Real Estate Information Archive

Blog

Displaying blog entries 61-70 of 247

Stay Out of Your Own Way When Selling Your Albuquerque Home

by Sandi Pressley

When you sell your home in Albuquerque, of course you have the right to be involved in every aspect of the sale. But you also need to be careful not to get in your own way.

Real estate professionals know all the ins and outs of selling a house and how to deal with buyers. Most home sellers understandably do not have that experience. It's very easy as a home seller to sabotage your own efforts without even knowing it.

Here are three of the more common mistakes that home sellers make, and how to avoid them.

Making showings difficult

There's a simple rule as home seller when it comes to showing a home - stand back and let the pros handle it.

Oh yes, you lived in that house for years and know every little nook and cranny, and every story about your home as well. But your insight is not what's going to sell your home. The agent you hired will use their years of experience and training to sell your home. After all, this is what they do and how they get paid. They want to sell your home just as much or more than you do.

In fact, you should not be present at all during a showing. Your presence alone is a distraction to the buyer. When a showing is scheduled, have a plan to leave your home during the showing.

And when it comes to scheduling showing, do your best not to turn down a showing appointment. You may think the buyer will just come at another time, but usually that's no the case. Every appointment you turn down is an opportunity to sell your home. Don't turn down an appointment unless it's absolutely unavoidable.

Keeping a mess

Is your home clean? Ask your agent and follow their advice. This may mean making some real effort to make sure your home is ready to show to buyers in Albuquerque. You may have to hire cleaners, or clean it yourself. Make sure you clean your home to the level it takes to sell. No matter how much effort you put into cleaning your home, it will be worth it when your home sells faster and for more money.

Failing to make repairs

If you are told by a real estate professional to make repairs on your home, do it. Sure, you may not want to shell out a lot of money on a home you won't be living in anymore, but you also have to make your home desirable to home buyers in Albuquerque.

The fact is that most buyers don't want to buy a home with issues. Moving into a new home is hard enough without having to deal with immediate repairs. And if your home needs too many repairs, you may get lower offers. In the end, it's easier for you to take care of any repairs before you put the house up for sale.

There are many things you might do as a seller to get in the way of selling your home. In the end, if you closely follow the advice of your agent, you should do just fine staying out of your own way.

HOT ALBUQUERQUE LISTING OF THE WEEK

9621 Elena Drive NE, Albuquerque, NM 87122

Beautiful setting for this custom Durano home within Sunset Hills with mountain and city views. The Mediterranean style home welcomes you with a grand foyer, soaring ceilings and light-filled rooms. The versatile floor plan offers a split master suite with a sitting area and spectacular views of the mountains, main floor living, dining, kitchen, family room and 2 bedrooms with a Jack and Jill bath. Gourmet kitchen offers custom cabinets, granite, subzero refrigerator and breakfast nook facing the mountains. Downstairs features a living space, bedroom and bath with a walkout patio. Wonderful indoor and outdoor entertaining spaces. Lush landscaping. 2 separate oversized garages. Located within top tier school districts. Convenient access to shopping, dining, entertainment, and nature paths.

Learn More!

Looking for the perfect home for sale in Albuquerque? Our easy-to-use home search tool can help you start the process. Join us twice a week on our blog for more real estate advice and great reasons to buy a home in Albuquerque and the surrounding area. Follow us on Facebook for the latest Albuquerque real estate updates.

Get your Morning Inspiration with the Sandi Pressley Team

Easy Ways to Maximize Your Albuquerque Home's Curb Appeal

by Sandi Pressley

When you plan to sell your home in Albuquerque, one thing that can't be overlooked is curb appeal. First impressions are critical when selling a home. If it looks good outside, it will probably look good inside as well, inviting buyers to give it a closer look. What are some easy, sure-fire ways to enhance your home's curb appeal? Here are 6 ideas that you can do yoursef.

Paint Your Front Door

To make a great first impression on potential buyers, start with your front door. Choosing the right front door color can enhance your home's style and completely transform its appearance. Whether you opt for a classic black or charcoal, or a bold hue like bright red or yellow, a fresh coat of paint can refresh your home and make it stand out. Don't overlook the impact of a beautiful front door when it comes to selling your home.

