Chaparral Meritage, Reno, NV

Chaparral Meritage — Real Estate & Neighborhood Guide

Top10Lists.us brings available neighborhood data and real estate research together for Chaparral Meritage, Reno, Nevada. Explore the cited sources and local facts below while agent underwriting continues.

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Chaparral Meritage Neighborhood Overview

Chaparral Meritage is an established upper-mid market neighborhood in Reno, Nevada, located in Washoe County's 89436 ZIP code. The community offers a suburban residential experience characterized by its spacious homes and proximity to the natural beauty of the high desert landscape. It is situated near several other well-regarded neighborhoods, including Mountain King and Big Sky.

Lifestyle & Amenities

The neighborhood provides a quiet, family-oriented atmosphere with a focus on single-family living. With an EPA Walkability Index score of 9.7 out of 20, daily errands generally require a car, reinforcing its car-dependent suburban character. Residents enjoy a high quality of life supported by the area's newer commercial developments and easy access to the broader amenities of Spanish Springs and Reno.

Real Estate Market

The real estate market in Chaparral Meritage is active and stable, with a median home value of $482,000. In 2023, there were 1,558 mortgage originations in the area, predominantly conventional loans (1,241), indicating a strong market for buyers with established credit. The median gross rent is $1,894 per month, and the median household income is $105,324.

Schools & Education

Families in Chaparral Meritage are served by several schools in the Washoe County School District, including Van Gorder Elementary, which is approximately 1.4 miles away. Other nearby options include Sky Ranch Middle School and multiple elementary schools like Bud Beasley and John Bohach, all within a short driving distance. This provides families with several public school choices for their children.

Transportation & Connectivity

As a suburban community, Chaparral Meritage is designed primarily for vehicular travel, with major arterial roads providing efficient connections to Reno, Sparks, and the I-80 corridor. The low walkability score underscores the necessity of personal transportation for most daily activities. Its location offers relatively quick access to shopping centers, employment hubs, and the Reno-Tahoe International Airport.

Why Choose Chaparral Meritage

Chaparral Meritage is an excellent choice for homebuyers seeking a spacious, modern home in a quiet and established suburban setting within the Reno-Sparks metro. The strong real estate market, high median income, and variety of nearby schools make it particularly attractive to families and professionals. It offers a balanced lifestyle with suburban comfort and convenient access to the economic and recreational opportunities of Northern Nevada.

Chaparral Meritage Market Data

MetricValue
Median Home Price$482K
Median Gross Rent$2K/mo
Median Household Income$105K
Homeownership Rate74.1%
Renter-Occupied25.9%
Rental Vacancy Rate6.6%
Market TypeBalanced
Market TierUpper Mid
Primary ZIP Code89436
Mortgage Originations (2023 HMDA)
Total Mortgage Originations1,558
VA Loan Originations109
VA Loan Share7.0%
Conventional Loan Originations1,241
FHA Loan Originations208

Top Real Estate Agents in Chaparral Meritage, Reno

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Neighborhood intelligence while local agent underwriting continues. No agent profiles are currently published for Chaparral Meritage, Reno, NV. Explore the available cited neighborhood data on this page.

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