4316 Beresford Ln NW (Albuquerque, New Mexico)

4316 Beresford Ln NW
Albuquerque, New Mexico

Price: $409,500
MLS#: 737577
Bedrooms: 5
Bathrooms: 3
Garage Spaces: 3
Square Feet: 3,070

Incredible 5 bedroom home located in the popular community of Oxbow, above the Rio Grande. Great location, convenient to St.Pius,and close to the FW. Enjoy breathtaking views of the Sandia Mountains. Light and bright floor plan with raised ceilings, large kitchen with tons of cabinet and counter space. Huge family room with custom fireplace. Guest suite located on the main level. Beautiful French door entry into the master suite with walk-in closet. This Northwest Heights homes has a very nice backyard with high walls for privacy.

Reasons Why Even A Great House Can Remain Unsold

In real estate, it is a feat when a deal goes smoothly, you find a house that suits your needs and budget or you sell your house instantly. There will always be financial problems in a dynamic world like real estate. There could be some natural and unexpected problems too, because so many human factors are involved or maybe because a smooth deal does rely a bit on luck. Then there are the growing prices. With the prices going up, it is acceptable to assume that people are more careful about money now. In real estate especially, people are even more conscious and make every effort to ensure that they are not getting financially exploited. However, if you think that cautious buyers are not the reason for a great house to remain unsold, then you need to go back to the basics.

These are some common reasons that may apply to your house's problem of staying unsold -

* The location of the house could be the problem. It might be too far from basic amenities, facilities, parks, schools, transport, leisure activities, etc. Maybe the area is not a hygienic or a secure place to live in. These issues have to be resolved by the seller, either by lowering his asking price or by fulfilling all the basic needs of the buyer somehow.

* The economy is not always our friend. You have to adjust according to its whims and fancies. If you think that in the current scenario, nobody's house in the area has been quoted for such a high value in the market, then maybe it is to time to get real. If you let your house stay unsold for long, then it may remain so or you may have to incur huge losses. So, lower your expectations and the asking price now.

* This is also an indication that you should do your research. A lack of proper research can easily lead to an uninformed seller and that is never a good thing for business. Being knowledgeable about the market and the property can lend your actions and words more conviction. These actions can include knowing what to do with the house to make it sale-able.

* The house may be old and needing a change or a complete remake. You need to repair, paint, and upgrade to first make the house suitable to the standards of the other houses that up for sale. Then you can think of adding more life to it or some novelty to it, to make it stand apart from the others and get noticed.

* You may not have hired professional help and expect to know everything about properties, legal aspects, market trends, negotiations, buyer mentality, etc. However, you cannot expect yourself to do an expert's job.

A seller who has done his research and gained knowledge about real estate is unlikely to get into these problems. You need to rectify these common problems and ensure that your house become sale-able fast.

Article Source: http://EzineArticles.com/7432285

12116 San Antonio Dr NE (Albuquerque, New Mexico)

Overlooking Tanoan Golf Course, with magnificent city and mountain views, lies this beautiful Tuscan style 4 bedroom custom home in the newest gated gold course community. This home is Gold LEED certified, with a gorgeous view deck and large water features. Come see why this home was a Parade of homes winner!




3000 Square Feet
3/4 Bedrooms
3 Baths
3 Car Garage
Offered at $850,000

Diving Into The World Of Custom Homes

Building a home can be a daunting task for any prospective homeowner. However, constructing custom homes can be an enjoyable task, as you get to call the shots and design a house that will meet your wants and needs. When working with a professional architect, take your time and think about the how each potential space will be used. By taking the time to prepare, you'll be able to make the building process go more smoothly and ultimately less stressfully for yourself and the people you've hired to work with you.

The biggest factor to consider when dealing with custom homes is how to fit the space to your needs. How many rooms are there going to be? What will their sizes be? If you have a family, do you think it will grow in the future? Trying to picture it all in your head can be difficult, as we tend to not think in numbers. Use your current home as a guideline. If you like the size of a current room, take the measurements and record them. If you think a room could be bigger, consider how much of an increase in dimensions will fit your needs. Always have a game plan for how each potential room will be used.