Replace Your Mailbox

If your mailbox is rusty or unstable, it's time to replace it. Choose a color that complements your house and remember to position it 6-8 inches from the curb. Details matter.

Update Street Numbers and Door Hardware

Swapping out old street numbers and upgrading door hardware can have a transformative impact. It only takes 15 minutes and costs around $15. This simple upgrade can make a big difference in the overall appearance of your home.

Give Garage Doors a Lift
 
Garage doors often lack detail and depth, dominating the view from the street. A simple solution is to add temporary or magnetic decorative hardware such as handles, hasps, and faux window panels. These accessories add interest and remain secure. DIY expert Jenna Shaughnessy suggests trying magnetic hinges and handles, available for $14 at homedepot.com. Another option is to paint the garage door to match the siding or opt for a contrasting shade, which can have a huge impact.

This can be a weekend project if you use fast-drying exterior semigloss paint, like Sherwin-Williams SnapDry Door & Trim Paint. ($91, sherwinwilliams.com). Some door finishes may require a coat of primer first; ask at the store if you're not sure. Save this project for mild, dry weather—not humid or rainy—so the paint can dry properly.

Create a Grand Entrance

To enhance your home's curb appeal, consider adding structures such as an arbor, trellis, gate or columns with planters at the beginning of the path to your front door. This will frame your entrance and make it more inviting. A display of hydrangeas can add a fresh and lively touch, creating a welcoming atmosphere that entices visitors to explore.

Do a Thorough Cleaning

Cleaning your home's outdoor living space, like the porch and patio, can also do wonders for your curb appeal. Power-wash or hose down your exterior, driveway, and sidewalk. Sponge down your porch furniture with warm water and a little dish soap.

With just a bit of effort, you home will be ready to hit the Albuquerque market and make a great impression on buyers.

HOT ALBUQUERQUE LISTING OF THE WEEK

8720 Zephyr Place NW, Albuquerque, NM 87120

A beautifully cared for, no-carpet, like-new, move-in ready gem in Stormcloud! Modern design, open floorplan, granite counters, tons of storage, easy care, low-maintenance yard. Light and bright with luxury vinyl plank flooring and tile throughout. All appliances, including new microwave, plus washer and dryer included! Kitchen features a breakfast bar with living/dining combo, and above cabinet LED lighting. Spacious living room and upstairs loft/flex space! Extra living area? Fourth bedroom? Workout space? Play space? You decide! Smart light switches respond to voice commands. Audio/video doorbell and security system installed. Fifteen minutes to the BioPark, and plenty of dining/shopping/entertainment nearby. Two parks within minutes, including one dog park.

Learn More!

Looking for the perfect home for sale in Albuquerque? Our easy-to-use home search tool can help you start the process. Join us twice a week on our blog for more real estate advice and great reasons to buy a home in Albuquerque and the surrounding area. Follow us on Facebook for the latest Albuquerque real estate updates.

Get your Morning Inspiration with the Sandi Pressley Team

Check Out These HOT Albuquerque Properties

by Sandi Pressley

Whether you're in the market for a mid-priced home packed with features, or a condo in a quiet neighborhood, we have the perfect homes for you. These outstanding homes are ready to move in and are sure to sell fast!

Contact the Sandi Pressley Team today for your exclusive showing. You can also check out all of our listings on our Featured Listings page.

8720 Zephyr Place NW, Albuquerque, NM 87120

A beautifully cared for, no-carpet, like-new, move-in ready gem in Stormcloud! Modern design, open floorplan, granite counters, tons of storage, easy care, low-maintenance yard. Light and bright with luxury vinyl plank flooring and tile throughout. All appliances, including new microwave, plus washer and dryer included! Kitchen features a breakfast bar with living/dining combo, and above cabinet LED lighting. Spacious living room and upstairs loft/flex space! Extra living area? Fourth bedroom? Workout space? Play space? You decide! Smart light switches respond to voice commands. Audio/video doorbell and security system installed. Fifteen minutes to the BioPark, and plenty of dining/shopping/entertainment nearby. Two parks within minutes, including one dog park.

Learn More!


