Real Estate Information Archive

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.

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. 

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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.

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

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

Moving to or from Albuquerque, or anywhere, can be expensive. But there are ways to make it more affordable. This blog post will give you tips on how to move smarter and save money during the relocation process. From packing supplies and organizing your belongings, to finding the best moving companies and storage options, these tips will help you make your move as smooth and affordable as possible.

When it comes to moving, being smart and savvy about your expenses can make all the difference. To save money and reduce stress, it's important to plan ahead and look for ways to streamline the process.

Here are a few tips to help you move smarter and save money:

Set a Moving Budget

Moving can be expensive, but when done correctly, it doesn't need to break the bank. With the right budgeting and planning, you can make relocation affordable and still move smart.

Before you start packing, take some time to plan out your budget and make sure you have enough money to cover the expenses that come with moving.

Start by creating a budget that includes expenses like rental trucks, packing supplies, and movers. Estimate how much you'll need to cover the cost of fuel and lodging on the way to your new home. If you have the time, try to look for money-saving opportunities like borrowing packing supplies from friends and family, or renting a truck for a cheaper rate.

As you plan, remember to factor in the cost of moving insurance, storage units, and any other services you may need. Once you've created a budget, you'll be able to make the most of your money, ensuring a smooth and efficient move.

Downsizing Before the Move

Moving can seem like a daunting and expensive experience, but it doesn't have to be. Downsizing before the move is an effective way to save money and make the process less stressful.

Start by sorting through your belongings and eliminating items you no longer need or use. This can be done through donations, consignment, or even a yard sale. By getting rid of unnecessary items, you will be able to reduce the amount of furniture and boxes that need to be transported to your new home.

Additionally, you can save money on packing materials and moving costs. Finally, by downsizing before the move, you can save time, energy, and money on the entire relocation process. So, if you're looking to move smarter and save, downsizing is a great starting point.

DIY Strategies for Relocation Savings

Moving to a new home can be expensive and stressful, but there are plenty of DIY strategies to help keep costs down and make relocation more affordable. Start by scheduling a move during the off-season, when moving companies are less busy and more likely to offer discounts.

You can also save money by packing and unpacking your own boxes, and renting or borrowing a moving truck instead of hiring a professional moving company. When it comes to furniture, consider selling large pieces and buying smaller, more affordable replacements at your new home.

Finally, make sure to research any potential new neighborhoods to make sure you are getting the best deal on rent or a mortgage. With a little planning and research, you can move smarter and save money on your next relocation.

Tips for Finding Affordable Movers or Rental Trucks

Whether you are moving across Albuquerque or across the country, there are ways to save money and make your move more affordable. To start, it's important to plan ahead and compare prices between several different movers or rental truck companies.

One great way to save money is to look for discounts or special offers. You can also save money by packing your items yourself and using your own supplies. Additionally, packing and loading on a weekday can often result in lower rates than weekend rates.

Finally, it's important to research the company you choose and double-check their experience and customer reviews before signing a contract. With a little bit of planning and research, you can move smarter and save money on your relocation.

When it comes to relocating, it can become quite expensive. But there are ways to make the process more affordable. 

HOT ALBUQUERQUE LISTING OF THE WEEK

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

If you're looking for the perfect luxury estate for sale in Albuquerque, your search is over! This stunning estate offers everyting you can imagine, with sweeping architecture and plenty of room for animals. And if you're looking for the ideal mid-prices home, then chek out our other HOT property listed below.

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

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!

5336 Jessie Dr NE, Albuquerque, NM 87111

Freshly updated home located in the desirable El Dorado HS district. Paint, LV flooring, quartz countertops in kitchen, remodeled bathrooms, newer furnace. Roof replacement in 2020. Double entry doors welcome you into this bright and cheery home. Open floor plan with kitchen, dining room flowing into the great room with a gas fireplace. Spacious primary suite with room for sitting area, new carpet and remodel bath/spa. Two more bedrooms with new carpet and good sized closets. Wonderful outdoor space with mature plantings and trees(apple tree & evergreens). Enjoy al fresco dining under the covered patio. Near nature trails, restaurants, shopping and markets. Visit this must see GEM.

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.

Are you looking to add value to your home? One of the best ways to do this is by making smart home improvements. From energy-efficient appliances to smart home automation systems, there are plenty of ways to upgrade and enhance your home without breaking the bank.

Home improvement projects are a great option for Albuquerque home owners who want to add value to their property. Not only do smart home improvements increase the value of your home, but they can also save you money in the long run. Every penny saved from replacing an old appliance or installing efficient solar paneling can help you out in the long run. Furthermore, an aesthetically pleasing renovation such as adding a room or finishing the basement or attic can draw potential buyers in, adding to the value of your home.