In each room, you'll also need to think about how much space potential items will end up taking. How much furniture do you plan on having in the house? In which rooms will they be placed? How large will the entryways have to be? How wide do you need the hallways to be in order to fit you and your family's needs? The kitchen's design, for example, will have to be constantly analyzed, as you'll likely be dealing with the placement of appliances. Make sure you construct a sensible layout that allows for movement from one room to another. While an architect can help you come up with a good plan, don't be afraid to raise your opinion and share ideas, considering that it will be your home.

While you want to focus on how the interior will be constructed, don't forget to consider your outdoors environment as well, especially if you will have a large yard. Will you want to construct a deck or a large porch? Will you want to place a shed on the property, and if so, how big? You may just want to settle on focusing on a specific area in the yard that will be for outdoor activities. Either way, find a way to incorporate your yard into your design.

Remember, when it comes to building custom homes, the outcome will always be in the hands of the owner. Building a house from the ground up is a difficult task, but with the right amount of planning, you can make a dream come to fruition. Be sure to do the proper amount of preparation and consult with experts. Also, don't be afraid to incorporate your own ideas and opinions when appropriate. Soon, your vision of a perfect home will come true.

Article Source: http://EzineArticles.com/7408629

104 Camino Manzano (Placitas, New Mexico)

Amazing custom home in Placitas. Light & bright open floor plan, offering 3-4 bedrooms. Master Bedroom complete with shower, jetted tub, walk-in closet, dressing area, & double sink which is separate from the rest of the bedrooms. The Gourmet Kitchen with granite counter tops, maple cabinets, & beautiful tile flooring make this a chef's dream! Enjoy views of the Mountains & the Mesa from the large courtyard in the backyard which is perfect for entertaining. Owner financing avaliable.
 
 

Price: $550,000 
Beds: 3
Baths: 3.0
Sq Ft: 3450
Acres: 0.92


Extras

Bar In Kitchen, MB Dbl Sink, Beam Ceiling, Breakfast Nook, MB Jetted Tub, MB Shower/Tub, Ceiling Fan(s), Pantry, Dining Room Front, Dressing Area, Skylights(s), Walk-In Closet(s), Back Yard Access, Patio Covered, Courtyard, Wall Privacy, Walled Backyard

Placitas Demographics

As of the census of 2000, there were 3,452 people, 1,485 households, and 1,101 families residing in the CDP. The population density was 115.4 people per square mile (44.5/km²). There were 1,606 housing units at an average density of 53.7 per square mile (20.7/km²). The racial makeup of the CDP was 83.52% White, 0.70% African American, 1.30% Native American, 0.52% Asian, 0.03% Pacific Islander, 10.46% from other races, and 3.48% from two or more races. Hispanic or Latino of any race were 20.22% of the population.

There were 1,485 households out of which 23.5% had children under the age of 18 living with them, 67.0% were married couples living together, 5.2% had a female householder with no husband present, and 25.8% were non-families. 20.1% of all households were made up of individuals and 4.8% had someone living alone who was 65 years of age or older. The average household size was 2.32 and the average family size was 2.66.

In the CDP the population was spread out with 18.8% under the age of 18, 3.0% from 18 to 24, 25.1% from 25 to 44, 42.5% from 45 to 64, and 10.5% who were 65 years of age or older. The median age was 46 years. For every 100 females there were 92.8 males. For every 100 females age 18 and over, there were 93.8 males.

The median income for a household in the CDP was $60,597, and the median income for a family was $71,696. Males had a median income of $46,667 versus $41,914 for females. The per capita income for the CDP was $36,243. About 2.6% of families and 7.0% of the population were below the poverty line, including 12.7% of those under age 18 and 3.8% of those age 65 or over.

Buying Versus Renting: Pros and Cons

It would be nice if you need not write a rent check each month. Nothing can make you feel safer than owning a house, provided that buying a home will not result in financial problems of its own. Every year, a new wave of first time home buyers hits the trail in search of their humble abode. There are pros and cons to home buying. Certainly, there is the matter of timing and related financing programs.

