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com/homestyle
local real estate , home builders ,
and design trends
home style
volume 2, issue 18 september 15 21, 2017
august statistics
table of contents
Remodel, New Construction or Fixer-
Upper? Finding the Right Home
4 august statistics
Residential and commercial markets
If youre just beginning the home search Remodel
process, youre probably starting to realize In owner remodels, cosmetic and aesthetic
that it can be overwhelming.There are many decisions may not be done to your specific
decisions to be made and its easy to get taste, so you may still want to make changes.
sidetracked or discouraged. One simple way to If systems were updated years ago they may
5 about the cover
12 Vista De Oro Rd, Placitas
set yourself up for success from the beginning
is to be very clear about your home search
need upgrades or repairs in the immediate or
near future.
criteria and end goals. A remodel that has been well cared for and
Identifying your needs versus your wants is a maintained allows you to move right in and
good place to start. For example, once youve also gives you the option to make changes over
identified that you need a three-bedroom time. Knowing that you dont necessarily need
home with a small yard and a traditional floor to invest in modifications right away also gives
plan, you can stop wasting time browsing you more financial flexibility in your purchase.
6-7
through photos of that ultra-cool, modern loft
fall tones
Interior color inspiration
that will never meet your lifestyle needs.
In addition to the price range, number of
Fixer-Upper
On the other end of the spectrum is a fixer-
bedrooms, size of the closets, school district upper.This type of property can encompass
and proximity to shops and amenities, one of a range of homes from a complete gut
the most important decisions is whether youre to a cosmetic fixer. If youre considering
looking for a new construction, a remodel or purchasing a fixer-upper, the most important
a fixer-upper. Each type of home has its pros considerations are:
and cons that either make sense, or dont,
8,761
190k 56
49
8,221 new listings 50
182k
1,753 44
all properties
closed sales
1,188
all properties
2016 2017 2016 2017 2016 2017
median sale price 2016 2017
195,000
median sales price days on market closed sales
all properties all properties all properties
days on market until sale
+4.4% -12.5% +6.6% all properties all properties
This is a research tool provided by the Greater Albuquerque Association of REALTORS with data from Southwest Multiple Listing Service, Inc. (SWMLS). The SWMLS market areas
statistics courtesy of includes Albuquerque, Corrales, Placitas, Rio Rancho, Bernalillo, East Mountains/Estancia Basin and most of Valencia County. Percent changes are calculated using rounded figures.
c o m m e r c i a l m a r k e t s tat i s t i c s
property type listings asking lease rate asking sale price multi-family
industrial 375 $6.89 psf $63.49 psf
office 1334 $15.42 psf $86.30 psf
retail-commercial 820 $18.20 psf $147.79 psf
shopping center 464 $15.18 psf $117.89 psf
vacant land 916 $3.98 psf $0.61 psf statistics courtesy of Disclaimer: All statistics on this page have been gathered from user-
loaded listings and user-reported transactions. We have not verified
farm/ranch 26 - $0.05 psf accuracy and make no guarantees. By using the information provided on
hospitality 22 - $49.64 psf this page, the user acknowledges that the data may contain errors or
other non-conformities. You and/or your client should diligently and
multi-family 81 - $58.22 psf visit independently verify the specificsfor
abqjournal.com/homestyle of theinteractive
information that you are using.
listings
homestyle september 15 september 21, 2017 hs 5
Cathy M. Olson
505.263.7995
eXp Realty LLC
505.554.3873
fall
hues
By Jillian Knox Finley / freelance writer
concrete gray
for the upcoming autumnal tones bring a burst of drama
and natural allure to any space. As
ly turned out in time to welcome in the
holidays. Winter is coming, nows the
Weve been really feeling concrete
season interior revamps go, switching up
paint colors via a bold accent wall or
time to feather your nest.
this year. The pared-down architec-
full-blown makeover is a cost-effective blood orange tural vibe of the raw material lends a
and wildly transformative design structured precision and raw, dynamic
project. Youll definitely get a bang for This season we love oranges appeal to modern accessories and fur-
your buck. with a kick of red. When painting niture. Light gray channels soothing,
with bright colors, sample multiple tranquil notes that feel consistently
color inspiration swatches. Natural light and square edited and poised.
footage will make a major impact on
To give you some seasonal inspi- the overall aesthetic. terra-cotta
ration, weve honed in our very top
shades for fall. Were currently craving petrol blue One Fine Stays Via Zara in North-
lush, subdued neutrals and ephemeral ern Rome is the stuff dreams and
shades that echo the raw beauty of the One of our favorite online vintage passport stamps are made of. Nod
great outdoors. Paired with chic and sources, 1stdibs, first alerted us to this to the crisp fall weather by bringing
artful accessories, these undeniably al- particular shade of azure hue. The natural, outdoor-centric hues indoors.
