Real Estate Information

There’s nothing better than granite countertops for your kitchen, right? That seems to have been the prevailing opinion for years now. But times change, and so do design trends. Now the new material of choice for kitchen counters is turning out to be quartz. It’s now the choice of homebuyers and renovators, as well as design shows and flippers.

If you're getting ready to redo your kitchen or are building a new home in Albuquerque, here are all the reasons to go with quartz.

1. Endless options

Quartz offers a wide range of choices, whether you're looking for something super sleek or want to achieve the look of natural stone without having to deal with the maintenance.

"One of the main reasons quartz has exploded in popularity is due to appearance," said HGTV. "Quartz has the look of stone while also allowing homeowners to customize the design. While granite offers many options in terms of appearance, you may have to search for the right piece that matches your color scheme. With quartz, the selection process is much easier."

2. May be better for larger surfaces

Today's trend in kitchens is an open space with a large island. But large slabs of granite to cover an entire counter are hard to find and expensive if they are found. For a large island or expansive counter, more than one granite slab will likely be needed. Quartz is engineered, so it can be made into large slabs. And if more than one slab is needed, seaming them together is, well, seamless because there is no need to carefully color-match natural elements together as you do with granite.

3. Easy maintenance

Granite needs to be sealed once a year, which is not a big deal for most people. But granite's requirement for daily care could push people toward quartz. "With quartz, cleaning the counter is easy. The quartz washes off with soap and water and looks as good as new. You also don't have to use special bacteria-preventing soaps.

4. No staining

A main consideration for many people when choosing countertops is stain resistance. Food and drinks including juice and wine can permanently stain granite. According to HGTV, "Some oils and acids can stain" as well.

5. Scratches and burns

Granite can scratch and burn, ruining the look. Quartz is scratch resistant and avoids discoloration from hot pots, though it is not advised to put them directly down on either surface.

6. Cost

Granite can be less expensive than quartz depending on whether it is of a high or low grade, but quartz is less expensive when it comes to exotic granite.

7. Eco-friendliness

"The only way granite ends up in your kitchen is if it's quarried and that uses a lot of energy. If you opt for a high-end slab from Italy, for example, there will be considerable transportation involved. Try using indigenous stone when possible or visit salvage shops for pieces that can be cut to fit your needs," said HGTV. "Since quartz is engineered, it can be more environmentally-friendly than granite if you use regionally manufactured stone and local fabricators. This cuts down on the distance the material needs to be transported."

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.

HOT HOME LISTING OF THE WEEK!

13516 Deer Trail Place NE, Albuquerque, NM 87111  $895,000

6 Bedrooms / 4 Bathrooms (3 full, 1 half) / 5893 Square Feet

Perfectly situated with 180 degree views in Glenwood Hills. The frosted glass accented front door greets you and beyond is a wide, open floorplan, with tons of natural light, gas fireplace and wet bar making this home perfect for entertaining. Main level boasts a master suite, 2 spacious bedrooms, formaldining and well-appointed kitchen with breakfast nook and access to one of many patios. Upstairs is another master suite with jetted tub and double sinks, privatebalcony and a fantastic walk-in closet. The garden level is open to the patios and is perfect for rec room/office/gym. Want city AND mountain views this uniqueproperty offers panoramic, breathtaking city views with Mount Taylor in the distance! Hiking, biking and walking trails are just minutes away.

Contact the Sandi Pressley team for additional details! 

Get your Morning Inspiration with the Sandi Pressley Team

Are you wondering when would be the best time to sell your home in Albuquerque? The answer is a resounding “NOW!” The home selling season has never been stronger. Home inventory is lower than ever, meaning you will have less competition. And with an increase in buyers, it’s the perfect combination to make sure you sell your home fast and make the highest profit possible.

Right now, typical home value of homes in Albuquerque is $239,548, which is an increase of 12.5% over last year. The median number of days on the market for homes for sale in Albuquerque is only 57 days. This means that home sellers are selling their homes faster and making more money on the sale.

Home sales this fall outperformed last year’s numbers due to historically low interest rates, according to data from the National Association of Realtors showing a 20.2% increase in closings in October.

According to a report from the Federal Housing Finance Agency, US home prices climbed 7.8% from the third quarter of 2019 to the third quarter of 2020, the fastest year-over-year increase since 2006. 

Several factors have contributed to the increase in demand. People who work at home due to the pandemic, fearing that they won't return to the workplace, have sought larger home-office spaces, often by buying bigger houses. Low mortgage rates have encouraged people to buy, while the supply of available homes is still low. 

