Ingles/Company Real Estate : Albuquerque Metro Communities
Albuquerque's mild climate and rich cultural history makes it a very unique place to live.
Whether your family enjoys outdoor activities, fine dining, or adventure seeking, there is a little
something for everyone in the Land of Enchantment.
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Sandia Heights is an enclave of executive homes in the foothills of the Sandia Mountains.
Lots are typically large, approximately an acre and the average Sandia Heights home sells for
over $300,000 with the least expensive homes going in the $130's, and the highest priced running
over $1,000,000.
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On the northern outskirts of Albuquerque, this is also an exclusive residential area, offering many
large lots of approximately an acre, where horses are allowed. There are also several newer
subdivisions with smaller lots. Prices start over $200,000 and range upwards to nearly $1,000,000.
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The "Far Northeast Heights" includes the elegant and newly-developed "High Desert" area of the Sandia Foothills, with awe-inspiring homes ranging to upwards of $1,000,000, as well as more modest neighborhoods, where prices start at just under $100,000.
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The Near Northeast Heights, including the high-demand University Area, and the Uptown area near
Winrock and Coronado malls, offers many established residential neighborhoods in various price
ranges, from as little as $50,000 to well over $500,000, depending on the home and the neighborhood.
Many of these homes offer the vintage charm of such amenities as hardwood floors, plaster walls,
and cove ceilings.
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The Northeast Heights area boasts stunning executive homes with wonderful views dotting the
foothills, along with established neighborhoods offering more affordable homes. Prices vary from
as little as $50,000 to upwards of half a million dollars, with average prices in the $130,000
range.
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Nestled in the mountain foothills just south of I-40, this executive area tends to have larger lots
than in most other areas of the city and prices start at just under $150,000. Average home prices
here are a bit over $200,000.
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The Southeast Heights, with its proximity to the Base, Airport, and University is ahighly convenient
location. Residential neighborhoods vary widely, from modest areas with affordable homes under
$50,000, to the charming Ridgecrest area, whose elegant older homes command prices of over
$400,000.
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The Downtown area not only houses the central business district, plus city and county government
buildings, it is also home to most of Albuquerque's true "vintage" homes. These, along with the
50-70 year old homes of the Huning Castle area may sell in the $300,000+ range, yet some of the
small, older homes may be purchased for $30,000 or less.
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The Southwest area contains both the agricultural South Valley, along the Rio Grande, including
many large estates and some regreetinging farms, and the new, affordable subdivisions of the
southwest mesa. There is no "typical" South Valley home, as this large and geographically varied
area's irrigated farms, new estate subdivisions, and low-income housing neghborhoods have little
in common. Homes are available for under $30,000 in the latter areas, while properties in the former
areas may sell for up to $500,000.
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Albuquerque's North Valley area, including the trendy "Los Ranchos de Albuquerque" boasts some of
the area's most impressive landed estates, particularly near and along Rio Grande Blvd. This is
one of the premier equestrian areas in the region, and properties that sell for several million
dollars are not uncommon here. However, the North Valley is also home to many small, modest homes
that may be purchased for $50,000 or less.
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The Northwest Heights includes the popular "Taylor Ranch" area, and is made up primarily of
residential subdivisions. There is a good deal of new construction in this area, and the oldest
subdivisions are only about 20 years old. Lot size tends to be fairly small. There are a few older
areas, with homes available in the $60's and $70's, and a couple of new subdivisons along the river
with homes over $300,000.
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Paradise Hills is primarily an area of residential sudivisions between Taylor Ranch and Rio Rancho.
There is a great deal of new construction in the area, and, although there are a few older,
established neighborhoods, most of the homes in this area are fairly new. The average home price
about $150,000.
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The historic village of Corrales, just outside Albuquerque, offers loads of charm, with many antique
adobe buildings along the narrow, two-lane road that is the village's greeting street. Many Corrales
homes have irrigated acreage, and allow horses. Corrales still retains a rural ambience, and is
definitely a trendy residential area. It is rare to find a Corrales home under $150,000, and some
properties fetch over $1,000,000.
