Richland Hills (Albuquerque, NM)
By Rich Cederberg, eXp Realty Agent Albuquerque
(eXp Realty)
Comments 0
I just listed great new Albuquerque home for sale that has one thing going for it that every listing should - great location! Richland Hills is a popular neighborhood in NW Albuquerque just over the river with homes built by one of Albuquerque's better home builders of the 1990's: Sivage Thomas.The only problem with those old Sivage Thomas homes is that they were using flooring and countertop colors that were outdated back in the mid to late 90's. Imagine how they look today! Unless, of course, they have been updated! Luckily for the next homeowner, 4405 Mountvale Ave NW has been totally updated.See more 87114 Homes for Sale. See more listing photos of 4405 Mountvale Ave NW.4405 Mountvale Ave in NW AlbuquerqueThis is one of the most update homes for sale you're going to see in Richland ...
By Rich Cederberg, eXp Realty Agent Albuquerque
(eXp Realty)
Comments 0
Richland Hills NW Albuquerque Neighborhood Richland Hills is a popular neighborhood of mostly brick homes in NW Albuquerque. The brick homes plus the neatly manicured yards and grassy lawns give the neighborhood a nice crisp and clean look that sticks out in the desert.    Richland Hills is a smaller neighborhood, but it does have its own nice size park. Many residents also use the playground at Petroglyph Elementary. Petroglyph national park is also very close by where many residents go to walk and view the rock art. In addition to Petroglyph Elementary School, children in the area attend James Monroe Middle School and Cibola High School (View the APS school boundary map).  Nearly all the homes in Richland Hills were built by Sivage Thomas, a popular and well regarded builder in NW Alb...
By Rich Cederberg, eXp Realty Agent Albuquerque
(eXp Realty)
Comments 1
Richland Hills is a popular neighborhood located in Northwest Albuquerque at the intersection of Paseo del Norte and Golf Course Blvds. The majority of the homes in Richland Hills were built in the 1990's by popular builder Sivage Thomas. The homes feature elegant floorplans with vaulted ceilings and lots of windows to let in natural light. Sivage Thomas was a popular builder in Albuquerque until 2003, when they were bought by Pulte Homes.   Here are the Richland Hills home sales stats for 2010:   Homes Listed 8 Homes Sold 5 Cancelled/Expired 3     Ave Sq Feet Price Per Square Feet Ave Days on Market Ave Sales Price Sold Homes 2,078 $115 44 $240,200 Cancelled/Expired 2,439 $122 130 $294,967   It's pretty clear that the Richland Hills homes that did not sell were overpriced. If you need ...
By Rich Cederberg, eXp Realty Agent Albuquerque
(eXp Realty)
Comments 0
Here is a summary of  Richland Hills, NM Real Estate over the last 10 years. Richland Hills Subdivision is located in Northwest Albuquerque. Here is a graph that respresents the number of homes sold in Richland Hills from 1999 to 2009.As you can see, the number of homes sold peaked in 2002. Home sales have been in decline since 2005 and are at a level that matches the number of sales in 2000.I have tracked average days on the market (DOM) using total cumulative days from the initial listing to when the house is put into pending status. In 2005 homes were flying off the market, the average DOM was a mere 15 days. This year the DOM is 131.The average sales price has declined 13% since it's peak on 2006. Average sales price has declined 2% over the last year.SummaryAlthough the number of s...
By Rich Cederberg, eXp Realty Agent Albuquerque
(eXp Realty)
Comments 4
There has not been much activity since my last report. There were two houses for sale in the neighborhood, one has just changed to "pending" status and another has expired.   Updated October 29, 2009 Active Listings There are currently no active listings. Pending Sales 8720 Silvercrest NW   Original List Price: $359,900  Reduced to: $319,900 Square Footage: 3012 Original Price per Square Foot: $119 Final Price per square foot: $106 Beds: 4     Baths: 3.5     Garage: 3 Days on the Market: 193                        Listing Provided by Coldwell Banker Legacy Expired Listings 4201 Beacon Knoll NW   List Price: $285,000 Price per Square Foot: $130 Reduced Price: $274,900 Price per Square Foot:$126 Square Footage: 2191 Beds: 3  Baths: 2.5 Garage: 3 Days on the Market: 489           I hope yo...
By Rich Cederberg, eXp Realty Agent Albuquerque
(eXp Realty)
Comments 4
Description Northwest Albuquerque's Richland Hills Subdivision is a beautifully manicured neighborhood of almost all brick homes. The homes are larger and many have lush midwestern-like landscaping. Although the neighborhood is approximately 15 years old, but it is aging well with most homes being in very good condition. Builders Richland Hills was developed by Sivage Thomas in the mid to late 1990's. Sivage Thomas enjoys a good reputation and is one of the more popular builders on Albuquerque's Westside. There are a nice variety of floor plans and elevations in the neighborhood. Many buyers say that Sivage Thomas homes have an elegant feel.SchoolsMost of the children of Richland Hills attend Petroglyph Elementary, James Monroe Middle School or Cibola High School. Central New Mexico Com...
By Rich Cederberg, eXp Realty Agent Albuquerque
(eXp Realty)
Comments 1
  Here is my latest Richland Hills Real Estate Report. Richland Hills subdivision was developed by Sivage Thomas in the mid 1990's. The homes are larger, mostly brick, and many have lush midwestern-like landscaping. Although the neighborhood is approximately 15 years old, but it is aging well with most homes being in very good condition with nicely maintained landscaping. Richland Hills is located very near Paseo del Norte for an easy commute to Kirtland AFB, downtown Albuquerque and Intel in Rio Rancho and is located near local businesses, restaurants and shopping. Everyone should consider buying in Richland Hills, especially if they are relocating to Albuquerque from the midwest. There has not been much activity since my last report. There have been only two closed sales and there are...
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