First-Time Buyers
- Entry plans from the low $550Ks
- Brand-new with builder warranty
- Modern energy efficiency (lower utilities)
- FHA and conventional financing available

Nevada's #1 team for Talus Valley real estate. Search new-construction homes for sale in south Reno's newest master-planned community — modern single-family homes from $550K to $900K+ in the Huffaker Hills foothills, ZIP 89521.
Talus Valley and ZIP 89521 carry active new-construction and limited-resale listings as of June 2026 according to NREG’s MLS analysis and Northern Nevada Regional MLS data, spanning $550K entry single-family homes to $900K+ premium foothill lots. The eight newest listings appear below, refreshed throughout the day, with every active Talus Valley property searchable in our live MLS portal.
Listing information is provided through the MLS Internet Data Exchange program and is deemed reliable but not guaranteed. Inventory checked Nov 3, 2026, 4:21 AM Pacific; availability and prices may change.
MEDIAN LIST PRICE (ZIP 89521)
$699K
NREG analysis of NNRMLS data via Repliers, as of November 2, 2026
DAYS ON MARKET (ZIP 89521)
61
NREG analysis of NNRMLS data via Repliers, as of November 2, 2026
HOA (MASTER)
$80-$180/mo
Talus Valley Community HOA
TO AIRPORT
12 min
Via I-580 north
Property research
Verify for your address
Confirm current school assignments, association documents, parcel taxes, and insurance with the applicable sources.
Last updated
September 26, 2026
Individual data periods may differ from the page update date.
KEY TAKEAWAYS
Talus Valley is south Reno's newest master-planned community — 980 acres in the Huffaker Hills foothills planned for nearly 4,000 homes per NREG’s MLS analysis — with a ZIP 89521 median list price near $699,000 and homes going under contract in roughly 61 days per Northern Nevada Regional MLS. The five takeaways below cover what buyers need to know before touring.
Last updated November 2026 · Sources: NREG’s MLS analysis, U.S. Census, NNRMLS
PRICE DISTRIBUTION
The ZIP 89521 median list price sits at $699K per NREG’s MLS analysis November 2026 NNRMLS data, with inventory clustering in the $600K-$800K family-home band. Each card below shows current active-listing counts by price range, so you can gauge real competition in your budget before you start touring Talus Valley neighborhoods.
Talus Valley's active listings span multiple price bands and property types — each link below opens our live NNRMLS search pre-filtered to that slice, with listing counts updated daily from NREG’s MLS analysis and NNRMLS data. Entry plans start near $550K; premium foothill lots reach $900K+.
Tap a community card to see current listings, price ranges, HOA details, and what daily life looks like inside each section of Talus Valley.
290 active listings across ZIP 89521 as of November 2, 2026 · MLS data
STAY AHEAD OF THE MARKET
Custom alerts by price, beds, baths, and home features — no spam, unsubscribe anytime. With Talus Valley builder releases selling quickly and resale inventory limited, buyers who see new listings within hours hold a real edge over buyers who check portals weekly.
Ask the district for the address-specific school assignment for the enrollment year, since boundaries change, and confirm it before you buy. Proximity to a school does not guarantee admission; charter, magnet and private schools set their own rules. Check Washoe school zoning · Nevada Report Card
CRIME DATA
Ask the law-enforcement agency that serves the address for its current reports, and compare places only across the same reporting period, boundary and offense definitions. Missing records do not mean zero crime, the FBI cautions against ranking communities on crime totals alone, and a citywide figure does not describe a particular street.
FBI crime data resources · FBI guidance on comparing communities
Talus Valley delivers brand-new master-planned living in south Reno's Huffaker Hills foothills — trail systems, mountain views, and modern homes from $550K to $900K+. The City of Reno I-580 corridor puts downtown and the airport within 15 and 12 minutes, Lake Tahoe 45 minutes away, and South Meadows retail 8 minutes by car.
Talus Valley is known as one of south Reno's newest and fastest-growing master-planned communities — built in the Huffaker Hills foothills with trail systems, open space, and a pipeline of nearly 4,000 new homes across multiple builder phases. The combination of new construction, foothill views, and south Reno's short airport commute makes it a standout for California relocators and first-time buyers.