That means home sellers have it good until at least the end of the year if conditions hold. According to a study by the National Association of Realtors in 2020, homes sold for an average of $66,000 more than the purchase price, up from $60,000. 

But low inventory and an increase in buyers isn’t the only reason you should sell your home. Here are some other factors to think about.

Interest Rates Are Expected to Remain Low

Before the U.S. was infected with the coronavirus, economists and real estate professionals predicted mortgage interest rates would stay low for most of the year. The pandemic has caused interest rates to drop even further, and this decline has been predicted to continue well into 2021.

You Have a Starter Home

In areas such as Albuquerque, where home prices are rapidly rising and bidding wars are common, entry-level homes, frequently purchased by first-time home buyers, should see a lot of buyer activity for the remainder of the year.

You Need to Move

No matter why you need to move, you can still sell your home and find one that suits your needs. Selling your house may be a viable option if your income has decreased since losing your job. If that’s the case, you might be worried that you won’t be able to pay your mortgage.

The lack of inventory can help your home sell faster. A correctly priced home, or one whose asking price is close to its market value, should sell quickly while inventory is low.

Sandi Pressley and her team are ready to help you sell your home in this hot market. Call us today or visit www.valuemyalbuquerquehome.com to get a free home valuation.

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.

HOT HOME LISTING OF THE WEEK!

14319 MARQUETTE Drive NE, Albuquerque, NM 87123  $399,000

4 Bedrooms / 3 Bathrooms (3 full, 0 half) / 3000 Square Feet

Impeccably Maintained Home Ready for its new Owners! Nestled in the Foothills on a great corner lot, this home will not disappoint. Main level features two living areas, with both formal & informal dining options; a galley kitchen with dining nook; great guest bedroom next to a full bath; & closed in porch/sunroom ideal for home gym or game room. Upper level features a very roomy master suite & en suite, plus two additional bedrooms & full bath. Great curb appeal on a large corner lot & easy access to Hwy, close to hiking/biking trails, & conveniences.

Contact the Sandi Pressley team for additional details! 

Get your Morning Inspiration with the Sandi Pressley Team

When you decide to buy or sell a home in Albuquerque, you need to first decide who you’re going to have on your side to help you complete your transaction succesfully. Albuquerque real estate professionals come in three types - agents, brokers, and Realtors. So what really is the difference between them, and why does it matter?

There are overlaps between all three, but at the same time, distinctions.

Agents

A real estate agent is a person working in the field who has studied for and passed the relevant real estate courses. They are also licensed to practice in the state of New Mexico.

An agent represents either the buyer or the seller in a transaction. Some specialize in working with buyers, others with sellers, others do both.

An agent's job description includes collecting offers and counteroffers, negotiating, and assisting clients with the paperwork. Real estate agents are able to provide their clients with additional services that aid in tying up loose ends, such as arranging any necessary home inspections. They usually receive a commission on a successful transaction, so they receive a percentage of the sale price.

Brokers

A real estate broker is someone with more education than is required to become a real estate agent and has obtained their broker license. A real estate broker might need to complete courses in topics like insurance, taxes, and ethics. Brokers also learn topics like property management and real estate investments. The coursework is more in-depth compared to what agents are required to complete.

There are three types of brokers.

A principal or designated broker is a person who works in every real estate office. They make sure the legal compliance of the office. Additionally, they get a commission of the sales their agents make. Next, there’s a managing broker, who may have greater influence over the agents at the office. An associate broker works under a managing broker but usually doesn’t supervise others.

Real estate brokers can work for themselves. They can also hire agents who work under them.

After passing a broker's exam, you can continue to work under another broker, in which case you will be called an associate broker. This was briefly touched upon earlier.

Brokers and real estate agents share the same responsibilities. The main difference is that a broker may earn more money than an agent by having a team under their management.

Realtors

Realtor is a third term often used to denote an agent or broker. Realtors belong to the National Association of Realtors or NAR.

NAR members agree to adhere to NAR’s strict ethical guidelines. Besides agents, Realtors can also include other professionals in the industry. For instance, property managers and appraisers can be Realtors since it's a profession that originates from a group membership.

When you become a Realtor, you can use the trademark as part of your title.

