Fire Sale on Reno Avenue — Courtesy of Reno City Hall

Zillow posting for the 410 Reno Avenue listing.

You’ve got to hand it to the City of Reno — no one torpedoes property values faster.

Take 410 Reno Avenue, for example. The homeowner attended the so-called “neighborhood meeting” on July 30, hosted by the Reno Housing Authority. It was there he learned he’d soon be living next to a three-story, 45-unit “affordable housing” project. (Translation: kiss your quiet single-story street goodbye.)

Six days later — six — the For Sale sign went up. Coincidence? Please. Zillow shows the house lingered on the market, taking a $15,000 price cut before finally slipping into contract below market value. So much for that “prime location” glow.

Will more residents on Reno Avenue and the surrounding blocks be listing their homes for sale?

Meanwhile, City of Reno mayoral candidates — Councilmember Kathleen Taylor shed tears about how “desperately needed” this project is — perhaps because she won’t be living next to it. And Councilmember Devon Reese, ever the visionary, assured us traffic and parking won’t be an issue because, naturally, everyone rides bikes. Sure, Devon — maybe you can lead the morning peloton down Reno Avenue yourself.

Funny how the folks who vote for these projects never seem to live next to them. But hey, what’s a little neighborhood destabilization between friends?

Welcome to Reno’s newest housing policy: “We build, you move.”

RHA doesn’t know what it will look like but they are shoving 40-45 units on a former early learning and child care center facility lot.