About Albuquerque's Rancho Encantado

Rancho Encantado Albuquerque 87120 (Market Report) 2/01/12

Rancho Encantado Subdivision in Albuquerque is a pocket subdivision conveniently located on Albuquerque’s west side. The homes in Rancho Encantado Albuquerque are approximately 7-8 years. There is a small gated section of the community specifically for Rancho Encantado Condominiums. For this Market Report the condos are not inclusive. One of the nearby attractions for Rancho Encantado Albuquerque is the Petroglyph National Monument offering excellent trails and nature excursions.

You can view all available Rancho Encantado homes for sale in Albuquerque NM 87120
Where is the Rancho Encantado Subdivision anyway?
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As of Feb 1, 2011 there is 1 Home for sale in Rancho Encantado

• 5924 Mesa Sombra Pl NW Albuquerque NM 87120
• Listed Price $299,999
• 3,050 Sq.Ft, 3-4 Bedroom. 2 Full Bath, 1 Half Bath
• Days on Market 4

Two homes are currently Pending final sale in Rancho Encantado

• Asking price at time of contract. Low $210,000 to High $242,000
• Average price at time of contract $226,000
• Average size @ 2632 Sq. Ft
• Average days on market 335

A total of 7 homes were recorded as sold from Jan 1, 2011 to Dec 31,2011

• Low $191,000 to a High $290,000
• Average Sold Price for the 7 homes $218,250
• Median Price of the 7 Sold $196,000
• Smallest home 1,726 Sq.ft
• Largest home 2,700 Sq.ft
• Average size of sold homes 2,309 Sq. ft
• Average days on market 137

One of the pending homes in Rancho Encantado is a Short Sale which has skewed the days on market unfavorably. One of the sales was a bank owned property which may of had a slight negative affect pulling the over all values down just a bit. The neighborhood of Rancho Encantado is well kept and a Homeowners Association is in force to maintain the adherence to covenants. The large Rancho Encantado Park is well groomed and common areas clean.

This Rancho Encantado Albuquerque NM 87120 (Market Report) 02/01/12 is for general information only and does NOT replace a comprehensive market analysis. Each home and it amenities can range dramatically. You should always consult with a professional Realtor® or appraiser to determine your specific values. If you are considering the sale or purchase of a Rancho Encantado home I would love the opportunity to earn your business and exceed your expectations. Albuquerque Homes Realty John McCormack, Realtor®

Please watch for future Rancho Encantado market reports and community blogs.

Welcome to Rancho Encantado Subdivision NW Albuquerque NM

Rancho Encantado is a neighborhood developed and built by DR Horton homes in 2004-5. The majority of the neighborhood is detached single family homes ranging in size from 1500 sq.ft to just over 3000’ Prices typically range from the $150’s to the high $290’s. There is a separate gated community Rancho Encantado Condominiums for those looking for the conveniences and security of a gated complex.

Rancho Encantado is very conveniently located in NW Albuquerque near the private St. Pius High School and within two minutes of the business district at the Coors and I-40 interchange. You wont travel far to find major grocery stores, Walmart, Walgreens, Home Depot, Staples etc. and restaurants like Chili’s, Applebees etc. Dental and medical facilities are here as well.
The proximity to I-40 being a major river crossing and feed to the downtown, old town and East portion of the city makes this short commute a very attractive reason to consider the Rancho Encantado Neighborhood.

The Rancho Encantado subdivision offers a very large and private “Rancho Encantado Park” you will find play equipment and plenty of grass for all activities. The Petroglyph National Monument is less than one mile away. The monument provides a great trail system to explore the ancient petroglyphs, climb up and around the huge lava boulders and enjoy the wildlife.

Rancho Encantado is part of the Albuquerque Public School (APS) system. Student would be attending West Mesa High, John Adams Middle and Chaparral Elementary. St. Pius is a private high school just across Coors Blvd to the east.

Rancho Encantado is a covenant protected neighborhood.

Rancho Encantado HOA Homeowners Association.

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If you’re considering the sale or purchase of a Rancho Encantado area home it would be my pleasure to assist you. I have extensive knowledge of the community, the builder and the floor plans. I will work hard to earn your business and exceed your expectation. Call, text or email with any questions or to set up a consultation. John McCormack 505.980.4576 John@AlbuquerqueHomes.com