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Blessed with more than 300 days of sunshine per year, Albuquerque, NM is the self-proclaimed "outdoor enthusiast's paradise." From the 700-year-old Petroglyph National Monument to the Coronado Historic Site (home to the Kuanua Pueblo ruins), outdoor activities here are unique from anywhere else. The city is also home to a thriving filming industry, with Netflix and NBCUniversal with studios in the city. Additionally, numerous cultural attractions are available such as the Maxwell Museum of Anthropology, the Indian Pueblo Cultural Center and the New Mexico Museum of Natural History. It's no wonder why so many are looking to call this place home.
The good news is that there are plenty of new homes for sale in Albuquerque by LGI Homes. Every home offers designer upgrades and unmatched value; move-in-ready homes are available in several amenity-rich communities. In the Albuquerque real estate market, LGI's new construction homes stand out for their superior quality, gorgeous curb appeal, chef-ready kitchens and affordability. Almost a dozen floor plans make finding an Albuquerque new home easy for any buyer. All that's left for you to do is experience the vibrant culture, stunning natural beauty and thriving community from the comfort of your new Albuquerque residence.
Continue reading for answers to frequently asked questions about our homes, community and the area.
Albuquerque is located in Bernalillo County, New Mexico's most populous county.
The name came from the Spanish Duke of Alburquerque, Don Francisco Fernández de la Cueva. In the early 18th century, Spanish settlers established a colonial outpost in the region, naming it in honor of the Duke. Over time, the first "r" in "Alburquerque" was dropped, leading to the modern spelling of "Albuquerque." Many believe the name "Alburquerque" has roots in the Latin phrase "albus quercus," which means "white oak."
Albuquerque, New Mexico, is approximately 5,312 feet (1,619 meters) above sea level, making it one of the nation's highest-elevated cities. For context, Denver, the mile-high city, is only 5,280 feet above sea level
LGI Homes offers brand-new homes for sale in the Albuquerque area. Each residence features a suite of designer upgrades and integrated technology at no extra cost for the homebuyer. Every LGI home exceeds industry building standards and has a structural warranty.
Albuquerque's climate is unique due to its elevation, geographical location and position within the Rio Grande Valley. The city enjoys around 300 days a year of sunshine, and while summers are warm, the elevation ensures nights are cool. The city also experiences around 10 inches of snow yearly and a short monsoon season from July to September. This varied blend of conditions gives Albuquerque a distinct climate compared to other major cities in the Southwest, like Phoenix, Tucson, Houston, Dallas-Fort Worth, San Antonio, Austin and Oklahoma City.
The Albuquerque real estate market has performed well in recent years and remains competitive. In 2023, the median sale price of a home in Albuquerque was $345,000, a jump of 10.9% on the previous year. Furthermore, homes in Albuquerque receive an average of 4 offers and sell in around 18 days, demonstrating the continued desirability of the city. Remember to research the Albuquerque real estate market when you purchase a home.
In home building, a move-in-ready home is complete or nearly complete and ready for immediate occupancy. Unlike many new construction homes from most home builders, homebuyers don't have to wait for construction to finish. They may have an easier time selling their current house or ending their rental agreement because they get the keys to their move-in-ready home in 30 - 45 days.
The CompleteHome™ package represents a full suite of upgrades included as standard on LGI Homes. These homes often feature top-of-the-range Whirlpool® appliances, designer kitchens, Kwikset® door hardware, programmable thermostats, upgraded cabinetry, Wi-Fi-enabled garage door openers and more. These features come at no additional cost to home buyers. Every LGI home comes with the CompleteHome™ or the CompleteHome Plus™ package, meaning that every LGI home buyer enjoys popular upgrades and smart home technology at no extra cost.
Albuquerque has a historic Old Town, often called the city's heart. Established in 1706, the historic Old Town highlights the city's Spanish colonial past. Narrow, winding streets, adobe buildings and a central plaza characterize it. One of its most notable landmarks is the San Felipe de Neri Church, which dates back to 1793.
The job market in Albuquerque is diverse, with several high-profile employers contributing to the local economy. Leading employers include PNM Resources, Array Technologies, Presbyterian Healthcare Services and the University of New Mexico. The Kirtland Air Force Base is a significant military installation and a leading employer in the area.
Yes, LGI Homes offers 5-bedroom residences in Albuquerque with spacious open-concept floor plans. As of September 2023, prices for these homes start in the low to mid-$300s, offering excellent value for large families. The Zuni five-bedroom house is one-story, an uncommon feature of affordable five-bedroom homes.
Albuquerque boasts many outdoor attractions catering to nature enthusiasts and adventure seekers. The Petroglyph National Monument showcases ancient rock carvings, while the Sandia Peak Tramway provides breathtaking views from above. The Rio Grande Nature Center State Park and Paseo del Bosque Trail are popular outdoor recreation spots. Lastly, skiing is possible during winter in the nearby Sandia Mountains.
There are many affordable, high-quality new construction homes available in Albuquerque. LGI Homes offers spacious 3-bedroom homes with open floor plans and 2-car garages starting in the mid-$200s. These homes have low payments, making it easy for first-time homebuyers to realize the dream of homeownership.
Albuquerque is an attractive option for first-time homebuyers due to its affordability compared to many U.S. cities. Its real estate market has shown steady growth, providing potential for property appreciation. Despite the increase, families can find affordable new and resale residences near large cities for tens of thousands less than nearby states. Additionally, the quality of life, enriched by cultural experiences and outdoor activities, coupled with supportive programs for new buyers, makes Albuquerque a compelling choice for individuals and families looking to purchase their first house.
Albuquerque is famously known for hosting the Albuquerque International Balloon Fiesta, the world's largest hot-air balloon festival. Every year, this event attracts hundreds of balloons and thousands of visitors from around the globe to celebrate the sport of hot-air ballooning.