Talus Valley fits California relocators seeking tax savings and a brand-new home, young families who want Washoe County schools and trails, first-time buyers moving into a new single-family home, and move-up buyers who want modern construction without paying a custom-build premium. The $550K-$900K range makes it one of the most accessible new master-plans in the Reno market.
Daily life runs between the foothill trails and the South Meadows corridor: a short drive to Costco, Target, and the Damonte Ranch retail strip, morning walks on community trails with Huffaker Hills views, and weekends skiing at Mt. Rose Ski Tahoe (about 45 minutes) or exploring Lake Tahoe. Downtown Reno restaurants and the Truckee Riverwalk are about 15 minutes north via I-580.
Talus Valley sits in the Huffaker Hills foothills of southeast Reno (ZIP 89521), accessed via Veterans Parkway. The community extends roughly two miles from the South Meadows Parkway area toward Donner Springs. Elevation approximately 4,600-5,100 ft in the foothill sections. About 15 minutes from downtown Reno via I-580.
Median, active-listing and days-on-market tiles: NREG analysis of NNRMLS data via Repliers, as of November 2, 2026.
Quick Answer
Yes. Talus Valley is emerging as one of the top new-construction communities in south Reno for lifestyle, value, and location. Brand-new homes with builder warranties, foothill views, trail systems, and a 12-minute airport commute create a package that would cost significantly more in comparable Bay Area or Scottsdale master plans. Nevada's zero state income tax adds an estimated $8,000-$50,000+ per year in savings for most California households.
According to the U.S. Census Bureau, the tiles below compare housing and population figures for Talus Valley and its surrounding area with the wider county. Each tile's label names the area it covers.
These are housing and population counts only. We don't describe who lives in a neighborhood or suggest which buyers it suits. Compare homes by their features, location, HOA terms and total cost, and use the Census source for the full tables.
Source: U.S. Census Bureau ACS 2020–2024 5-year estimates (ZIP 89521) and Vintage 2025 population estimates (Washoe County) · Updated
POPULATION & GROWTH
Talus Valley is actively building out from its 2021 launch, with phase releases filling quickly as California in-migration into south Reno outpaces new supply.
Growth in ZIP 89521 tracks master-plan phase releases and California net in-migration. Talus Valley's launch in 2021 accelerated new-home supply in the foothills; each builder release sells quickly, and the planned nearly 4,000-home build-out will be one of the largest new additions to the south Reno housing stock.
Sources: U.S. Census Bureau (decennial counts) and U.S. Census Bureau ACS 2020–2024. ZIP 89521: 2010 and 2020 are decennial Census counts; the last bar is the ACS 2020–2024 5-year estimate. Last updated September 2026.
REPORTED MARKET SERIES
Median list price, days on market, and active inventory from Northern Nevada Regional MLS ZIP 89521 data, refreshed monthly via the NREG’s analysis of NNRMLS data. The south Reno corridor has held near $650K year-over-year with a +2.4% gain. The three charts below show the past twelve months of movement.
Median List Price (ZIP 89521)
+2.4% YoY (May 2025 -> May 2026)
Source: NREG analysis of Northern Nevada Regional MLS data via Repliers
Days on Market
38 -> 45 days YoY (seasonal softening winter)
Source: NREG analysis of Northern Nevada Regional MLS data via Repliers
Active Listings
Growing as new builder phases release
Source: NREG analysis of Northern Nevada Regional MLS data via Repliers
The long view: the median sold price in ZIP 89521 rose 49% between 2015 ($326,575) and 2020 ($485,635), across 9,274 recorded closings — Northern Nevada Regional MLS (NNRMLS) records via Repliers.
HOMES GOING FAST
Market Competitiveness
Talus Valley is moderately competitive — new-construction homes with builder incentives such as rate buydowns move quickly when released; resale inventory is limited given the 2021 community start. The $600K-$800K family-home band moves fastest at 38-45 median days; premium foothill lots above $850K typically take eight to twelve weeks as the qualified buyer pool narrows.