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| This is the area of Rio Rancho south of Southern Blvd. Rio Rancho is among the fastest-growing
small cities in the country, and has a fair amount of new construction. It also boasts some older,
established neighborhoods, and most homes offer large lots, often about half an acre. Prices start
comfortably below $100,000, with the average home price about $120,000. There are few homes over
$200,000 in this area.
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This is the section of Rio Rancho that is north of Southern Blvd., and south of Northern Blvd, and
includes Corrales Heights. Known for attractive, affordable neighborhoods, this area offers an
abundance of residential property in the $60's and $70's, and average homes in this area sell for
$110,000-$120,000.
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The northern region of Rio Rancho extends nearly to Bernalillo, and is an area of much new
construction. The residential neighborhoods are all fairly new, and. like the rest of Rio Rancho,
this area offers a wide variety of attractive and affordable homes, from the $50,000 range on up to
well over $200,000. The average home price is approximately $120,000.
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The small town of Bernalillo, just north of Albuquerque, has a relatively small number of homes for
sale. Available homes at any given time may run the gamut from small, older homes for under
$50,000 to palatial estates in the million dollar range.
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Placitas is a small village located north of Albuquerque, on the north side of the Sandia Mountains.
Properties here tend to have acreage, and are most often Southwestern in style. It is rare to find a
Placitas home for under $150,000, and some run to half a million dollars or more. The average home
price here is about $275,000.
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This area north and west of Albuquerque has very little property listed at any given time and much
of the real estate is vacation homes.
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This area includes Cochiti and Pena Blanca. Many of the properties in the Cochiti area are vacation
homes, and the average property price is in the low $100,000 range.
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This is the area in Tijeras Canyon, just east of Albuquerque. Properties are usually on between half
an acre and five acres, and prices tend to be anywhere from about $120,000 to $300,000. Much of the
area is wooded. Usually horses and other livestock are permitted, and the commuting time to
workplaces in Albuquerque is small.
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This East Mountain area, including Cedar Crest and the trendy new Paa-ko subdivision, extends from
north of I-25 al the way to Golden. Most homes are situated on lots ranging in size from half and
acre to 10 or 12 acres, and many properties are wooded in pinon, juniper, or even Ponderosa pines.
Many properties offer wonderful access to the National Forest for hikiing and horse-back-riding.
It is rare to find a home in this area for less than $100,000, and property values range up to the
half-million dollar mark and above.
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Also known as the "South 14" area, from the former number of this state road, this East Mountain
area ranges east to 217, and south into the Manzanos as far as Chilili. Lot sizes usually range
from about an acre, upwards to 20 acres or more. The average property price is about $140,000,
with occasional homes selling well under $100,000.
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This area includes such popular subdivisions as Tablazon and Steeplechase. Many of the lots are
wooded, with lot sizes usually ranging from just under an acre to a little over five acres. Horses
and other livestock are common. With average property values around $200,000, it is rare to find a
home under $120,000, and prices up into the $400,000 range are not uncommon.
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This area of Edgewood lies north of the freeway. Lot sizes tend to range from 1-5 acres, with many
homeowners keeping horses or other animals. The land is flatter and less wooded than the closer-in
East Mountain areas. Properties under $100,000 are uncommon, and prices range to above $300,000.
Most homes are fairly new, and there is a great deal of new construction in this area.
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This area of the East Mountains, south of the freeway, east of Highway 217, and west of 344
extends south to Chilili. AVerage home prices are about $140,000, with few listings selling under
$100,000 or over $200,000. Like most of the East Mountains, lot tend to be from one to a few
acres in size, and many properties boast horses or other animals.