dusty and dramatic blue is elegant We especially love the soulful and
unexpected combination of earthy terra- greenery, the adept blend of deep hues
cotta with lustrous teal. and edited, modern embellishments is
intelligent and muse-worthy.
ash blond
matte black &
Neutrals are eternal. The poise and chalk white
restraint of the perfect blond is peren-
nially chic and undeniably timeless. Black doesnt have to be serious and
This season, were all about subtle tan moody. Matte black walls evoke iconic
shades on the cooler side of the spec- high-contrast appeal while still keep-
trum. Its beige with a side of dusty, ing the vibe exuberant and relaxed. This
overcast appeal. season, were making a strong case for
adding in a dose of dark art cool. Are
emerald city green we ever going to get over the all-white
space aesthetic? No. Well never let go. If
Ever since Gwyneth Paltrow breezed you share in our affinity for pure white
on screen in Alfonso Cuarns Great Ex- abodes, feel free to wax poetic along with
pectations in 1998, weve been swoon- us via a fresh coat of chalk white paint. It
ing over emerald green as the official remains the ultimate refresh.
color mascot of fall. Studio McGees
Claybourne Project is a master class in
jewel-tone chic. Pairing crisp whites 2017, Clique Media Inc. All rights reserved.
with dimensional marble and pops of Distributed by Tribune Content Agency, LLC
ALBUQUERQUES
HOMETOWN
HOME BUILDER
U
G
Gallery
1368077-02
Learn More & Browse Move-In Ready Homes at RayLeeHomes.com
1366689-03
hs 8 AlbuquerqueJournal
open houses
southwest mls open house listing information was derived from the southwest multiple 51 listings
southwest mls
this friday - thursday
listing service properties (swmls) as of 2pm on monday. open houses are
run as space allows. information is accurate, but not guaranteed.
low: 104k
high: 1m
ABQ Acres West ABQ Acres West Corrales Corrales Downtown Area Fairgrounds
7020 Eagle Mesa Road NE 6908 Tesoro Place NE 1334 La Entrada 1234 Alamos Road 305 16th Street NW 2100 Palomas Drive NE
$279,900|1689 sq. ft.|3bdr|3ba $425,000|2991 sq. ft.|4bdr|4ba $669,000|3661 sq. ft.|4bdr|3ba $599,000|3242 sq. ft.|5bdr|3ba $240,000|1726 sq. ft.|3bdr|2ba $169,000|1266 sq. ft.|3bdr|1ba
Realty One of New Mexico Coldwell Banker Legacy Coldwell Banker Legacy Coldwell Banker Legacy Q Realty(r) Coldwell Banker Legacy
(505) 554-2213 (505) 293-3700 (505) 292-8900 (505) 898-2700 (505) 750-0059 (505) 828-1000
Lisa Guggino Sandi Pressley Les Gordy Carol J Bouloy Sutter Sugar Monica J Lovato
MLS # 897345 MLS # 901196 MLS # 879831 MLS # 892892 MLS # 898746 MLS # 900936
09/17 1 PM-3 PM 09/16 11 AM-1 PM 09/15 2 PM-4 PM 09/17 2 PM-4 PM 09/17 9 AM-12 PM 09/17 11:30AM-1:30PM
Far NE Heights Far NE Heights Foothills South Foothills South Four Hills Village Ladera Heights
7301 Gettysburg Road NE 7901 Pilgrim Court NE 3308 Ocotillo Court NE 12909 Tierra Montanosa Court NE 20 Silver Hills Road SE 2300 Maiden Grass Road NW
$310,000|2170 sq. ft.|3bdr|2ba $329,999|1728 sq. ft.|3bdr|2ba $295,000|2418 sq. ft.|4bdr|2ba $350,000|2385 sq. ft.|3bdr|3ba $415,000|3298 sq. ft.|3bdr|3ba $189,900|1850 sq. ft.|3bdr|3ba
Coldwell Banker Legacy ERA Sellers & Buyers Real Estate Q Realty(r) Coldwell Banker Legacy Realty One of New Mexico Realty One of New Mexico
