Rio Rancho Land | Rio Rancho Real Estate News

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!

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Monday, November 10, 2008

Five Years Of Rio Rancho News

Rosalie Rayburn from the Rio Rancho Journal put together a summary of Rio Rancho news for the past five years (since the RR Journal started being published). Yes, we have seen our ups and downs but the prospects for the city are great. We are excited about future. No, I don’t have rose colored glasses on… Even with the decline in Rio Rancho home sales (just like everywhere) things look bright. RR is a great place to live with a low cost of living. More Businesses, Schools, and Hospitals will be coming into Rio Rancho over the next five years and will provide the catalyst to move the city forward.

Here is the article… ABQJOURNAL RIO RANCHO: New Downtown, Population Growth Among Top Stories: "It's been a roller coaster ride for the city in the five years since the Rio Rancho Journal first hit the stands."

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