3301 Monroe Street NE, Albuquerque, NM 87110

A great home in a great location at a great price! Super cute condo tucked away in a quiet neighborhood yet centrally located right in the heart of the city. Recently refreshed with NEW carpet and paint in neutral tones, new commodes, and new upstairs baseboards. Complete with washer and dryer, this home is move-in ready. TWO primary suites upstairs as each bedroom has its own bathroom, with a guest bath downstairs. Lovely fenced outdoor patio with covered designated parking directly behind. Light and bright with big south-facing windows upstairs and down. HOA covers exterior, roof, front and common area landscaping, and water. Laminate and tile flooring downstairs with extra under-stair storage. Easy living, and your pet can come too!

A great home in a great location at a great price! Super cute condo tucked away in a quiet neighborhood yet centrally located right in the heart of the city. Recently refreshed with NEW carpet and paint in neutral tones, new commodes, and new upstairs baseboards. Complete with washer and dryer, this home is move-in ready. TWO primary suites upstairs as each bedroom has its own bathroom, with a guest bath downstairs. Lovely fenced outdoor patio with covered designated parking directly behind. Light and bright with big south-facing windows upstairs and down. HOA covers exterior, roof, front and common area landscaping, and water. Laminate and tile flooring downstairs with extra under-stair storage. Easy living, and your pet can come too!

 

Learn More!

Contact us today to help you buy or sell your next home in Albuquerque. Looking for the perfect home for sale in Albuquerque? Our easy-to-use home search tool can help you start the process. Join us twice a week on our blog for more real estate advice and great reasons to buy a home in Albuquerque and the surrounding area. Follow us on Facebook for the latest Albuquerque real estate updates.

Get your Morning Inspiration with the Sandi Pressley Team

The Difference Between a Mortgage Lender and Servicer

by Sandi Pressley

When obtaining a home loan in Albuquerque, selecting a lender is the first step. A lender can refer to all parties involved in the loan process from the borrower's perspective, but in actuality, they do not handle all aspects.

Mortgage servicers may take over the loan after closing and handle day-to-day administration until it is paid off. Mortgage lenders can be a group of investors or a financial institution that provides funds to borrowers for purchasing or refinancing homes.

Some lenders service their loans, but most are too small to make a profit doing so, which is where a loan servicing company becomes part of the situation.

The Role of a Mortgage Lender

Mortgage lenders are responsible for the origination of loans. This process involves working with homeowners to select a loan, taking their application, and processing the loan. Additionally, the origination process includes underwriting the loan, creating the necessary documents, funding the mortgage, and ultimately closing it.

After your loan closes, the administration is needed on an ongoing basis until it’s paid off. This administration is known as servicing.

When you obtain a mortgage, the lender may transfer it to another company for loan servicing. This transfer may occur without prior notification, but the loan documents should indicate whether it will occur.

What Is a Mortgage Servicer?

Mortgage servicers are responsible for taking over tasks that lenders may leave unfinished. As a borrower, it is important to note that the servicing of a loan includes payment processing, which means that you are paying the servicer directly. Additionally, mortgage servicing involves keeping track of loan balances and interest payments. It is worth noting that your servicer will provide you with tax forms that show how much interest you have paid each year.

The servicer is responsible for managing your escrow accounts, which includes collecting and paying your homeowners' insurance and property taxes. In the event of a loan default, the servicer initiates the foreclosure process.

Additionally, servicers can provide loss mitigation services to help borrowers avoid foreclosure. If you wish to cancel your mortgage insurance and have a loan servicer, you must go through them to make the request.

Mortgage servicers can report the payment history on loans to credit bureaus, so if you think there’s been an error, you will contact this company rather than your lender.

Finding the Servicer on Your Mortgage

It's common to have multiple servicers throughout the life of a home loan. To find out who your servicer is, check your mortgage statement or contact your original lender. Another option is to use the Mortgage Electronic Registration System (MERS), which allows you to search for your loan online using your property address, name, or Social Security number.

When a mortgage is transferred to a servicer, the terms of the loan remain the same. The only difference is that you may receive a new account number and your payments will be sent to a different entity than your original lender.

When it comes to mortgages, your servicer can greatly impact your experience as a borrower. A good servicer will have reliable customer service and be easily accessible for any questions or concerns you may have. Unfortunately, you don't have the option to choose your servicer or switch to a different one. Your only option is to file a complaint with the Consumer Financial Protection Bureau or work with a lender that services its own loans if you're unhappy with your servicer.