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North of I-40 and east of Rte 344, Northeast Edgewood extends east to Lexco. Average property
values are in the low $100,000's, with few sales over $200,000, Lot sizes are measured in acreage,
and it is not uncommon to find homes on 10 or 20 acres, often with good livestock facilities.
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| This is the area of Edgewood south of I40, and here, too, large lots of up to 5 acres are
common. Prices are reasonable, with the average home sale under $100,000, and some properties
selling for under $50,000. Few homes in this area bring more than about $150,000.
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The small town of Moriarty lies about 40 minutes commute east of Albuquerque, and has its own,
well-regarded school system. Properties in this area range from homes on small lots in town, to
large farms and ranches of hundreds of acres. Some homes can be purchased for $30,000 or less,
large ranches may bring half a million or more, and there are homes available in every price range
in between.
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This area extends west of I-25 to the Valencia County line, and from the northern county line to
Peyton Road. There are few properites available in this area, and they vary substantially in price.
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This area includes the areas east of I-25 to the Rio Grande, and south to Peyton Road. It offers
both irrigated, rural properties and fairly new subdivisions, usually up on the mesa. Property
values range from under $100,000 to several hundred thousand dollars.
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This area along the east side of the Rio Grande includes Bosque Farms, Peralta, and parts of Los
Lunas. Much of the land is irrigated, and the area is rural in character. Horses and other livestock
are plentiful. Prices vary from well under $100,000 to over $400,000.
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This area includes the mesa areas of Northeast Valencia county, particularly El Cerro Mission and
Meadowlake. Homes area available for under $50,000, and few sell for much above $120,000. Acreage
is available, and many of the homes are manufactured homes.
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This area lies west of I25, from Peyton road south to Hwy.60. The land is largely mesa land,
unirrigated, and there are relatively few properties for sale at any given time. Prices vary, but
rarely exceed $200,000.
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This area includes the areas east of I-25 to the Rio Grande, from Petyton Road south to Hwy. 60.
This includes the valley areas of Los Chaves, Belen, and Jarales. Much of the land is irrigated
rural land, and property values vary from under $50,000 to several hundred thousand dollars.
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This area includes large, irrigated tracts of land in the Adelino area, just south of Tome.
It regreetings an agricultural area, and prices vary based on the amount of land, as well as
the size and quality of the home. Manufactured homes can be found well under $50,000, while
large horse properties may bring many hundreds of thousands of dollars.
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This area includes the mesa areas of Southeast Valencia county, particularly Rio Communities. This
area offers many site-built homes in subdivisions, usually on fairly small on suburban lots, and
most are fairly new. Prices range from below $100,000 to the high $100's, with few properties
selling over $200,000.
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Area 30, Santa Fe itself, is a trendy location, and there are many properties that sell in
excess of $1,000,000. Affordable housing in Santa Fe proper is dificult to come by, with few
homes for sale much under $200,000. Areas 31 adn 32 include the balance of Santa Fe County,
which includes large, rural properties, and some manufactured homes that are lower in price
than Santa Fe proper.
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Albuquerque's Climate
Renowned for its year-round, pleasant climate, Albuquerque's low humidity and warm temperatures
make the area enjoyable during any season. Even during the warm summer months, evening can be quite
cool, due to the high-desert climate, and in the higher mountain areas, sweaters or jackets are
often advisable, even during the summer. Albuquerque's elevation ranges from 4,500 in the Rio Grande
Valley to to 6,500 feet in the foothills of the mountains. Sandia Crest is 10,678 feet and provides
a 15,000 square mile view of the valley.
| January |
47 / 22 |
55% |
| February |
53 / 26 |
49% |
| March |
61 / 32 |
39% |
| April |
71 / 40 |
33% |
| May |
80 / 49 |
32% |
| June |
91 / 58 |
28% |
| July |
93 / 65 |
42% |
| August |
89 / 63 |
45% |
| September |
83 / 55 |
43% |
| October |
72 / 43 |
43% |
| November |
57 / 31 |
48% |
| December |
48 / 23 |
56% |
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