Despite being the second largest city in the state of New Mexico the city of Albuquerque feels like living in the country, especially the North and Northwest areas of the city. It is situated just west of the Sandian Mountains and the Rio Grande River flows through the city from north to south. Albuquerque is at one of the highest elevations of any city in the United States and has a semi-arid climate with temperatures that can reach into the nineties.
The city is known for its affordable housing and low cost taxes. The highest growth rates in the city are taking place just outside in the suburbs in Los Luna’s and Belen in Valencia. These are large sprawling developments that resemble substantial subdivisions. There is also the nearby mountain towns of Tijeras, Edgewood and Moriarty that make the gay realtor Albuquerque top list of great places to live because the simple resort-like life-style.
To ensure that new developments in these areas are adequately supplied with water and power, the city has formed an organization known as the Mid Region Council of Governments. This beautiful desert city in the mountains is booming to the extent that sometimes the development of utilities is a bit behind the actual construction of the new homes. The drinking water presently comes from a combination of the Rio Grande and an underground aquifer that is as large as lake Superior.
Based on data from the Southwest MLS an existing single-family detached home has an average price of $130,000 and an existing townhome or condo is going for abut $68,000. The priciest area of the city is in North Albuquerque, which has an average sale price of $545,000, followed by Sandia Heights with pricing at $429,000. Uptown, Northeast Heights, Valley Farms and Southwest Heights have average housing prices at $160,000 or lower. This is a hopping market for buyers with prices dropping almost 7% from 2010 to 2011. There are many areas of Albuquerque that are in development including the affordable North Valley region, which is a bit like living in the country.
If you would like to investigate the area more, you can contact Ed at gayrealestate.com who specializes in gay realtor Albuquerque housing options., Belen Cedar Crest, Cochiti Lake, Corrales, Edgewood, Los Lunas, Rio Rancho, Sante Fe and Tijeras. You can find a bargain if you are buying as Ed specializes in foreclosures, short sales as well as buying, selling and investment properties. Ed abides by a strict code of ethics that helps the LGBT community find affordable homes in great neighborhoods, while at the same time making sure they are treated with respect.
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