In this blog, we’ll look at smart home improvements that you can make to add value to your home. 

Benefits of Making Smart Home Improvements

Making smart home improvements can have a number of benefits, especially when it comes to making a home more energy efficient. For example, replacing old window frames with new insulated windows can help reduce heating and cooling costs over time.

Additionally, ceiling fans and more efficient lighting options can also help to reduce energy costs.

Homeowners in Albuquerque can also benefit from installing low-flow toilet fixtures, energy-efficient appliances, and even solar energy systems if their budget allows. Taking the time to find ways to make home improvements that are also energy efficient can be well worth the effort in the long run.

Aside from the energy savings, smart home improvements can also help increase the value of a home which can lead to a higher return on investment when it comes time to sell. Installing modern appliances or adding a deck or patio are just two of the ways homeowners can add value to their properties.

Again, renovating a home is not only a great way to save energy and reduce bills, but it can also be a great investment for when it comes time to sell. Home improvement projects, such as adding a deck or upgrading appliances, can help increase the value of the property. By taking the time now to make smart home improvements, Albuquerque homeowners can benefit from more money in their pockets down the road.

How to Add Value to Your Home Through Smart Improvements

One way to add value to your home is to make smart improvements that you can do yourself or hire someone to do, such as replacing old appliances with energy-efficient ones, adding a room or finishing the basement or attic, and installing solar panels.

Another way to add value to your home is to update it with features that appeal to potential buyers, such as remodeling the kitchen and bathrooms, adding a deck or patio for outdoor living space, and making sure the exterior looks clean and inviting.

Home improvements in Albuquerque can be costly, but they are worth the investment in the long run. Not only will potential buyers be attracted to your home, but you can also enjoy a greater level of comfort with updated features. Consider consulting a local expert for advice on the best ways to make improvements that will increase the value of your home. With the right guidance, your home can become a desirable property that stands out in the market.

Finally, consider making improvements that will improve the home’s performance and appeal, such as improving its insulation and air sealing, upgrading the windows and doors, and replacing aging plumbing fixtures. These investments will pay off in the long run with lower utility bills and higher property values.

In conclusion, making smart home improvements can add significant value to your home. From energy-efficient appliances to smart home automation systems, there are plenty of projects that you can undertake yourself or hire a professional to handle. So don’t hesitate—start planning your next smart home improvement project today.

HOT ALBUQUERQUE LISTING OF THE WEEK

45 BROKEN ARROW Place, Sandia Park, NM 87047

Luxurious Custom Home located on a private gated street in the prestigious Paako Ridge Community, situated next to the fairway of hole #1 of the world class Paako Ridge Golf course! Approximately 300K has been invested by current owners in the surrounding environmentally friendly & efficient landscaping that boasts low voltage lighting, stone fountain, drought tolerant trees, shrubs and perennials. Environmentally constructed for optimum energy efficiency, with thoughtful architectural & designer details throughout, this exquisite home will impress the most discerning buyer! Upon entry, the open & bright great room offers a dramatic raised coffered ceiling, custom tile floors, double sided gas log fireplace, & awe-inspiring views of veranda & garden through the windows & French doors.

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

Are you planning to put your Albuquerque house on the market soon? If so, it is essential to figure out how to boost its value. Fortunately, there are many ways that can help you do this - from a fresh coating of paint or new windows to a full-on renovation.

Let's take a look at some of the best and trendiest ways to increase home value.

Update the Interior

For individuals looking to upgrade their home, interior design is usually the first thought that comes to mind.   Appreciated amenities,   energy efficient appliances and creative   designs have the potential to   change a room's overall appeal without having to spend too much money on a whole remodel. And there's no limit to how   creative you can get with your updates! 

Want to make your home more visually appealing? Adding some simple touches like repainting your cabinets and swapping out old light fixtures can instantly give it a more modern look. You can also ask help from an interior designer, your realtor, or even the internet for some inspiration. 

Exterior & Landscaping

Homebuyers have certain expectations when they visit your listing. Is the house inviting? Does the yard look well-maintained? Walkways should be clear of debris.

Many people will not buy a house if the outside and surrounding property look like it will need expensive repair. Remember to take extra consideration for often overlooked aspects of your lawn. There are easy and inexpensive ways to do so, such as:

• Mend wood rot
• No bare grass spots
• Fix any peeling paint
• Add mulch where necessary
• Fix any cracks in the concrete
• Clear your gutters of any debris
• Ensure your front door is in good shape
• No dead, wilted, or dry plants, shrubs, or trees
• Clean the windows inside and out and ensure no screens or blinds are damaged

Ensuring all of these are in good standing will quickly add to the curb appeal of your home.