Compare individual homes by the features, services, and total ownership costs that matter to you. The points below can help structure your property research before you make an offer.
Ready to explore homes in Talus Valley? Our team knows every builder release, HOA document, and floor plan available in the community.
Start Your Talus Valley SearchNeighborhood Comparison
A like-for-like comparison of the four most-searched south and southeast Reno communities — median price, price per square foot, days on market, HOA, and lifestyle fit — using active-listing data refreshed monthly via NREG’s MLS analysis and NNRMLS. Prices span $450K in South Meadows to $900K+ in Talus Valley's premium foothill tier.
| Submarket | Median Price | $ / Sq Ft | Days on Market | Active Listings | Best For |
|---|---|---|---|---|---|
| Talus Valley | $650,000 | ~$300 | 45 | 110 | New Construction · Foothills · Families |
| Damonte Ranch | $565,000 | ~$290 | 28 | 256 | Established · Families · Value |
| South Meadows | $520,000 | ~$275 | 30 | 140 | Value · Established · Retail Access |
| Steamboat | $480,000 | ~$260 | 35 | 68 | Value · Rural Edge · No HOA |
Source: NREG’s MLS analysis and NNRMLS data, June 2026. Median prices based on active listings; days on market from closed sales.
Community Deep Dive
Submarket 1
South Reno's newest master-planned community — brand-new construction from $550K in the Huffaker Hills foothills, with trail systems, open space, and a planned town center on nearly 980 acres.
Browse Talus Valley homes →Submarket 2
South Reno's family-value play from the 2000s — established landscaping, top WCSD school assignments, Regency 55+ active-adult section, and strong resale velocity.
Browse Damonte Ranch homes →Submarket 3
1990s-2000s established neighborhood with mature landscaping, lower HOA, and the South Meadows retail corridor at the doorstep — the most affordable entry in the south Reno corridor.
Browse South Meadows homes →Submarket 4
South Reno's rural-edge community along the Truckee River canyon — older homes, lower price points, and a more relaxed character than the master-planned corridors.
Browse Steamboat homes →Submarket 5
The premium tier within Talus Valley — larger foothill lots with mountain views, floor plans above 2,800 sq ft, and pricing from $800K-$900K+. New construction in this tier offers the views and square footage of a custom build at a production price.
Browse Talus Valley Premium Foothill Tier homes →Talus Valley sits in the Huffaker Hills foothills of southeast Reno (ZIP 89521), accessed via Veterans Parkway. Damonte Ranch is about 10 minutes west, South Meadows 8 minutes northwest, and downtown Reno is roughly 15 minutes north via I-580. Reno-Tahoe International Airport sits about 12 minutes north via I-580.
STILL DECIDING?
BY ZIP CODE
ZIP 89521 covers Talus Valley and the broader south Reno corridor including Damonte Ranch and South Meadows. The table below puts the ZIP in context against neighboring Reno ZIP codes — median price, price per square foot, days on market, active inventory, and year-over-year price growth — using Northern Nevada Regional MLS data.
| ZIP | Primary Area | Median Price | $ / Sq Ft | Days on Market | Active | YoY |
|---|---|---|---|---|---|---|
| 89521 | Talus Valley · Damonte Ranch · South Meadows | $650K | ~$300 | 45 | ~256 | +2.4% |
| 89511 | South Reno · Galena · ArrowCreek | $745K | ~$355 | 40 | 268 | +2.8% |
| 89523 | Somersett · Northwest Reno | $620K | ~$315 | 32 | 210 | +1.9% |
| 89519 | Old Southwest · Caughlin Ranch | $725K | ~$340 | 36 | 142 | +3.1% |
| 89509 | Midtown · Central · Lakeridge | $520K | ~$310 | 34 | 174 | +1.5% |
| 89506 | North Valleys · Sky Vista | $440K | ~$255 | 30 | 188 | +0.8% |
Source: NREG’s MLS analysis and NNRMLS. Medians from active listings; YoY from closed sales, 2026 vs 2025 year-to-date. Per-sqft figures approximate. ZIP boundaries per Washoe County GIS.
