Verdi Real Estate is located 10 miles west of Reno on the Truckee River and has a population of 1,665. Verdi is also located on the Nevada California border with part of the town being located in California. Verdi was a logging town with a network of railways that ventured into the hills to the North and West until the fire of 1926 and the lack of timber put the logging industry in Verdi out of business. There is still a pond in the heart of town that was used for storing logs.
Verdi typically has less than 20 homes listed at a given time and the median price of the listings tends to be around $1,500,000.
Verdi / Mogul median real estate price is $413,784, which is more expensive than 88.8% of the neighborhoods in Nevada and 85.0% of the neighborhoods in the U.S.
The average rental price in Verdi / Mogul is currently $1,727, based on NeighborhoodScout’s exclusive analysis. The average rental cost in this neighborhood is higher than 85.5% of the neighborhoods in Nevada.
Verdi / Mogul is a rural neighborhood (based on population density) located in Reno, Nevada.
Verdi / Mogul real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and mobile homes. Most of the residential real estate is owner occupied. Many of the residences in the Verdi / Mogul neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 2000 and the present.
There is a considerable amount of new home activity in Verdi – well over 500 homes under construction by D.R. Horton (The Estates at West Meadows), and Bates (Meridian 120) – see the Blog on this website for detailed information.