Finally, when applying for a mortgage, lenders must provide a Mortgage Servicing Disclosure Statement. This statement informs you whether the lender plans to service the loan themselves or transfer it. It is a legal requirement for lenders to provide this information.

HOT ALBUQUERQUE LISTING OF THE WEEK

1515 W Reinken Avenue, Belen, NM 87002

Come and see this amazing home in the heart of Belen! Bring your buyers to see this awesome well maintained home. Low maintenance brick exterior, refrigerated air, heated sun room and great kitchen! Circulating pump for instant hot water and one car garage with carport! Bring your buyers for a tour today!

Learn More!

Looking for the perfect home for sale in Albuquerque? Our easy-to-use home search tool can help you start the process. Join us twice a week on our blog for more real estate advice and great reasons to buy a home in Albuquerque and the surrounding area. Follow us on Facebook for the latest Albuquerque real estate updates.

Get your Morning Inspiration with the Sandi Pressley Team

4 Things Albuquerque Home Buyers Want in Kitchen Cabinetry

by Sandi Pressley

If you're looking to increase your Albuquerque property value and appetite of potential buyers, investing in a quality kitchen design is the perfect way to do so. It's important to spend money on what appeals to the majority - doing so can truly make all the difference in transforming a house into a home.

Investing in high-quality, symmetrical cabinetry can greatly enhance the value of a home. Thoughtful color selection and layout are also key factors to look for when selecting kitchen cabinets. Attention to these four elements will ensure buyers appreciate the appeal of your property.

1. Quality

Do: Choose quality hinges and runners, including soft-close drawers, and custom-made cabinetry.

Don't: Go for large fillers and ill-fitted modular cabinetry.

Creating a modern kitchen design without breaking the bank can be achieved by minimizing the number of cabinets throughout. An open layout featuring ample natural light lets you maximize on both style and cost savings for your kitchen remodel. Keep your cabinet count to a minimum when designing your dream space and stay within budget.

Note: When renovating your home for resale, it's important to consider the cost and value of each addition. While internal organizers can be a great addition to your kitchen for personal use, they may not be the best investment if you're solely focused on increasing your property's value. The cost of these accessories can add up quickly, and you may not see a return on your investment when it's time to sell. Keep this in mind when making renovation decisions.

2. Symmetry

When renovating your kitchen to sell, it's important to keep in mind that simplicity is key. The eye is naturally drawn to appreciate symmetry and repetition, so it's best to keep your cabinetry simple and appealing. Elegance has a way of being understated, and this will appeal to the majority of buyers.

Do: Keep the wall cabinetry sizes the same where possible. Drawers look nice when they are large and expansive - if you have multiple sets, keep them the same size, with the same proportion of drawers.

Don't: Add multiple cabinets in varying sizes. Try to keep the look and feel consistent in the whole space.

3. Light, Bright Spaces

When it comes to buying a home in Albuquerque, many buyers are looking for an open and airy space. A white kitchen is a popular choice because it creates the illusion of a larger space. Additionally, white is a universally appealing color that allows buyers to easily reimagine the space to fit their own personal style.

Do: To create an open and bright space, opt for white cabinetry and a darker bench top for contrast. Keep backsplashes neutral and introduce texture instead of color. A neutral and elegant space will attract more potential buyers.

Don't: Darker cabinetry can make the space feel closed, which may not be desirable for potential buyers. While a strong color may suit personal taste, it may not be appealing to everyone. To attract more potential buyers, white cabinetry is the most popular choice, even though it may not be the most daring option.

4. An Open Layout

Designing your kitchen to have a sensible and open layout is pivotal to increasing property value when you're renovating to sell. 

Do: Have a large open-plan space with a kitchen island if possible. Buyers often want to multitask in the kitchen. They want to cook, have their kids do their homework and socialize in it.

Don't: Place your kitchen in a small and poky room. The kitchen is now often the hub of the house, and buyers want to see a kitchen that is interactive and sociable.