Make Your Home Energy Efficient

The new energy-efficient appliances will make your home more appealing, because buyers are looking for a home that is environmentally friendly. This can be an added plus, if the house is put on the market or if you live in the home and want to increase its value. 

Energy-efficient windows, doors, and lighting are not only a great way to reduce their carbon footprint and save money, but these energy-efficient building materials and fixtures could also lead to tax breaks. 

Thanks to advances in technology, there are many eco-friendly, energy-efficient options available to you. You can find smart technology, Energy-Star rated appliances, and thermally-broken steel-based doors and windows. Whether you prefer contemporary or more traditional rustic-style homes, there's a solution for you. 

Install New Windows & Doors

Customizing your windows and doors is one of the most effective ways to raise the value of your home. When home buyers look at houses, they pay close attention to how upgraded the doors and windows are. 

Not only are there energy-efficient options to choose from—there are also plenty of stylish colors and fashionable designs to choose from, so there's sure to be something that fits your unique aesthetic perfectly. 

Are you looking for traditional or modern-looking windows and doors that will provide your home with character and a fresh, new look? 

When choosing new doors and windows, keep in mind the dessert climate you live in. Aim to buy windows and doors that hold in warm and cool air accordingly so that you don't end up paying more on energy bills.

Update Your Kitchen & Bathroom

A common project for a home remodeling project is to change the kitchen or bathroom. There are so many things that you can do to add value to these rooms! Installing smart home technology and devices, re-doing a shower or bathtub, or even just a new countertop or backsplash plus a bit of paint goes a long way too. When you want to add value to your home, there’s no shortage of ideas or options! 

If you're thinking of fixing up your home to put it on the market, check what's trending. Get an idea of what might increase a home's value. Then, once you've finished renovating, you can improve the right features and try to make a much nicer profit once you do find a buyer. 

New bathrooms and kitchens, however, are only as good as the pipes that support them. If a home has a lot of old pipes and plumbing, it might be worth updating or replacing them with newer versions. Unfortunately, there's no way around it: Buyers do look at these things. So if it's not up to standard, it can be difficult to find a buyer. 

Focus on Maintenance and Repairs

If your plumbing isn't up to date, you could be facing problems with your home. Plus, no one wants to deal with broken pipes while you're trying to sell! If there are repairs to be made, do it before you put your home on the market. 

Whether you intend to sell the home or not, keeping up with routine preventative maintenance and fix all problems you know already exist helps ensure that the home is in its best possible condition and will attract the most number of buyers. Keep a record of all repairs, installations, and any service done to any part of the house so that you have answers and proof ready for any potential buyer's questions. 

Old houses always come with hidden problems and issues. By getting a Home Inspector in to thoroughly check the house, you'll be saving yourself a lot of headaches and potential costs long term. Regular maintenance and upkeep on a house also saves you money in the long run. 

There are so many ways to increase home value. Just make sure you communicate with your realtor if you're selling the house and research what's trending in the market and with home buyers. Then, find the best ones for your budget and aesthetic goals, and you'll sell the house in no time at all.

HOT ALBUQUERQUE LISTING OF THE WEEK

** $10,000 incentive for points buydown, closing costs or to use on carpet/paint.** This home boasts 5 bedrooms, 4 baths and a spacious 3 car garage! This wonderful corner lot home in the Celebracion at Fiesta Subdivision has 2 living areas and an open concept, perfect for entertaining! Great location close to restaurants, stores and the freeway. There is much to see with this fabulous home, come and look for yourself!

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

Are you in the market for a perfect starter home, or for a place to expand your space? These latest Albuquerque Hot Properties from the Sandi Pressley Team are just what you're looking for. But don't wait, as these great homes 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.

** $10,000 incentive for points buydown, closing costs or to use on carpet/paint.** This home boasts 5 bedrooms, 4 baths and a spacious 3 car garage! This wonderful corner lot home in the Celebracion at Fiesta Subdivision has 2 living areas and an open concept, perfect for entertaining! Great location close to restaurants, stores and the freeway. There is much to see with this fabulous home, come and look for yourself!

Learn More!

1009 BARELAS Road SW, Albuquerque, NM 87102

Value...Value...Value!! This quaint adobe in the heart of Barelas gives you easy access to Downtown, the bosque, parks, I-25 and more. Featuring 1 bedroom, an updated full bathroom, and newer swamp cooler (2016), this one has been in the same family for 3 generations but is ready for a new owner. Don't miss this opportunity!

