Reno · Nevada · with Art Loera, NMLS #367308
Price ranges come from dated public market reporting and move with the market. No rates or payments are ever shown; ask Art for a full review.
Wells Avenue is Reno’s original Latino business hub and the city’s warmest main street: more than 200 mostly locally owned shops, taquerias, panaderias and salons along the avenue, with the Bungalow District behind it, blocks of 1900s to 1930s craftsman bungalows on tree-lined streets around Holcomb Avenue that make up one of central Reno’s most walkable, most multicultural neighborhoods.
Lending here is first-home work, and Art’s team does it in English and in Spanish. FHA opens the door with 3.5 percent down, Nevada down payment assistance stacks on top for qualified buyers, conventional takes over as equity grows, and HELOCs serve families who have owned on these blocks for decades. Because much of the stock is a century old, Art also walks buyers through renovation financing before they commit to a bungalow that needs work.
Geography keeps life close: the avenue runs from I-80 south through the heart of the district, Midtown is one block west, downtown is minutes north, and the Wells Conservation District, designated in 2013 as the city’s second, protects the bungalow character without historic-district red tape. Every September, Fiesta on Wells closes the street for Hispanic Heritage Month, a tradition now past its tenth year.
Per 2026 northern Nevada market guides, the Wells corridor trades from around the $300Ks for smaller bungalows into the $500Ks and low $600Ks for restored craftsman homes, one of central Reno’s true first-home doors. Ask Art, in English or in Spanish, which block fits your payment.
The Wells Addition was platted as Reno pushed south of the river around 1900, and its working families built the craftsman bungalows that still line the side streets. Over the decades the avenue became the heart of Latino Reno, the city’s original Latino business corridor in a region where about a quarter of residents are Hispanic. Neighbors won designation of the Wells Conservation District in 2013, only the second in the city after the Powning District, and Latino business owners started the street festival that grew into Fiesta on Wells, which celebrated its tenth anniversary in 2025.
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