About Rio Rancho, New Mexico

Rio Rancho was developed as Rio Rancho Estates by developer AMREP in the 60’s and 70’s. AMREP developed 91,000+ acres of New Mexico Land northwest of Albuquerque and marketed it as a retirement community to people mainly in the eastern US. Rio Rancho Land is platted into approximately 112,000 home sites and commercial lots. During the 60’s and 70’s AMREP sold more than 75,000 lots in “Rio Rancho Estates” to thousands of individuals throughout the country.

Rio Rancho is now the fastest growing city in New Mexico and is dubbed the "City of Vision". Rio Rancho has a population of over 70,000. The City of Rio Rancho planners made a decision a few years ago to build a new "Downtown" and chose a parcel of Real Estate in the middle of Rio Rancho. The new Rio Rancho “City Centre” will be a modern and dynamic downtown and already has a state of the art Arena (Santa Ana Star Center), the Rio Rancho City Hall, and will soon have the CNM (Community College) and UNM Campus, and a full service UNM Hospital.

The Rio Rancho Real Estate market is dynamic and complex as land is plentiful. Rio Rancho lots can start at $3,000 for a ½ acre, but “buildable” lots close to services will range from $30000 to $150000 depending on location and availability of utilities. Rio Rancho Homes are some of the best values in the metro Albuquerque area. Some of the nicest master planned communities in New Mexico, including Cabazon and Loma Colorado, are in Rio Rancho. With the great amenities to community offers; Rio Rancho is a great place to call home!

Rio Rancho Real Estate News

News Postings and Links

Wednesday, October 31, 2007


Hello!

It has been a beautiful Fall in the High Desert of New Mexico. I hope your season has been pleasant. We want to pass along the latest news and events from Rio Rancho. It seems like we’ve been “off road” quite a bit these past weeks checking the signs on our listings, placing signs and checking out parcels for clients. Thank goodness for two well placed Starbucks in “The City of Vision” as it keeps us going.

In order to keep you up to date in what is going on in Rio Rancho the WelcomeHomeABQ.com team has been researching data and posting info to our blog site at:

RioRanchoLand.Blogspot.com Feel free to click on this link to keep informed about Rio Rancho.

We have also built an interactive map showing where all of the Rio Rancho Units are and other points on interest using the Google Maps technology. You can click HERE to view the map.

Another great tool we have available is our Rio Rancho Land Search. It uses the MLS system to organize land by price. Makes it easy to find properties in your price range. See it HERE.

Many new and exciting things are going on in Rio Rancho and much of it is visible. The dirt has been moving for a while now at the new High School site, and we’re expecting to see structures rising up soon. This is the Sue V. Cleveland High School which is in Unit 20 -just East of the new City Centre. Also in Unit 20, there’s a new Elementary School being built on Lincoln Avenue just North of the Vista Entrada neighborhood. The Rec Center with swimming pool is scheduled to be built on the same street but at the intersection of Chayote and Lincoln so about a block or two away. Lots going on in Unit 20.

Right now there are over 5688 vacant land listings in the Albuquerque Metro area with over 3000 of those being in Rio Rancho. There is definitely no lack of inventory for vacant land at this time. There have only been 104 closings in the last 60 days for all of Rio Rancho land. See the link below. https://www.innovia.swmls.com/alb/maildoc/d004xE1958.html

If you have any questions about your Rio Rancho listing, feel free to contact us at any time.


Darlene Jones 505.681.0601
Associate Broker & Transaction Coordinator for
Tracy Venturi 505.263.2526 Eco Broker
Tego Venturi 505.263.0556 Associate Broker
Fax: 505.899.7060
Keller Williams Realty 271-8200
http://www.welcomehomeabq.com/

darlenejonz@comcast.net
tracyventuri@comcast.net
tego@comcast.net

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