ft²$252
CheaperTypical $333Pricier

Pricier than 9% of homes nearby

Living area2,044 ft²
SmallerTypical 1,376 ft²Bigger

Bigger than 87% of homes nearby

Lot size0.14 ac
SmallerTypical 0.15 acBigger

Bigger than 31% of homes nearby

Year built1942
OlderTypical 1972Newer

Newer than 6% of homes nearby

How 1340 Faland Way ranks against every home in each area.
MeasureThis homeWest UniversityReno 89503Washoe County
Estimated valuepricier than$514,14838% of homes64% of homes37% of homes
Price per ft²pricier than$2526% of homes9% of homes10% of homes
Living areabigger than2,044 ft²80% of homes87% of homes64% of homes
Lot sizebigger than0.14 ac16% of homes31% of homes28% of homes
Year builtnewer than194225% of homes6% of homes2% of homes

About 1340 Faland Way

How much is 1340 Faland Way, Reno, NV worth?

The TopHap Estimate for 1340 Faland Way, Reno, NV is $514,148 as of Aug 30, 2026. The likely range is $461,470 to $566,826. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 1340 Faland Way, Reno, NV last sell?

1340 Faland Way, Reno, NV last sold on Oct 29, 2015 for $300,000, according to the county's recorded deed. TopHap holds 9 recorded sales for this parcel.

How big is 1340 Faland Way, Reno, NV?

1340 Faland Way, Reno, NV has 4 bedrooms, 2 bathrooms, 2,044 square feet of living space and a 0.14-acre lot.

When was 1340 Faland Way, Reno, NV built?

1340 Faland Way, Reno, NV was built in 1942, making it 84 years old. The building has 1 story.

What schools serve 1340 Faland Way, Reno, NV?

1340 Faland Way, Reno, NV is assigned to Elmcrest Elementary School (elementary), rated C-; Archie Clayton Middle School (middle), rated C+; Reno High School (high), rated A-. All sit in Washoe County School District. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 1340 Faland Way, Reno, NV compare to other homes in Reno 89503?

Among the 8,876 homes in Reno 89503, it is worth more than 64% of them ($514,148 against a typical $483,419), its price per square foot is higher than 9% of them ($252 against a typical $333), it is bigger than 87% of them (2,044 ft² against a typical 1,376 ft²), its lot is bigger than 31% of them (0.14 ac against a typical 0.15 ac) and it is newer than 6% of them (1942 against a typical 1972). Measured against all of Washoe County, it is worth more than 37% 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 1340 Faland Way, Reno, NV?

The 2025 property tax bill for 1340 Faland Way, Reno, NV was $804. The county assessed it at $65,610.

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