This trademark has been assigned to Sandi Pressley since 1979. Sandi has listed and sold more homes than any other agent throughout New Mexico. Through her dedication and hard work, she has been able to help over 12,200 families buy or sell their property. Sandi has been the top realtor in Albuquerque as well as in the state of New Mexico for 35 consecutive years. Sandi and her dedicated team of real estate professionals stand ready to help you realize your real estate goals in Albuquerque.

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.

HOT HOME LISTING OF THE WEEK!

14319 MARQUETTE Drive NE, Albuquerque, NM 87123  $399,000

4 Bedrooms / 3 Bathrooms (3 full, 0 half) / 3000 Square Feet

Impeccably Maintained Home Ready for its new Owners! Nestled in the Foothills on a great corner lot, this home will not disappoint. Main level features two living areas, with both formal & informal dining options; a galley kitchen with dining nook; great guest bedroom next to a full bath; & closed in porch/sunroom ideal for home gym or game room. Upper level features a very roomy master suite & en suite, plus two additional bedrooms & full bath. Great curb appeal on a large corner lot & easy access to Hwy, close to hiking/biking trails, & conveniences.

Contact the Sandi Pressley team for additional details! 

Get your Morning Inspiration with the Sandi Pressley Team

Are you ready to move into your ideal home in Albuquerque? Since the busy Spring home selling season is coming soon, now is the perfect time to find the home of your dreams. These homes are sure to go fast, so make sure you schedule a viewing today!

Feel free to contact Sandi Pressley and her team at 505-263-2173 to get more information and schedule a viewing of these fine homes. You can check out all of our listings on our Featured Listings page.

8716 MADRE Avenue NE, Albuquerque, NM 87111

$360,000

Precious Inman Patio-Home in highly desirable Canyon Run! Prime NE Heights location, location, location with so many recent updates: FURNACE (2020), HVAC (2020), WATER HEATER (2020), STUCCO (2019), GUTTERS (2019) plus fresh paint and beautiful floors. Featuring 2 living areas, a wet bar, and gas fireplace, this is comfortable living. Oversized Master Bedroom features tons of closet space plus a spa-like master bathroom with double-sinks and separate shower and garden tub. Enjoy your privacy in the backyard under an oversized patio, or spread out indoors with the beautiful sunroom. Updated counters in the kitchen plus newer stainless steel appliances make this home move-in ready.

Learn More!

2509 RIDGECREST Drive SE, Albuquerque, NM 87108

$375,000

Welcome Home to this beautiful brick home situated on a large corner lot close to conveniences. Great curb appeal with curved driveway, large covered porch & garage to the side of home. Featuring desirable split floorplan with spacious living spaces throughout including both formal & informal living & dining options; Two ample master suites for guest or in-law quarters; Fresh interior paint & carpet replaced in 2020; Huge family room w/efficient wood stove opening to the 207 sqft sunroom (not included in square footage); Kitchen features eat at bar plus sunny nook, & lots of cabinet space. Mature landscaping provides trees, shrubs and partial xeriscaping; open patio; & backyard access. **Square footage does not include the 207sqft Sunroom**

Learn More!

14319 MARQUETTE Drive NE, Albuquerque, NM 87123

$399,000

Impeccably Maintained Home Ready for its new Owners! Nestled in the Foothills on a great corner lot, this home will not disappoint. Main level features two living areas, with both formal & informal dining options; a galley kitchen with dining nook; great guest bedroom next to a full bath; & closed in porch/sunroom ideal for home gym or game room. Upper level features a very roomy master suite & en suite, plus two additional bedrooms & full bath. Great curb appeal on a large corner lot & easy access to Hwy, close to hiking/biking trails, & conveniences.

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 intend to sell your home in Albuquerque, painting your stairs will increase the value of your property and enhance its appearance. People often overlook their stairs when they are taking on home improvement projects. But it can be a very easy way to dramatically change the look of your home. Whether you want to give your stairs a makeover or just repaint the back deck, there's paint for every need.

Here's a quick guide to the types of paint that are best for freshening up your interior and exterior stairs. 

Outdoor Stairs

You need a highly durable paint for your outdoor stairs, as they are subjected to high traffic and the elements. You should try an acrylic exterior paint on your wood stairs. There is an acrylic paint made specifically for porches, floors, and exterior stairs. You should stay away from glossy finish paints, which can be slippery when wet.

Satin or eggshell finish paints are the best choice as they can resist dirt and stains while being easily cleaned without creating a slip hazard. For extra safety, you can add a non-slip additive to your paint for extra texture and slip resistance. 