(505) 828-1000 (505) 296-1500 (505) 750-0059 (505) 292-8900 (505) 883-9400 (505) 883-9400
Joan L Wagner Lettie L Carpenter Sutter Sugar Greg Lobberegt Penny N Howard F. Julian Morales
MLS # 893469 MLS # 899475 MLS # 895830 MLS # 901078 MLS # 893580 MLS # 897959
09/16 11 AM-3 PM 09/17 1 PM-3 PM 09/17 2 PM-4 PM 09/17 1 PM-3 PM 09/17 2 PM-4 PM 09/16 1 PM-3 PM
Ladera Heights Los Chavez Near North Valley Near North Valley Near South Valley North ABQ Acres
1300 Cirrus Drive NW 3859 Wood Drive NE 1730 Griegos Road NW 2021 Gabaldon Road NW 2220 Don Andres Road SW 10109 Irbid Road NE
$319,175|3755 sq. ft.|4bdr|3ba $395,000|4209 sq. ft.|4bdr|3ba $300,000|1500 sq. ft.|2bdr|2ba $565,000|3607 sq. ft.|4bdr|5ba $425,000|4235 sq. ft.|3bdr|4ba $300,000|2092 sq. ft.|3bdr|2ba
EXP Realty LLC Team One Realtors ERA Sellers & Buyers Real Estate Keller Williams Realty Coldwell Banker Legacy Coldwell Banker Legacy
(505) 554-3873 (505) 861-1655 (505) 296-1500 (505) 897-1100 (505) 828-1000 (505) 292-8900
Janet Cerros Anna L Stansell Ann N C De Baca Joseph Maez Jason W Dencklau Cindy Zhang
MLS # 900666 MLS # 893049 MLS # 896295 MLS # 898338 MLS # 901211 MLS # 888106
09/16 12 PM-2 PM 09/17 1 PM-4 PM 09/16 10 AM-1 PM 09/17 1 PM-3 PM 09/16 11 AM-3 PM 09/16 1 PM-4 PM
open houses
southwest mls open house listing information was derived from the southwest multiple 51 listings
southwest mls
this friday - thursday
listing service properties (swmls) as of 2pm on monday. open houses are
run as space allows. information is accurate, but not guaranteed.
low: 104k
high: 1m
North of I North of I North Valley Northeast Heights Northeast Heights Northeast Heights
11 Concha Court 26 Meadowview Road 1000 Fox Hollow Place NW 10601 Central Park Drive NE 10517 Towner Avenue NE 2108 Garcia Street NE
$419,000|2439 sq. ft.|3bdr|3ba $397,000|3600 sq. ft.|4bdr|3ba $425,000|2549 sq. ft.|4bdr|2ba $155,000|1112 sq. ft.|2bdr|2ba $169,900|1738 sq. ft.|3bdr|2ba $179,000|1419 sq. ft.|3bdr|2ba
RE/MAX PROS RE/MAX PROS Century 21 Unica Real Estate Keller Williams Realty Realty One of New Mexico Realty One of New Mexico
(505) 281-7767 (505) 281-7767 (505) 293-8400 (505) 897-1100 (505) 883-9400 (505) 883-9400
Lindsay Schwebke Casa Dream Team Valerie R Burkett Valerie Almanzar Delilah M Valdez Sari A Krolik
MLS # 897352 MLS # 897700 MLS # 898714 MLS # 889612 MLS # 894540 MLS # 899839
09/16 3 PM-5 PM 09/17 2 PM-4 PM 09/16 11 AM-1 PM 09/16 10 AM-12 PM 09/16 12 PM-2 PM 09/17 1 PM-3 PM
Northwest Heights Northwest Heights Northwest Heights Northwest Heights Northwest Heights Northwest Heights
7705 Ridgeview Drive NW 6308 Kachina Street NW 4717 Plume Road NW 8104 Sleeping Bear Drive NW 8612 Silk Tassel Road NW 6208 Tesuque Court NW
$399,990|2825 sq. ft.|4bdr|4ba $285,000|1907 sq. ft.|3bdr|2ba $219,000|2010 sq. ft.|3bdr|2ba $259,900|2616 sq. ft.|4bdr|3ba $344,900|2998 sq. ft.|5bdr|3ba $288,750|2515 sq. ft.|3bdr|3ba
Keller Williams Realty Coldwell Banker Legacy Coldwell Banker Legacy Coldwell Banker Legacy American Home Realty Coldwell Banker Legacy
(505) 897-1100 (505) 293-3700 (505) 898-2700 (505) 293-3700 (505) 440-4632 (505) 898-2700
Joseph Maez Mike Cozby Keith MacRae Sandi Pressley Mia Huynh Carol J Bouloy
