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Current Selection: All Prices All Types All Locations New Selection Sorted By: Default New Sort
<Back to Page 1 Previous Next Property 4 of 5 Selections
    453 Arkansas, Rio Rancho, NM $99,000 


Address:   453 Arkansas    City/ST:   Rio Rancho, NM   Zip Code:   87124  
Property Type:   Single Family Home   New or Resale:   Resale    Square Footage:   1100  
Bedrooms:   3   Bathrooms:   1   MLS#   647734  

Nice home with new kitchen cabinets and countertops. This home has a wonderful floor plan: the main living area is off of the kitchen and has great sunlight. There is a huge backyard with access and also a covered porch for great outdoor living. Truly a nice home. This home may be subject to short sale approval.

Last Updated: 2/1/2010 12:04:47 PM

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Real Estate Tips
Investment Real Estate >Location And Value

One of the most important factors that affect the value of property is obviously location. Wise investment philosophy suggests that you invest in a sound property in a more modest area that will increase in value in the future. Buying into an area that is being gentrified, or that is otherwise coming back, is one way to do this.
Timing is everything, however! Most investors don't want to risk too much by being a pioneer, but want to get involved early enough so that there is still considerable room for appreciation in value. Being a pioneer is fine if you are a risk-taker with a lot of patience and cash is not the primary issue. Otherwise, it is safer to buy into an area after the restoration trend is unmistakably established.

Neighborhoods that are ripe for restoration have some common characteristics. They are next to a prestigious area or in a good walk-to-work location and have houses that are basically in good condition or "fixer-uppers" with realistic price tags.

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Real Estate Trivia
Q 
What is the largest home in Hollywood?

A 
The largest home in Hollywood is currently "The Manor" at 36,500 square feet, built by T.V. producer Aaron Spelling for $37 million.
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Christopher Anderson, REALTOR®, real estate agent and broker for Albuquerque, Rio Rancho and East Side Mountains, New Mexico home listings, property and land for sale - NUMBER1EXPERT

The Christopher Anderson Team
Metroplex Realty

122 Tulane Dr SE
Albuquerque, NM 87106
505-220-6782
Fax: 505-266-4617
christopheranderson@number1expert.com


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