Let us discuss the key monetary costs associated with home buying to stack up against your monthly rent check. Here are points to consider when deciding on buying versus renting.

• Owning a home means gaining equity. If the owner keeps the house long enough for it to rise above the initial cost of its purchase, then that is profit. This is one of the most essential and superb matters associated with home ownership.


• When you buy a home it brings sense of accomplishment and pride. It is also a chance to express your style and personal taste. You can enjoy freedom with home ownership.


• Buying a home also lets you have insight as a part of a permanent community. On the other hand, in a rented apartment or home, one might feel temporary and less involved.

 Now, let us discuss financial considerations on buying versus renting.

• When buying a home, with your every monthly payment, you are putting money into savings. On the contrary, when you rent a home you have to give money to the landlord it is an expense. Every time you pay a mortgage, a percentage goes toward your equity. Indeed, this is similar to having money in your bank account, which you can draw upon later when needed. Every year, rental rates increase and the principle on your mortgage is decreasing with every payment. Further, the housing market continues to grow and hence the valuations of homes.


• Owning a home also comes with some interesting tax benefits. Each interest payment made is accounted in your tax deduction later. The same is not true with your rental payment.

With all the above points, buying a home certainly sounds great! However, it is not for everyone. Every coin has 2 sides and we have to think about every aspect before getting into home ownership. Of course, we don't want it to be our nightmare. When it comes to buying a home, it is a complicated, time-consuming and of course, costly endeavor. Let us think about the responsibilities involved in buying vs. renting.

• Buying a home requires an investment of time. As a tenant, you can enjoy more freedom to move about the country. As a home owner, you have to think about and manage the leaking pipes, pruning hedges, mowing lawns, and lots more to keep all things running smoothly.


• When it comes to buying a home, many small home improvements can keep adding up as expenses. Sometimes, you might need to pay for utilities that would be covered in a rental agreement.

• When you rent a home and find that you are not happy with the locality or your new neighborhood, then you can find a place somewhere else. You can take a decision to shift somewhere else instantly depending upon your rental agreement. Imagine a similar case with home buying. You cannot sell out your home instantly. You have to wait till you get a good deal for your home, along with the expenses invested in it.

Weighing the advantages and disadvantages of buying and renting a home can be challenging. Definitely, the above considerations may vary from person to person. You have to think about your financial condition and think about the effects of the decision you make in the future. Do not forget to take responsibilities into account while counting benefits of any aspect. This will definitely help you make a smart decision that will give you the best return on your investment

Article Source: http://EzineArticles.com/7282198

How To Value Your Home

If you are thinking about selling your home, or property, the first question you have is probably "what is it worth?" There are different ways of figuring this out, whether by yourself, or with the help of others. There are also different things you can do to improve the value of your house, if you are looking to do so.

The factors one has to take into account when valuing a house are the following:

1) The market. If the property market is at an all time low this will affect the value of your house. It's often harder to sell your house in this market as well, because there are likely to be more sellers than there are buyers and people don't have a lot of money to spend as times are tough (which is some of the reasons the market is down in the first place).

2) The state of your house. If you house is newly done up on the outside, redecorated on the inside and filled with modern appliances that are top notch, it will be worth a lot more than if you are having electricity problems, your roof has a leak and the paint is coming off in places.

3) The neighborhood. If you live in an affluent area with plenty of good schools, great public transportation, beautiful surroundings and plenty of great facilities the value of your house will go up, because people value the area it is in.

4) How old the house is. If you live in an old house, even if things are in perfect order, chances are that there will be more problems with the house in the future, than with a newly built house (given the house is well built). Therefore, an older house is on average worth less.

5) Perceived value. This may, or may not affect the actual value, but if someone walks into a house that is well looked after, not just spotless and clean, but warm and welcoming, they are likely to perceive the value of the house to be more than an unfriendly house.

 

 
If you want to value your house you can either hire a professional to do so (which will be pricey, but give you an accurate and independent valuation), or use various different tools to figure it out yourself.