HOT ALBUQUERQUE LISTING OF THE WEEK

1231 San Gabriel Street, Bernalillo, NM 87004

Beautiful 3BDR3BA DR Horton home with Master Suite on the main level! Popular floor plan featuring two living areas! Open great room & dining room with raised ceilings and lots of natural light! Spacious kitchen features bkfst bar & bfkst nook, pantry, roll-out cabinets, gas range, tile flooring, refrigerator stays! Magnetic water conditioner! Refrigerated Air! LOFT/FLEX ROOM! Large secondary bdrs with walk-in closets. Master suite features double sink vanity, sep shower, garden tub, large walk-in closet. Easy care rock landscape, covered patio & custom gate! Close to schools, parks, shopping & easy access to I-25 Santa Fe or Downtown Alb.

Learn More!

Looking for the perfect home for sale in Albuquerque? Our easy-to-use home search tool can help you start the process. Join us twice a week on our blog for more real estate advice and great reasons to buy a home in Albuquerque and the surrounding area. Follow us on Facebook for the latest Albuquerque real estate updates.

Get your Morning Inspiration with the Sandi Pressley Team

Is an IKEA Kitchen Remodel Right for Your Albuquerque Home?

by Sandi Pressley

Kitchen remodels are a costly yet popular project among Albuquerque homeowners. With the ongoing pandemic forcing people to spend more time at home, many are considering remodeling their kitchens. To save money, some homeowners opt for the IKEA kitchen route. While it can save thousands or even tens of thousands of dollars, it's important to know certain things about an IKEA kitchen before making a decision.

Designing an IKEA Kitchen

Designing an IKEA kitchen can be challenging, especially if you don't live near a store location. Fortunately, there is an online planning tool available for those who plan to get their kitchen shipped. While going to a store location can simplify the process and help you avoid potential mistakes, the online planning tool can be a helpful alternative.

An IKEA kitchen is designed to be budget-friendly and easy to assemble, much like their furniture. The items are packed and shipped in a way that allows for self-assembly without the need for a contractor. When planning and using the design planner, it is crucial to remember to measure accurately and double-check your measurements.

When planning your kitchen layout, it is important to consider the location of outlets, window openings, and door swings. These factors will impact the placement of appliances and cabinets. After taking measurements, you can then begin to plan out the zones of your kitchen and how everything will flow. Proper planning will ensure a functional and efficient kitchen space.

Are the Cabinets High-Quality?

Custom cabinets can be very expensive, but IKEA cabinets offer a more affordable option. However, it's important to note that IKEA cabinets are made from particleboard and covered in laminate, which may not be preferred by those who prefer solid wood.

Additionally, since IKEA cabinets don't come in custom sizes, a filler piece may be necessary for odd spaces. The 3D planner tool offered by IKEA is a helpful tool for planning your kitchen, as it allows you to visualize how the puzzle pieces of your cabinets will fit together.

When it comes to cabinets, there are a variety of features available to enhance their functionality. Internal organizers can be added to help with organization, while drawer dampeners offer a soft close. Base cabinets are located beneath the counter and come in two depths, with the standard depth being 24 inches. Wall cabinets are installed above the countertops and typically have a depth of 15 inches.

If you want additional storage, which is somewhat like a free-standing pantry, there are tall cabinets. They sit on the floor and are available in two heights—80 or 90 inches.

You can decide between exposed legs and toe kicks for your base cabinets.

What About the Countertop?

While IKEA does offer countertops, it's important to note that their options are limited to laminate or veneer. If you're looking for a wider variety of materials or styles, it may be beneficial to explore other retailers.

Putting it Together

When your IKEA kitchen arrives, you will need to assemble the different pieces and components yourself or hire a contractor. It is recommended that you have your kitchen delivered instead of picking it up. If you have a larger kitchen, you may receive more than 100 boxes.

It is crucial to correctly install all components of your IKEA kitchen to ensure its durability and quality. Proper installation requires putting everything together accurately. If you lack the necessary skills, it is advisable to seek assistance to avoid any mistakes.

If you have an unusual kitchen layout and don't intend to remodel it, your options for an IKEA kitchen may be limited. This is because IKEA kitchens are modular and not easily customizable. The best option for an IKEA kitchen is a straight-line layout.

Whether or not an IKEA kitchen is worth the cost savings depends on your preferences, the layout of your kitchen, how handy you are, and what your budget is.