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.

If you plan on buying a home in Albuquerque, you likely will need a mortgage. The process of finding a mortgage might involve the assistance of a mortgage broker. An experienced mortgage broker can help you secure the best interest rates and terms. There is, however, still some residual doubt about working with these professionals after the 2008 real estate market crash.

There is a possibility that a mortgage broker is not really looking out for your best interests. It is true that working with someone who is experienced and ethical is an asset. Using a mortgage broker has its pros and cons, just as anything else.

Mortgage brokers are an alternative to banks. Banks and mortgage companies are direct lenders. The financial institutions in this category originate, process, and fund loans. Money is lent by the company handling your loan process.

A mortgage broker is a middleman, and the goal is for the broker to match you with the right lender for your needs. Brokers work with wholesale mortgage companies, so they’re your primary and unified point of contact to compare multiple loan options.

The following are some of the pros and cons of working with mortgage brokers.

What Are the Pros of a Mortgage Broker?

When you work with a broker, benefits include:

Brokers have access to interest rates and loan program options from various lenders, so they might be able to get you a more specialized product that’s well-suited to your needs.

In addition to everything else that comes with buying a house, comparing lenders is time-consuming. Brokers can help manage the legwork, and they can also make sure you steer clear of lenders with adverse payment terms that might be otherwise buried in the fine print. While brokers do a lot of the heavy lifting, so to speak, you still need to do some of your own research before meeting with someone so that you’re going to be better prepared to assess the skills and qualifications of the broker.

Since brokers work exclusively with lenders, they might have better access. Some lenders won’t let you directly get in contact for a retail mortgage.

Brokers can get special rates if they generate a lot of business for a lender, and you wouldn’t be able to do this on your own.

Brokers might be able to manage the fees. There are a lot of fees that come with getting a mortgage, including application, origination, and appraisal fees. A mortgage broker may be able to negotiate with lenders to waive some or all of these, which can end up saving you thousands of dollars.

What Are the Downsides of Working With a Mortgage Broker?

There are some downsides you have to weigh that come with working with a broker.

Mortgage brokers aren't guaranteed to act in your best interests. Brokers earn a commission when they refer business to lenders, so if you were working with someone, they could steer you toward a loan that's higher than you want. After the 2008 housing market crash, many brokers earned a negative reputation for maximizing their own compensation.

Some mortgage brokers may offer you the same terms and rates that you’d get from the lender anyway. You should probably still shop around to make sure what you’re getting from a broker is the best deal, increasing the amount of work you need to do and negating some of the benefits of working with a broker in the first place.

A mortgage broker might be paid by a lender or by you. In such a case, you might also need to inquire about whether you are being guided toward a loan that ends up being more expensive just so the broker can earn a higher commission. It is essential that you know all fees upfront before you agree to anything or work with a broker.

For many buyers, particularly since you have access to online comparison tools, a broker might not be worth it as you secure a mortgage.

HOT ALBUQUERQUE LISTING OF THE WEEK

Majestic Custom Tuscan style home with over 3500 square feet, featuring an open & bright floorplan & thoughtful architectural & design details throughout! Grand foyer leads to stunning great room boasting a raised, beamed ceiling; floor to ceiling 'stack' stone fireplace; picture windows to enjoy the Sandia Mtn views; & surround sound extending out to covered patio. Gourmet kitchen graced w/beautiful cabinets & granite cntrs; high end SS appliances w/dbl ovens & 2 microwaves; oversized eat-at island; large pantry & sunny nook. Exquisite custom etched glass doors open o the formal dining room! Privately situated primary suite is a true retreat with its own east facing patio & spa like en suite.

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

What more could you ask for in a luxury home than to be located in one of the most scenic places on earth? Our top luxury homes for sale in Albuquerue offer everything you can imagine, including stunning views of the Sandia mountains and the surrounding 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.

Majestic Custom Tuscan style home with over 3500 square feet, featuring an open & bright floorplan & thoughtful architectural & design details throughout! Grand foyer leads to stunning great room boasting a raised, beamed ceiling; floor to ceiling 'stack' stone fireplace; picture windows to enjoy the Sandia Mtn views; & surround sound extending out to covered patio. Gourmet kitchen graced w/beautiful cabinets & granite cntrs; high end SS appliances w/dbl ovens & 2 microwaves; oversized eat-at island; large pantry & sunny nook. Exquisite custom etched glass doors open o the formal dining room! Privately situated primary suite is a true retreat with its own east facing patio & spa like en suite.

Learn More!