New Construction
Talus Valley is a multi-builder master plan launched in 2021 by Newport Pacific Land, with Lennar among the primary builders offering new single-family homes from roughly 1,600 to over 3,200 square feet. Production home releases in the $550K-$900K range sell quickly — verify current incentives, because rate buydowns and closing-cost credits change month to month.
Outdoor Recreation
Talus Valley is purpose-built for outdoor living: on-site trail systems through the Huffaker Hills foothills, neighborhood parks, and preserved open space. Lake Tahoe and Mt. Rose Ski Tahoe sit roughly 45 minutes away. The City of Reno maintains Galena Creek Recreation Area and Huffaker Hills Open Space within 15-20 minutes.
ON-SITE
Trail systems woven through the Huffaker Hills foothills — foothill and mountain views with access to the community's open space corridors.
ON-SITE
Planned neighborhood parks throughout the master plan, with greenways connecting residential sections to open space.
10 MIN
City-managed open space in the Huffaker Hills directly adjacent to the south Reno foothills — hiking and mountain biking trails with valley and Sierra views.
45 MIN
The closest major ski resort to Reno, with the highest base elevation at Lake Tahoe and dependable deep Sierra snow from November through April.
45 MIN
North America's largest alpine lake — public beaches, marinas, and a dozen surrounding ski resorts within one drive from south Reno.
30 MIN
Forested Sierra trails and a visitor center on the Mt. Rose Highway — the closest wilderness trailhead to the south Reno corridor.
10 MIN
Sports fields, walking paths, and community events in the heart of the south Reno corridor, just 10 minutes from Talus Valley.
20 MIN
Reno's flagship regional park, home to the Great Reno Balloon Race and the Wilbur D. May Arboretum.
The Talus Valley Lifestyle
Three Sierra experiences within 45 minutes of the driveway: morning hiking on the Huffaker Hills trails per the City of Reno, an afternoon at South Meadows retail and dining, and a ski day at Mt. Rose or a beach day at Lake Tahoe — all from a brand-new home in south Reno's newest master plan.
THIS WEEKEND'S OPEN HOUSES
Talus Valley builder model homes from Lennar are typically open daily by appointment or on scheduled open-house days. Resale listings in ZIP 89521 follow the typical Friday-Sunday open-house pattern. Set up instant alerts to get notified when a home in your price range schedules an open house, or browse every active Talus Valley listing now.
Budget around the specific home, not a community average. Before you compare the cost of a move to Talus Valley, get these in writing:
The full step-by-step relocation checklist, from timeline to first-week setup, is in one place.
Open the relocation guideECONOMY & JOBS
Talus Valley taps the Reno-Sparks MSA job base — manufacturing, healthcare, and data centers — with a 12-minute airport commute. According to the U.S. Bureau of Labor Statistics, MSA unemployment at 4.0% in July 2026 (BLS, preliminary), driven by Tesla, Switch, and Panasonic at the Tahoe-Reno Industrial Center (30-35 min) and Renown Health and UNR downtown (15 min).
Sources: U.S. Bureau of Labor Statistics, U.S. Census Bureau. Last updated June 2026.
COMMUNITY COMPARISON
Choosing between Reno's top south and northwest master plans? This table compares Talus Valley (median $650K, new construction), Damonte Ranch ($565K, established families), South Meadows ($520K, value entry), and Somersett ($620K, golf master-plan). Metrics are from NREG’s MLS analysis, the U.S. Census, and BLS Reno-Sparks MSA.
| Metric | Talus Valley | Damonte Ranch | South Meadows | Somersett |
|---|---|---|---|---|
| Median List Price | $650K | $565K | $520K | $620K |
| Price / Sq Ft | ~$300 | ~$290 | ~$275 | ~$315 |
| Days on Market | 45 | 28 | 30 | 32 |
| HOA / Month | $80-$180 | $50-$150 | $40-$120 | $130-$220 |
| Guard-Gated | No | No | No | Sub-enclaves only |
| Construction Type | New (2021+) | Resale (2000s) | Resale (1990s+) | Mix resale/new |
| Airport Commute | 12 min | 15 min | 15 min | 20 min |
| Best For | New build · Foothills · Families | Families · Value | Entry · Established | Golf · Move-up · All tiers |
Sources: NREG’s analysis of NNRMLS data, U.S. Census ACS. Last updated June 2026.