Indoor Stairs

Indoor stairs often don't wear out as much as outdoor stairs, but they still get a lot of foot traffic. Try painting indoor stairs with 100% acrylic paint for easy cleaning. If you want to keep the steps dry during wet weather, you can use semi-gloss paint.

If you plan to paint your indoor stairs in different colors, you might also consider other paint finishes. For example, you could paint the risers and spindles in semigloss paint and use a lower luster paint for the railings and treads to increase safety.

Paint Design Ideas

Your stairs can be a great place for you to let your creative side shine when it comes to painting, since you can paint them in a variety of ways.

One classic approach to painting stairs is to paint the risers and spindles in a light color and the treads and railings in a dark one. This looks nice and adds visual interest to the steps. 

If you like the look of a classic stair runner, but you don't want the risk of tripping, you can paint a runner down the center of your staircase for a great visual effect.

Refinishing Stairs for a Fresh, New Look

Fresh paint is one way you can transform the look of your stairs and brighten the area around them. If you're thinking about refinishing your stairs, its essential to have all the right tools and paint. That way, you'll make your vision a reality. 

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.

HOT HOME LISTING OF THE WEEK!

803 WARM SANDS Court SE, Albuquerque, NM 87123  $660,000

6 Bedrooms / 4 Bathrooms (4 full, 0 half) / 4553 Square Feet

Stunning Custom home (By Guererro)on a cul de sac in 4 Hills Village, upon entering you will notice the hardwood grand staircase. Home features 6 Bedrooms, 4 Baths, with Gourmet Kitchen, stainless appliances, granite counter tops, remodeled bathrooms, an amazing walk out basement (1200 sq ft) with a bedroom bathroom (pool table stays), storage, wet bar and so much more and entertaining areas. Spectacular views from master bedroom Balcony,(there are two other balconies as well), backyard w/rv access. There is new carpet, paint, surround sound, updated lighting, fans, all new hardware on the doors, oversized 3 car garage w new doors/openers. Schedule an appt now. Please note hot tub does not convey!

Contact the Sandi Pressley team for additional details! 

Get your Morning Inspiration with the Sandi Pressley Team

As you prepare to put your Albuquerque home on the market for sale, you should think about how to make it more appealing. Many home sellers will paint, add landscaping or make other small, affordable updates to attract buyers. Another affordable project that you can do now is installing new windows.

New window installation is something that many home buyers in Albuquerque look for when looking to buy a new home. New windows are energy-efficient, make a home look more attractive, and you get most of your investment back when the final contract is signed.

Energy Efficient Windows Are What Buyers Are Looking For

If your windows are old wood or aluminum style, most will see that as something that needs replacing. When buyers see projects, they are either not going to make an offer at all, or they might make a lowball offer exploiting it as an excuse to pay less.

If you want to sell your home fast, new windows might be the right move for you.

The moment the new windows are up, you can talk about how much more energy-efficient your home has become since the work was done. You might even go so far as to bring out your heating and cooling bills to back it up. If you have your windows installed a month before you post the "For Sale" sign, you may start to notice some differences.

New Windows Enhance the Look of Residential Properties

While some home buyers are interested in energy-efficient and functional home features, others are interested in how it looks at first glance. If you haven't replaced your windows in thirty years, you're likely to have chips, cracks, and broken glass.

When buyers pull into your driveway, they're going to check the roof, the siding, and the windows to see how well maintained they are. By replacing those old windows with energy efficient ones that match the rest of the home's exterior, it will help you sell the house more quickly. You won't have to spend any time haggling with the price because of the old ones.

How to Tell if It's Time to Replace Your Windows

Now that you know that installing new windows will help you sell your home faster, it's important to figure out when it's time for a window replacement.

There are several factors to take into consideration, including:

• Visible chips, cracks, or water damage to the window frames
• Excessive outside noise coming through the windows
• Feeling drafts leak in when the windows are closed
• Condensation between the layers of glass
• Cracked or broken glass
• Problems opening, closing, or locking the windows
• Cloudy glass
• Recent increases in your energy bills
• Older single-pane windows instead of double-glazed modern windows

After you find one or more of these points to be true, you should start researching what windows are available to replace the old ones.

When you talk with your window contractor, ask about style options as well. A home with new windows will be more energy efficient, but the new windows won't look right if you pick the wrong style. If you did not pick the right window for your home's existing look and structure, homebuyers will be less likely to be attracted by the overall appearance.