HOT ALBUQUERQUE LISTING OF THE WEEK

4028 Windy Road NE, Rio Rancho, NM 87144

Why build when you can buy this new home fully and beautifully landscaped. Sellers have spent approximately $100,000 in improvements. Thisincludes $65,000 on beautiful professional landscaping in the backyard. One of the larger backyards in the subdivision. Custom plantation shutters throughout.Gorgeous custom front door. Sellers had the entire garage floor done with epoxy. High end custom flooring throughout. Home lives and feels much larger than 1750 ft.there's no wasted space in the entry or any hallways. Light bright and open floor plan. Gorgeous kitchen with top-of-the-line stainless steel appliances and granitecountertops. Shows like a model home.

Learn More!

Looking for the perfect home for sale in Albuquerque? Our easy-to-use home search tool can help you start the process. Join us twice a week on our blog for more real estate advice and great reasons to buy a home in Albuquerque and the surrounding area. Follow us on Facebook for the latest Albuquerque real estate updates.

Get your Morning Inspiration with the Sandi Pressley Team

Check Out These Hot "Just Listed" Albuquerque Properties!

by Sandi Pressley

If you're in the market for the perfect home for sale in Rio Rancho or Albuquerque, here are two HOT listings ready for your inspection. These homes offer outstanding ammenities and prime locations in the Albuquerque area.

Contact the Sandi Pressley Team today for your exclusive showing. You can also check out all of our listings on our Featured Listings page.

2730 Camacho Road SE, Rio Rancho, NM 87124

Exceptionally maintained 3BDR/2BA one story home with popular floor plan featuring the master suite on its own wing with separate shower, dual sink vanity, linen closet & large walk-in closet. Secondary bedrooms & bath on its own wing makes a great guest suite. Open living room, kitchen and dining are perfect for entertaining. Kitchen features an island, gas stove, tile flooring, walk-in pantry; all appliances stay. Separate utility room with laundry sink. Tankless water heater. Beautifully landscaped backyard with extended patio, patio cover, turf, easy care rock landscape. Great location close to parks, schools, shopping, neighborhood pathways, Presbyterian Rust Medical Center, Intel & Cottonwood Mall!

Learn More!


8104 Eagle Rock Avenue NE, Albuquerque, NM 87122

Impressive, Impeccable, irresistible . This amazing home will really wow you.With s/s appliances, updated HVAC, remodeled bathrooms (frameless shower), kitchen, 21' tile floors, downstair 4th room (office with French doors),plantation shutters, barn doors (to oversized master closet, beautifully hand crafted custom stair case. This is your next home. Enjoy.

Learn More!

Contact us today to help you buy or sell your next home in Albuquerque. Looking for the perfect home for sale in Albuquerque? Our easy-to-use home search tool can help you start the process. Join us twice a week on our blog for more real estate advice and great reasons to buy a home in Albuquerque and the surrounding area. Follow us on Facebook for the latest Albuquerque real estate updates.

Get your Morning Inspiration with the Sandi Pressley Team

4 Reasons Why You Need an Agent to Sell Your Albuquerque Home

by Sandi Pressley

Selling a home in Albuquerque on your own, or FSBO, may seem like a good idea to save money and have more control, but it often leads to more stress. Issues that people face when selling their house on their own include setting the right price, marketing the property effectively, navigating legal requirements, and negotiating with buyers. Without the expertise and experience of a real estate agent, these tasks can be daunting and time-consuming.

Setting the Right Price

Selling a house without a real estate agent can lead to difficulty in setting the right price. Emotions attached to the property can cloud judgment, resulting in an overpriced listing that deters potential buyers and prolongs the selling process.

Paperwork

Selling a home involves a lot of paperwork that can be difficult to understand. Real estate agents undergo extensive training to comprehend legal jargon and can handle all the necessary paperwork on your behalf. Hiring a professional to handle the paperwork can be a convincing reason to choose a real estate agent.

Selling in Your Desired Timeframe

Home sellers don’t always realize how long the process takes. You need to get your home ready to sell, show it to buyers, close the sale, and more. All of this can add up, making the process take longer than people expect. As such, many will set unrealistic deadlines and be disappointed and frustrated when they fall short.

Getting Your Home Ready to Sell

Most homes in Albuquerque need to be prepared to sell.  There’s almost always some repairs to be made, along with cleaning and staging. This is a crucial part of the process that many homeowners overlook when they sell their own home. Home buyers typically will look at a home online and judge the home by the photos. If they don’t see a clean home, they will just go to the next listing.