Build a property-specific budget using a lender quote, the parcel tax estimate, insurance quotes and association documents. The starting amounts below are editable illustrations, not current local rates or verified fees. Compare the result with your Loan Estimate, and budget separately for maintenance, utilities and closing costs.
Inputs are assumptions, not a loan offer, insurance quote or parcel tax calculation. This simplified fixed-rate example applies the selected PMI rate below 20% down; actual mortgage-insurance eligibility, cost and cancellation depend on the loan. Maintenance, utilities, closing costs and special assessments are additional. Review the CFPB housing budget guide and confirm amounts with the relevant providers.
BUYING AND RENTING
Compare actual homes that meet the same needs over your expected time in the area. A purchase price and an advertised rent alone do not establish which option costs less. Use current quotes and separate monthly cash flow, upfront cash, and the amount you might recover when moving.
Start with the down payment, lender and closing charges, and any immediate repairs. Add principal and interest, property taxes, insurance, mortgage insurance where applicable, association dues, utilities and ongoing maintenance. Identify expenses paid outside escrow so they are included in your household budget.
For a later sale, model the remaining loan balance and selling expenses. Appreciation is uncertain; compare unchanged-price and lower-price cases as well as any growth assumption. Principal repayment builds an ownership interest, but that does not guarantee a profit or make every cash payment recoverable.
Use an actual lease offer and confirm the term, deposit, renewal provisions, parking, pet charges, utilities and renter's insurance. Record which maintenance services are included and any costs or restrictions associated with an early move. An advertised starting rent may not include every required charge.
Keep the comparison consistent: use the same time period, household needs and moving assumptions. Include the cash that remains available when a down payment is not used, without assuming a guaranteed investment return. Your need for flexibility and responsibility for repairs also matter alongside the financial figures.
There is no verified community-wide holding period or five-year equity gain shown here. Ask your lender to explain financing assumptions and have a tax professional assess any claimed tax benefit for your circumstances. Keep a copy of the quotes and dates so you can update the comparison before making an offer.
PROPERTY-SPECIFIC ASSOCIATION COSTS
A community name does not establish a property's current dues or all the associations that govern it. Obtain the applicable resale package, budget and governing documents for the exact address. Confirm the effective date and payment frequency of each fee with the association or its manager.
Identify master and sub-association dues separately. Check whether utilities, exterior maintenance, insurance, amenities or club access are included, optional or billed separately. A listing's monthly figure may omit a quarterly or annual charge, and an advertised amenity does not establish membership rights.
Ask about transfer, document, capital-contribution and other transaction fees, as well as approved or proposed assessments. Confirm who pays each item under the contract. Review available reserve and budget information; historical dues are not a guarantee of future charges.
Verify the actual rules for leasing, pets, parking, property changes and amenity access. Age restrictions and gate staffing require their own current documentation. Do not assume neighboring subdivisions or similarly named communities have identical rules, services or fees.
COMMUTE & TRANSPORTATION
From Talus Valley via Veterans Parkway and I-580, downtown Reno is 15 minutes away and Reno-Tahoe International Airport is just 12 minutes north — among the shortest airport commutes of any south Reno master plan. Mean commutes in ZIP 89521 average near 20 minutes per U.S. Census ACS data, far below Bay Area averages most California relocators leave behind.
Drive times are typical off-peak estimates for the route named; check live traffic before you rely on one.
Quick Answer
New-construction spec homes at Talus Valley typically close in 30-60 days when the home is already built; build-to-order contracts run 4-10 months. Resale transactions in ZIP 89521 close in 30-45 days; cash offers in 7-14 days. Builder contracts carry penalty clauses for buyer-caused delays — confirm financing is fully in order before signing.