Often, home sellers decide to replace windows in homes before selling because they would rather spend some money to get the sale over with quickly. That's just one of the benefits, however. Even if your house didn't sell as fast as you wanted it to, you could still save money on your energy bill while you're still there. That's without mentioning how beautiful the new windows look to those driving by. Someone will eventually see the new energy-efficient windows that really complement your home, and they won't be able to resist making an offer.

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.

HOT HOME LISTING OF THE WEEK!

803 WARM SANDS Court SE, Albuquerque, NM 87123  $660,000

6 Bedrooms / 4 Bathrooms (4 full, 0 half) / 4553 Square Feet

Stunning Custom home (By Guererro)on a cul de sac in 4 Hills Village, upon entering you will notice the hardwood grand staircase. Home features 6 Bedrooms, 4 Baths, with Gourmet Kitchen, stainless appliances, granite counter tops, remodeled bathrooms, an amazing walk out basement (1200 sq ft) with a bedroom bathroom (pool table stays), storage, wet bar and so much more and entertaining areas. Spectacular views from master bedroom Balcony,(there are two other balconies as well), backyard w/rv access. There is new carpet, paint, surround sound, updated lighting, fans, all new hardware on the doors, oversized 3 car garage w new doors/openers. Schedule an appt now. Please note hot tub does not convey!

Contact the Sandi Pressley team for additional details! 

Get your Morning Inspiration with the Sandi Pressley Team

Owning a home in Albuquerque is an investment that, as we all know, will need repairs and improvements as the years go by. Many people prepare for the mortgage payment and other costs, but sudden repairs can catch anyone off guard. In fact, around 31% of homeowners don't set aside enough for home repairs.

What are some steps you can take to make sure you're ready for your next repair job or improvement project?

1. Always have a plan

Since there's many items on your to-do list as a homeowner, then logically you should make a real to-do list on paper or spreadsheet program to keep track of it all. Keep track of your regular maintenance items, such as filter replacements and gutter cleaning, as well as projects you want to take care of in the near future. Then make a list of larger updates you would like to do eventually.

Doing this will not only help you remember regular items to keep up, but you can prioritize repairs that will save money down the road. This list will also come in handy when you want to look back at repairs on particular items over the years to see if they justify replacement. And when you go to sell your home, the buyer will appreciate knowing when those items were taken care of.

2. Add to your emergency fund

Setting aside money for repairs is always a good idea, especially if you don't live in a new home. Having an emergency fund can help you take care of unexpected situations, or if you lose income. And you don't have to aim for the stars to start with. Setting aside as much as you can will add up over the months and years. There are also apps for your phone that can help set money aside.

3. Act quickly when it comes to repairs

Take care of a repair as soon as it pops up. Don't wait for the problem to get worse. For example, a leaky faucet can rot the subfloor. Fixing a faucet is far easier than replacing a floor.

4. Know your financing options

Sometimes a repair may exceed your cash on hand. Make a plan to take care of these larger repairs, such as borrowing from a bank or family member. Home equity loans and home equity lines of credit (HELOCs) are also financing options.

5. Consider doing it yourself

Younger homeowners tend to do projects themselves rather than hiring a pro. This can save hundreds on a project. But there's a risk in making huge mistakes that can cost more in the end. Make sure you can handle a project before you DIY.

6. If you go pro, do your research

There's nothing wrong with hiring a pro. But make sure that you research the pros in your area and get several estimates. Ask questions, such as how they intend to do the job, what the estimated timeline is, whether they’re insured and how much experience they have with projects like yours. Don’t simply go with the cheapest contractor to save Money. Yes, they could be the best person for the job, or you may wind up spending more to fix their mistakes.

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.

HOT HOME LISTING OF THE WEEK!

11721 SKY VALLEY Way NE, Albuquerque, NM 87111  $829,000

6 Bedrooms / 5 Bathrooms (3 full, 2 half) / 4860 Square Feet

Almost 5,000sqft in Prestigious Tanoan East with absolutely INCREDIBLE views!! Enjoy mountain views as you overlook the 6th Hole of Sandia and float in the pristine, HEATED pool, with a lot situated above the golf course for privacy. At night, view the twinkling lights of Albuquerque from your private balcony off the oversized master. Too many amenities to list! With room for everyone, this home boasts a finished basement complete with rec room, bedroom & bath. The luxury kitchen features granite countertops, newer appliances and open floorplan. Beautiful wood floors, oak staircase, 2 gas log fireplaces and more are ready to welcome you home!

Contact the Sandi Pressley team for additional details! 

Get your Morning Inspiration with the Sandi Pressley Team