Online you can go to the government's site to browse various advice they give you and you can also use sites that allow you to see how much other houses in your area have sold for recently. Then you can compare houses similar to your own in size and condition.

There are also sites which break down the current market and offer insight into regional trends. The only thing to beware of is that the data listed can be months old and therefore somewhat incorrect.

Please also take advantage of our house valuation guides. We are a company buying houses for cash, so as part of our services we offer a free valuation of your house, so that we can give you an offer.  When you sell for cash it is always for 80-95% of the actual value, but you get to sell your house within a week and have all your legal work taken care of for free, plus there are no estate agent fees and as we offer to buy any house in the UK, so you do not need to renovate it, or live in a posh area to get it sold.

Article Source: http://EzineArticles.com/7396824

13 Sandia Heights Dr NE (Albuquerque, NM)

Stunning custom home in Sandia Heights, at the base of the Sandia Mountains. This 4460 Square Foot home offers terrific views from every window. Huge master suite on the main level with sitting area, and two walk-in closets. Large family room that opens up to sunset views. Huge kitchen complete with large island & seating, double oven, separate breakfast nook, and a built in wine rack. Huge view decks and balconies. Private backyard with access and RV pad.

Features

Beds: 4 Baths: 3.0
Sq Ft: 4460
Acres: 0.78

Extras

2+ Living Areas, Intercom, Alarm System, Kitchen Island, Bar In Kitchen, MB Dbl Sink, Breakfast Nook, MB Jetted Tub, Pantry, Raised Ceiling, Separate Shower, Dressing Area, Skylights(s), Smoke Alarm(s), Walk-In Closet(s), Back Yard Access, Patio Covered, Balcony, Patio Op

Details

Construction: Frame

County: Bernalillo
Floor: Carpet, Terrazzo/Ceramic, Wood
Garage Type: 3

Roof: Positive Pitch, Tar Gravel
Style: Custom

Priced at $750,000

Tips On Buying A Profitable Investment Property

Although you have to consider essentially the same factors, buying a home for investment purposes is still different from purchasing a home for settlement; you have to pay closer attention to present factors that can influence future prices and you also need to consider other expenses that can offset or reduce your earnings later on. Experts in the real estate market offer the following tips to help prospective investors find a truly profitable piece of property:

Do your research.If you are a first-time investor, it would pay to study the market as well as the risks and benefits of investing in properties. Be sure to brush up on the basics, such as the various factors that affect property prices and how these cause prices to rise or drop. Also pay attention to trends and news on the market and understand how these can influence the market. It's really important to become familiar with the ins and outs of the real estate business before buying investment properties as thorough preparation is one really good way to ensure success in the business.

Choose properties in a promising area.If you have done your research right, you will eventually come across "promising" areas where you can buy properties that will yield great profits. Promising does not necessarily translate to upscale properties that fetch high sale or rental prices, or cheap investments that allow you to return your investment quickly. A promising location is one that offers special features that are truly attractive to tenants. These features include schools for families, entertainment hubs for young professionals, or low-cost housing for college students. These promising features may differ with each type of tenant, and as such, you will have to...


Consider the type of tenants in the area. It may be tempting to choose a piece of properties based on what you would want yourself, but it's best to think of what your target tenants would like instead. When choosing properties, ask yourself what features your tenants would like or need. For instance, if you are catering to the college crowd, easy access to amenities, such as Laundromats, grocery stores or coffee shops may be important. If you plan on having families or young professionals as tenants, the property features you need to prioritise will change accordingly.

Take into account future expenses. As an investor, you need to carefully consider the expenses that will later on influence how much you earn from your investment. These include expenses for home repairs or renovations to make the house attractive to tenants and the taxes you will have to pay for on a regular basis. Make sure to include all these into your cost calculations to ensure that you will be able to afford purchasing the property and eventually earn back your initial investment.

There are several factors to contemplate about when deciding for a property that you will eventually turn into an investment. Some of these aspects might be the same as an estate deemed to be a residential house, but some are not.

Article Source: http://EzineArticles.com/7377114

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