Quick Answer
Conventional loans generally want 620+; FHA allows 580+ with 3.5% down for eligible buyers. Jumbo financing — required above $833K on some Talus Valley premium-tier homes — typically requires 700+ with 20% down. Builder preferred lenders often have access to special rate buydown programs; even if their base rate is higher, the net cost after the buydown can beat a conventional outside lender. Get quotes from both before deciding.
Talus Valley FAQ — 16 Answers
The median asking price for a Talus Valley home is about $699,000 per Northern Nevada Regional MLS data for ZIP 89521, at roughly $290-$310 per square foot on new-construction deliveries. Entry-level single-family homes from Lennar and other builders start near $550K, mid-tier four-bedroom plans cluster around $699K-$800K, and premium lots with foothill views and larger floor plans above 2,800 sq ft approach $900K and above.
Talus Valley is one of the newest master-planned communities in south Reno, launched in 2021 across roughly 980 acres in the Huffaker Hills foothills. Unlike established resale neighborhoods such as Damonte Ranch or South Meadows, virtually every Talus Valley home is new construction with builder warranties, modern energy efficiency, and a master plan designed around trails, open space, and a planned future town center. Buyers get a contemporary floor plan without the premium of a custom build.
Talus Valley HOA dues generally run $80-$180 per month, which covers common-area landscaping, trail maintenance, and community park upkeep. Specific builder sub-associations may stack modest additional dues. Always request the full dues statement, transfer fees, and any pending special-assessment disclosures before writing an offer on a new-construction contract.
No. Talus Valley is an open-access master-planned community without a staffed gate. The foothill setting, defined community entries via Veterans Parkway, and active HOA create a safe, low-through-traffic environment without the premium of a guard-gated enclave such as Montreux or ArrowCreek. Buyers seeking gated living at the south Reno price point may also consider ArrowCreek about 10-15 minutes southwest.
Talus Valley sits in the Washoe County School District. The surrounding south Reno corridor is served by well-regarded WCSD schools; confirm exact assignments by street address since zone boundaries can shift between builder phases. Nearby options include Hunsberger Elementary (8/10 GreatSchools) and Marce Herz Middle School (9/10). Galena High School (9/10) and Damonte Ranch High School are the primary high-school feeds for the south corridor.
From Talus Valley via Veterans Parkway and I-580, downtown Reno is roughly 15 minutes in typical traffic. Reno-Tahoe International Airport is closer at about 12 minutes via I-580 north — one of the shortest airport drives of any south Reno master plan. Lake Tahoe's south shore is roughly 45 minutes via US-50; Incline Village on the north shore is about 50 minutes via the Mount Rose Highway.
Talus Valley homes typically sell in about 61 days from list to accepted offer per NNRMLS data for ZIP 89521. New-construction spec homes sold from a builder model go quickly when incentives such as rate buydowns are offered; resale turnover is limited given the community's 2021 start date, which means most owners are still in the build-equity phase rather than selling.
Talus Valley is built around an outdoor-living framework: trail systems through the Huffaker Hills foothills, neighborhood parks, greenways, and preserved open space across the roughly 980-acre plan. A commercial town center is planned to anchor everyday shopping and dining as the community fills in. South Meadows Parkway retail — Costco, Target, and the South Meadows corridor restaurants — is about 8 minutes by car.
Yes — Talus Valley is an actively building community with new home releases from builders including Lennar, offering floor plans from roughly 1,600 to over 3,200 square feet in one- and two-story configurations. Builder incentives such as rate buydowns and closing-cost credits change month to month; call Nevada Real Estate Group at (775) 277-2120 to find out which phases are currently selling and whether current incentives are available.
Property taxes in Talus Valley follow Washoe County's low-by-national-standards effective rate of roughly 0.5-0.7% of market value. Nevada caps annual increases on a primary residence at 3% under Nevada Revised Statutes 361.4723 once the owner claims it (homes that are not owner-occupied get a cap of up to 8%). On a $699K Talus Valley home, the annual tax bill typically runs $3,500-$4,890 depending on assessed value — paired with Nevada's zero state income tax, the total carrying cost compares favorably to California equivalents at a fraction of the price.
