Damonte Ranch, Reno · Expired listing analysis
This Reno case study reviews a $100,000 price reduction, a smaller same-street sale at a higher total price, a competing home with the same bedroom count and square footage, and MLS history showing the listing reached a contract stage before expiration.
Primary video · Watch the complete guide above
The home offered five bedrooms, three full bathrooms, 2,801 square feet, a main-floor bedroom and full bath, an upstairs loft, mountain views, a low-maintenance yard, and a tandem three-car garage. These features created a broad package for buyers needing flexible space in Damonte Ranch.
At the final $700,000 asking price, the property was no longer the obvious expensive choice. A smaller four-bedroom home at 10891 Pebble Hill Drive sold for $768,000, or about $334 per square foot. A separate five-bedroom, three-bath, 2,801-square-foot home at 10825 Pebble Hill Drive was concurrently listed at $769,500.
That evidence suggests the relaunch question should go beyond another price cut. Presentation, condition, contract history, buyer confidence, and the clarity of the home’s value story all deserve review. For the broader approach, read the Reno home-selling and expired-listing guide.
This independent analysis is based on MLS and publicly available information and is provided for educational marketing purposes. It is not an appraisal, inspection, legal opinion, or guarantee of a future sale. The reasons a prior contract did not close may not be publicly known, and property facts and current market conditions should be independently verified.
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