MLS # 894629 MLS # 897265 MLS # 898740 MLS # 899704 MLS # 900115 MLS # 900217
09/17 1 PM-3 PM 09/17 12 PM-3 PM 09/17 1 PM-1 AM 09/17 12:30PM-12:30PM 09/16 2 PM-4 PM 09/17 1 PM-4 PM
Northwest Heights NW Edgewood Paradise East Paradise West Paradise West Paradise West
2315 Wildstream Street NW 6 San Pedro Lane 9812 Cody Court NW 5724 Fairfax Drive NW 6012 Mafraq Avenue NW 10115 Calle Bella Drive NW
$350,000|2500 sq. ft.|4bdr|3ba $279,500|2252 sq. ft.|3bdr|2ba $399,999|2512 sq. ft.|4bdr|3ba $289,500|3308 sq. ft.|5bdr|3ba $237,500|2018 sq. ft.|4bdr|3ba $257,000|2721 sq. ft.|3bdr|3ba
Absolute Real Estate Berkshire Hathaway Home Services ERA Sellers & Buyers Real Estate Realty One of New Mexico Keller Williams Realty ERA Sellers & Buyers Real Estate
(505) 604-8291 New Mexico Properties (505) 296-1500 (505) 883-9400 (505) 271-8200 (505) 296-1500
Leola V Robledo (505) 798-6300 Gina Maes Sonnie N Martinez Edmund McGee Robert Sutton Leonard C Tartaglia
MLS # 901216 MLS # 898870 MLS # 900893 MLS # 881168 MLS # 896075 MLS # 898571
09/16 1 PM-3 PM 09/16 1 PM-3 PM,09/17 1 PM-3 PM 09/17 10 AM-2 PM 09/17 2 PM-5 PM 09/17 2 PM-4 PM 09/16 10 AM-12 PM
open houses
southwest mls southwest mls
this friday - thursday open houses
southwest mls santa fe mls
this friday - thursday
Paradise West Placitas Area Rio Communities/Tierra Grande Tesuque Area Hwy 285
9719 Calle Chamisa NW 14 Puesta Del Sol 119 El Mundo Road 2 listings 1563 Bishops Lodge 48 Tierra Sabrosa
$234,500|2262 sq. ft.|4bdr|3ba $500,000|3925 sq. ft.|4bdr|3ba $225,000|2229 sq. ft.|4bdr|3ba l: 845 h: 1.875m $845,000|2359 sq. ft.|2bdr|2ba $1,875,000|4586 sq. ft.|3bdr|4ba
EXP Realty LLC Coldwell Banker Legacy Coldwell Banker Legacy open house listing information was Sothebys Int. RE/Grant Sothebys Int. RE/Grant
(505) 554-3873 (505) 292-8900 (505) 865-5500 derived from the santa fe multiple 505-988-2533 505-988-2533
listing service properties (swmls) as
Nancy J Ullery Mark Parker Carrie Renee Gibbs of 2pm on monday. open houses are
Darlene Streit Caroline Russell
MLS # 901478 MLS # 898119 MLS # 893473 run as space allows. information is MLS # 201703978 MLS # 201704213
accurate, but not guaranteed.
09/17 2 PM-4 PM 09/17 1 PM-4 PM 09/16 10:30AM-1:30PM 09/17 1PM-4PM 09/17 1PM-3PM
Rio Rancho Central Rio Rancho MiD Rio Rancho MiD Rio Rancho MiD Rio Rancho North Rio Rancho North
1101 High Plains Road NE 1634 Abrazo Road NE 1725 Fran Place SE 391 Nicklaus Drive SE 7009 Kalgan Road NE 5592 Gladstone Drive NE
$174,500|1599 sq. ft.|3bdr|2ba $160,000|2284 sq. ft.|4bdr|3ba $139,900|1525 sq. ft.|3bdr|2ba $260,000|2328 sq. ft.|4bdr|3ba $365,000|2680 sq. ft.|4bdr|3ba $239,500|2007 sq. ft.|3bdr|3ba
Realty One of New Mexico Sunrise Realty LLC Realty One of New Mexico Re/Max Elite Keller Williams Realty Realty One of New Mexico
(505) 883-9400 (505) 480-2633 (505) 883-9400 (505) 798-1000 (505) 271-8200 (505) 883-9400
Austin Wolff Tiffany L Degraffenreid Austin Wolff Leah Quintana Venturi Realty Group Edmund McGee
MLS # 900268 MLS # 892338 MLS # 895508 MLS # 900155 MLS # 895960 MLS # 898147
09/16 1 PM-3 PM 09/16 4 PM-6 PM 09/16 10 AM-12 PM 09/17 1 PM-3 PM 09/17 12 PM-2 PM 09/16 11 AM-2 PM
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