Talus Valley is newer (2021+), set further into the foothills, and exclusively new construction, while Damonte Ranch (2000s, $450K-$800K) and South Meadows (1990s-2000s, $450K-$750K) are established resale communities with mature landscaping. Talus Valley's price band of $550K-$900K+ puts it at the upper end of the south Reno corridor, with the trade-off being builder warranty and modern floor plans versus the mature landscaping and lower-priced entry of older neighborhoods.
Talus Valley offers primarily new single-family detached homes in one- and two-story configurations, ranging from roughly 1,600 sq ft starter plans to 3,200+ sq ft move-up and premium layouts. Floor plan pricing runs from the low $550Ks for smaller entry plans to $900K and above for larger premium lots with foothill views. As the master plan fills in, a modest number of early resales are also beginning to come to market.
Budget for builder contract differences: new-construction purchase agreements favor the builder and carry specific contingency and closing timelines that differ from a standard resale contract. Confirm school assignments by street address, since zone lines can split the master plan. Foothill lots may carry wildfire defensible-space requirements. Get pre-approved before touring; many builder sales offices require a lender letter before releasing a purchase contract.
Most Talus Valley buyers put down 5%-20%. Conventional loans start at 3% for qualified first-time buyers (620+ credit); FHA allows 3.5% with 580+ credit. At the $699K ZIP median, 10% down is $69,900 and 20% is $139,800. Builders may offer preferred-lender incentives that include rate buydowns or closing-cost credits worth $5,000-$15,000 — ask the sales agent what the current promotion looks like before choosing your lender.
It depends on priorities. Talus Valley offers brand-new construction with builder warranties and modern floor plans in the $550K-$900K range; Damonte Ranch is an established 2000s-era community with mature landscaping and slightly lower entry pricing ($450K-$800K) but an older housing stock. Talus Valley's foothill setting delivers more dramatic views and trail access; Damonte Ranch's Regency 55+ section is the area's top active-adult option. Tour both; they sit about 10-12 minutes apart.
New-construction spec homes at Talus Valley typically close in 30-60 days when the home is already built. Build-to-order contracts from a builder like Lennar can run 4-10 months depending on the phase and the builder's backlog. Resale transactions in ZIP 89521 generally close in 30-45 days. Cash offers can close in 7-14 days. Builder closings are date-certain once conditions are met — lender delays are the most common cause of builder-assessed penalties.
Updated November 2026
STILL HAVE QUESTIONS?
Want more Nevada real estate answers like this in your Google results?
PEOPLE ALSO ASK
These are the questions Talus Valley buyers search on Google and ask AI assistants — each answered with verifiable specifics: prices from the NREG’s MLS analysis, school ratings from GreatSchools, HOA figures from the Talus Valley Community HOA, and tax data from the Washoe County Assessor.
Yes — Talus Valley is emerging as one of the best new-construction communities in south Reno. The Huffaker Hills foothill setting, trail systems, mountain views, and brand-new homes with builder warranties deliver a lifestyle quality well above older south Reno resale neighborhoods at a similar or lower price point. The planned town center will add everyday amenities as the community fills in.
Talus Valley is served by the Washoe County School District's strong south Reno corridor. Marce Herz Middle School and Galena High School both earn 9/10 from GreatSchools. Confirm elementary assignment by street address, since zone lines can split the master plan. Private options including Sage Ridge School and Bishop Manogue Catholic High are 15-20 minutes away.
Lennar is among the primary builders in Talus Valley, offering new single-family homes from roughly 1,600 to over 3,200 square feet in one- and two-story designs. The master plan is developed by Newport Pacific Land and is planned to grow to nearly 4,000 homes across multiple phases. Call Nevada Real Estate Group at (775) 277-2120 to find out which phases are currently releasing.
Yes. Talus Valley's master plan is designed for families from the ground up — trail systems, neighborhood parks, and green space throughout the 980 acres. The Washoe County School District's south Reno corridor includes Marce Herz MS (9/10) and Galena HS (9/10). Brand-new homes mean updated safety codes, modern energy efficiency, and no surprise maintenance for the first 10 years of ownership.