Why go through all of these stressful obstacles on your own? Hiring an experienced agent, such as Sandi Pressley and her team, will alleviate a great deal of stress and confusion during the selling process, as well as help you make more money in the end.

HOT ALBUQUERQUE LISTING OF THE WEEK

4601 Rio Grande Lane NW, Albuquerque, NM 87107

Phenomenal private North Valley oasis located on one of the most coveted streets in Los Ranchos. Entering this magnificent property will take your breath away. Single level. Elegantly and completely renovated in 2018. The entire home encompasses high end finishes, impeccably done with exquisite taste. Two very large living areas, options for formal and casual dining, tremendous windows with exclusive custom drapery. Kahrs white oak wood floors. Chef's kitchen with massive island, custom cabinetry, quartz counter tops and high end appliances. Each bedroom has its own bath and walk-in closet. Separate office with gorgeous builtins. Grounds are simply stunning. The property is gated and fully fenced. Mature trees, fruit and nut bearing, beautiful grass.

Learn More!

Looking for the perfect home for sale in Albuquerque? Our easy-to-use home search tool can help you start the process. Join us twice a week on our blog for more real estate advice and great reasons to buy a home in Albuquerque and the surrounding area. Follow us on Facebook for the latest Albuquerque real estate updates.

Get your Morning Inspiration with the Sandi Pressley Team

Just Listed! Check Out Our Latest Hot Albuquerque Properties!

by Sandi Pressley

Now is the perfect time to start looking for a great home for sale in Albuquerque. These latest HOT properties from The Sandi Pressley Team are prime examples of the real estate market in Albuquerque. If you're ready to find the perfect home for sale, give us a call!

Contact the Sandi Pressley Team today for your exclusive showing. You can also check out all of our listings on our Featured Listings page.

12909 ROMA Avenue NE, Albuquerque, NM 87123
Beautifully updated 3BDR/2BA home with mtn view and a big backyard!! Lots of natural light! New vinyl flooring, new carpet, newly painted! Updated kitchen features painted cabs, hardware, pantry, gas range, built-micro, refrigerator & bkfst nook! Large utility rm has lots of storage, washer & dryer stays! Open great room with cozy wood fireplace, new flooring, built-in bookshelves! Skylights! Formal dining or second living rm with new flooring. Two secondary bdrs w/new carpet, full bath with new vanity & lighting! Master bdr features new carpet, large walk-in closet, beautiful new vanity! Huge backyard has mtn views, backyard access, covered patio, turf, rock landscape, large storage shed, walled for privacy! 2CG & carport! Close to foothills, schools, parks & shopping!

Learn More!


124 PAA KO Drive, Sandia Park, NM 87047

Welcome home to the Paa-ko lifestyle with this next-to-new custom home! Less than 3 years old, this gem has all the bells & whistles. Featuring high-end finishes like engineered oak floors, quartz counters, custom solid doors and cabinets, this one needs to be seen to be believed. Enter through the custom solar, iron gate and appreciate the fully paved driveway with extra parking pads and a 3-car, oversized garage complete with epoxy floors. Completely landscaped, the exterior has both drip & sprinkler irrigation, room for all your toys, gutters, plus over 300sqft of covered outdoor space to enjoy the unparalleled views. 

Learn More!

Contact us today to help you buy or sell your next home in Albuquerque. Looking for the perfect home for sale in Albuquerque? Our easy-to-use home search tool can help you start the process. Join us twice a week on our blog for more real estate advice and great reasons to buy a home in Albuquerque and the surrounding area. Follow us on Facebook for the latest Albuquerque real estate updates.

Get your Morning Inspiration with the Sandi Pressley Team

The Pros and Cons of Building a Custom Home in Albuquerque

by Sandi Pressley

Currently, prospective homebuyers are facing a challenge due to the limited amount of properties on the market. Building a custom home is an excellent solution to this issue, and there are numerous other benefits to consider.

It is essential to consider the potential drawbacks of any decision. Whether the advantages outweigh the disadvantages depends on your individual circumstances and preferences. Here are some of the benefits and drawbacks to be aware of before making a choice.

The Pros of Building a Custom Home

When you’re thinking about building a custom home in Albuquerque, the following are some of the upsides.