45 BROKEN ARROW Place, Sandia Park, NM 87047

Luxurious Custom Home located on a private gated street in the prestigious Paako Ridge Community, situated next to the fairway of hole #1 of the world class Paako Ridge Golf course! Approximately 300K has been invested by current owners in the surrounding environmentally friendly & efficient landscaping that boasts low voltage lighting, stone fountain, drought tolerant trees, shrubs and perennials. Environmentally constructed for optimum energy efficiency, with thoughtful architectural & designer details throughout, this exquisite home will impress the most discerning buyer! Upon entry, the open & bright great room offers a dramatic raised coffered ceiling, custom tile floors, double sided gas log fireplace, & awe-inspiring views of veranda & garden through the windows & French doors.

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.

Real estate can seem complicated to people regardless of whether they are first-time homebuyers or experienced investors. There is a lot to learn about mortgages, contracts, and market analysis. When you have the right knowledge and resources, you can easily navigate through this potential minefield. 

Real estate can be a great way for you and your family to build wealth and financial security. But, just like any other form of investing, buying and selling a property isn't without its risks. However, there are things you can do to help you make sure that your real estate investments are successful.

Here are some common mistakes to avoid when making decisions in the real estate market:

Not Having Enough Money

You can make a big mistake in real estate investing if you rush in without enough money for contingencies. You'll need capital not only for your initial investment, but also for any unexpected issues that might arise. But even with a loan, it's important to ensure you have enough saved to cover the remaining expenses and still turn a profit.

Not Getting a Home Inspection

Nobody wants to be unexpectedly saddled with costly repairs after purchasing a house. Getting a home inspection before you buy a property can save you both time and money in the long run. If there are any issues, a professional inspector will identify them. As a result, you won't agree to anything without knowing what you're getting into. An inspection may seem unnecessary at first, but opting out could result in unexpected expenses in the future.

Not Having Realistic Expectations

There are no shortcuts to success when it comes to real estate investing. Making it in this business requires a lot of energy, research, and gut instinct. Aiming high and expecting huge returns with little effort may seem tempting, but it's rarely the case. Rather than becoming discouraged or overwhelmed, it is important to set realistic expectations in these situations. Focus on acquiring properties within your budget and that are accessible. By doing this, you won't take on too much financial risk. With careful planning and an eye for detail, you can navigate the real estate market- but it doesn't happen overnight!

Not Diversifying Your Portfolio

It's an old financial rule – don't put all your eggs in one basket. In the world of real estate investing, that rule still applies. The best way to ensure a lucrative and successful investment portfolio is to diversify it as much as possible. This means considering different types of properties in various markets. Creating a mix that reflects your personal needs and goals is also necessary. Sure, it may require more research and effort, but you can rest assured knowing that your investment is spread out. So the consequences of any unexpected market changes won't be catastrophic. Instead, diversifying your portfolio across a mixture of real estate investments can help build wealth for years to come.

Not Working with a Qualified Agent

Although it might be tempting to try to cut corners and save a few dollars by skipping the assistance of an experienced real estate agent, it's not advised. An agent who's been in the business for a while will have all the necessary skills to find precisely what you're looking for. They will also help you negotiate a fair price. Even more valuable are their insights into the best possible options for real estate investments in Albuquerque. Their expertise in helping you through a complex process that can often be quite confusing is excellent. As such, a qualified agent, such as Sandi Pressley, is essential if you really want to get the most out of your real estate investment.

Conclusion

Real estate can be a complex field, but it doesn't have to be intimidating if you take the time to understand the basics. From understanding mortgages and loan types to exploring local market trends, there's no shortage of knowledge available when it comes to real estate. The most important thing is to equip yourself with as much information as possible before making any significant decisions. It may take some time and effort, but the rewards are worth it in the end. With a bit of research and preparation, you can navigate the real estate world with confidence.

HOT ALBUQUERQUE LISTING OF THE WEEK

45 BROKEN ARROW Place, Sandia Park, NM 87047

Luxurious Custom Home located on a private gated street in the prestigious Paako Ridge Community, situated next to the fairway of hole #1 of the world class Paako Ridge Golf course! Approximately 300K has been invested by current owners in the surrounding environmentally friendly & efficient landscaping that boasts low voltage lighting, stone fountain, drought tolerant trees, shrubs and perennials. Environmentally constructed for optimum energy efficiency, with thoughtful architectural & designer details throughout, this exquisite home will impress the most discerning buyer! Upon entry, the open & bright great room offers a dramatic raised coffered ceiling, custom tile floors, double sided gas log fireplace, & awe-inspiring views of veranda & garden through the windows & French doors.

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