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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Thursday, December 17, 2009

Rio Rancho... Hot off the press... Here's a photo of the current status of Paseo del Vulcan near the area of Chayote Road.

Darlene & I drove the dirt path of Progress Blvd today and could see the future Paseo del Vulcan road under construction. There are numerous culverts and bridges going in and lots of new dirt all the way to Enchanted Hills. As of today, there road contractor is ahead of schedule and they are expecting to finish PDV in about 430 more days... Wow, talk about A City of Vision!

We are thinking that we'll see new homes and more development along this path in the next few years. Let us know if we can help you find land or a home.

Visit our supersite for more information on Rio Rancho real estate and to search for homes or land in Albuquerque and Rio Rancho.