Discover Albuquerque Real Estate | Where and Why to Invest in Albuquerque?

Описание: Situated at the heart of New Mexico, Albuquerque is a perfect blend of urban and wild. It is the biggest city in the state, enriched with a multicultural heritage. The city has a business-friendly environment, with affordable living costs and good quality of life.

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Owing to its skilled workforce and a great scope of enterprises, many companies are moving to Albuquerque. From start-ups to big companies, the city is a good place to start or expand a business. With a GDP growth rate of 2.3%, the average household income is $47,030.
Albuquerque’s property market is diverse, with great options for investment and sales. With an equal number of buyers and sellers, the city’s big housing market is well-balanced.
The average home value is $202,000, predicted to rise by 2.7% in 2020. Due to its economic conditions and a large number of students, Albuquerque has a wide population of renters. Rental property can be a lucrative investment, with the average price being $1,338/month.

Heritage East – One of the largest neighborhood in Albuquerque, a family-friendly area, with $300,000 median house price.
Bear Canyon – A serene neighborhood with accessible household prices, property range is diverse, with an average home costing $241,500.
Tanoan – A safe and densely-populated suburban area. Due to its exclusivity, prices are higher than elsewhere in the city - $366,800 on average.


With growing rental costs and affordable housing prices, Albuquerque is a BUY