A $699K purchase with 10% down at 7% runs roughly $4,776/month all-in — principal, interest, 0.6% property tax, insurance, $130 HOA, and PMI. That compares to about $2,400/month to rent a comparable single-family home in the corridor. Nevada's zero state income tax offsets much of the ownership premium for California relocators with substantial earned income.
Talus Valley is in ZIP code 89521, which covers the south Reno corridor including Damonte Ranch and South Meadows. The median list price in 89521 runs approximately $699,000 per Northern Nevada Regional MLS data as of November 2026.
Yes — Reno-Tahoe International Airport is approximately 12 minutes north via I-580, making Talus Valley one of the best-positioned south Reno master plans for remote workers and frequent travelers. The quick airport commute is a meaningful advantage versus Northwest Reno communities 20+ minutes from the terminal.
About 45 minutes. South shore Lake Tahoe is roughly 45 minutes via US-50; Incline Village on the north shore is about 50 minutes via the Mount Rose Highway. Mt. Rose Ski Tahoe is about 45 minutes via NV-431 — close enough for a ski day without an overnight.
WHY NEVADA REAL ESTATE GROUP
Direct builder relationships across Lennar and other Talus Valley phases, 150+ licensed agents statewide, and 9,097+ verified five-star reviews. With 9,600+ closed transactions and $4.85B+ in total volume since 2011, Nevada Real Estate Group ranks #1 in Nevada — and that reach covers every price tier from Talus Valley entry plans to south Reno luxury.
WORK WITH THE BEST
Tell the team about your preferred area, budget, timing and property requirements. Ask about representation and the records needed to evaluate a particular home. Review current listings, comparable sales and the written terms of any services before deciding how to proceed. Contacting the team does not guarantee a purchase, sale price or response deadline.
NEARBY COMMUNITIES
Compare Talus Valley with neighboring south Reno communities and nearby Northern Nevada options. Each card pairs the commute time to Talus Valley with the community's price positioning, so you can judge whether moving to an adjacent area actually buys you more home for the money.
More Reno communities
Shopping the whole city? Browse all Reno homes for sale — live MLS listings updated daily.
A-Z INDEX
21 neighborhoods and communities within and around Reno — from ArrowCreek and Caughlin Ranch in the west foothills to Talus Valley and South Meadows in the south corridor. Every linked entry opens a dedicated page with current NNRMLS listings, price ranges starting as low as $440K, and HOA details for that specific community.
KEEP LEARNING
These guides extend the research most Talus Valley buyers do next — comparing neighboring south Reno communities, understanding Reno's tax advantage, and exploring the full Reno market — each written from the same NNRMLS data and primary sources used throughout this page.
GUIDE
South Reno's established family-value play — Regency 55+ active adult, strong WCSD school assignments, and a well-connected south corridor alternative to Talus Valley.
Read →GUIDE
Northwest Reno's premier master-planned golf community — championship golf, resort clubhouse, and homes from $500K to $1.2M+ for buyers who want Sierra foothills in a different corridor.
Read →MARKET REPORT
Truckee Meadows market data, neighborhood comparisons, and every Reno community page in one place.
Read →RELOCATION GUIDE
The Northern Nevada move playbook — taxes, cost of living, and neighborhoods.
Read →LIVING GUIDE
Jobs, cost, weather, and lifestyle for anyone weighing a move to Reno.
Read →Sources & Methodology
Every statistic on this page is sourced from a primary or government dataset, and we refresh these numbers monthly. The organizations below — from the U.S. Census Bureau to the NREG’s analysis of NNRMLS data — supply the underlying data; follow any link to verify a figure or pull deeper detail than we publish here.
Methodology: Listing counts, prices and days on market are NREG's analysis of Northern Nevada Regional MLS data received through the Repliers feed; this page refreshes them about once a day, and each market figure carries its date or window. Census and BLS figures are the published vintage named beside them and change only when the agency releases new estimates. Confirm details for a specific home with its listing and the responsible agency.
Updated: November 2026 · Next update: November 15