You Can Get Exactly What You Want

When you purchase an existing home, you may have to compromise on certain features. You may be able to make changes or updates later, but you likely won't get exactly what you want. On the other hand, when you build a custom home, you can design it to perfectly suit your lifestyle and taste. However, be mindful that you don't create a home that is so unique that it will be difficult to sell in the future.

You Can Customize Your Location

When you choose to build a custom home, you are not only getting all the features you desire in the house itself, but you are also gaining the opportunity to select the perfect location. Perhaps you are drawn to the idea of purchasing land with no neighbors in sight, or you may prefer a stunning view of the Sandia Mountains. Either way, building a custom home gives you the freedom to make the decision that best suits your needs.

You’ll Have Less Maintenance

If you purchase an existing home, you are likely to spend a significant amount of your free time and money on upkeep and repairs. 

However, when you buy a brand new home, you can save thousands of dollars annually on maintenance. You won't have to spend your weekends making repairs, and you can use that time to do other activities. 

Of course, you will still need to take care of certain tasks, such as lawn maintenance, but this will be much less of a burden if you bought an existing or older home.

The Cons of Building a Custom Home

It’s not all upsides when it comes to building the home of your dreams. Downsides to think about include:

It’s Expensive

Constructing a custom home in Albuquerque will almost always be more expensive than purchasing a comparable existing home. You will need to collaborate with a builder, and labor costs will account for approximately 40% of your total expenses. 

In addition to labor, you will be responsible for paying for permits, design fees, and the building materials. You can reduce your costs to some degree depending on the materials and finishes you select, but it is difficult to get labor costs much lower than the initial quote.

Construction Loans Are Challenging

When you build a home, you may need to secure a construction loan. It is important to note that construction loans typically require a 20% down payment, and lenders consider them to be higher risk investments. 

To secure a construction loan, you will need to provide the lender with the same documents you would typically provide when getting a traditional mortgage. Additionally, you will need to provide plans for your project, estimated costs, and information about land value. 

You must also give the lender a signed contract with the plans for your project, specs, and the timeline for construction. With the right preparation, you can confidently secure a construction loan for your home.

Building Can Take a Long Time

Ultimately, you must consider the fact that constructing a custom home can be a lengthy process. Even a basic, small house will take a minimum of three months to complete. If you are constructing a larger home, it could take up to a year or more to finish. 

Additionally, there are a variety of potential delays that could arise, such as inclement weather or difficulty making decisions on certain aspects. Therefore, it is important to be prepared for the possibility of a lengthy construction period.

If you want expert advice to help you decide if you should build or buy, give the real estate experts at the Sandi Pressley team a call. They will prove to be a valuable resource in your journey to live in the home of your dreams in Albuquerque.

HOT ALBUQUERQUE LISTING OF THE WEEK

4601 RIO GRANDE Lane NW, Los Ranchos, NM 87107

Phenomenal private North Valley oasis located on one of the most coveted streets in Los Ranchos. Entering this magnificent property will take your breath away. Single level. Elegantly and completely renovated in 2018. The entire home encompasses high end finishes, impeccably done with exquisite taste. Two very large living areas, options for formal and casual dining, tremendous windows with exclusive custom drapery. Kahrs white oak wood floors. Chef's kitchen with massive island, custom cabinetry, quartz counter tops and high end appliances. Each bedroom has its own bath and walk-in closet. Separate office with gorgeous builtins. Grounds are simply stunning. The property is gated and fully fenced. Mature trees, fruit and nut bearing, beautiful grass. 

Learn More!

Looking for the perfect home for sale in Albuquerque? Our easy-to-use home search tool can help you start the process. Join us twice a week on our blog for more real estate advice and great reasons to buy a home in Albuquerque and the surrounding area. Follow us on Facebook for the latest Albuquerque real estate updates.

Get your Morning Inspiration with the Sandi Pressley Team

Displaying blog entries 61-70 of 247

Syndication

Categories

Archives

Contact Information

Photo of The Sandi Pressley Team Real Estate
The Sandi Pressley Team
Coldwell Banker Legacy
10400 Academy Rd. NE Suite 100
Albuquerque NM 87111
505-980-2999
505-263-2173 / 505 293-3700
Fax: 505-212-0729

Quick links to this site are also SandiSells.net or SandiSellsHomes.com