1/11/12
by Will Beecher
An Interesting statistic about Sandia Park is the average home price. The 87047 (Sandia Park) Zip Code is the highest valued zip code in all of the East Mountains. Home prices average nearly $500,000. This is important to recognize when looking for property in the mountains just 20 minutes outside of Albuquerque. "Location, Location, Location" is an old saying to never forget when shopping for real estate in the Mountains. Protecting your investment is important by selecting the established valuable areas to maintain a sound long term investment.
The last home I sold in Sandia Park sold quite a bit below the $500,000 median average and I believe that is why it appraised for 10% higher than the purchase price.
Feel free to consult me about which areas in the East Mountains to buy and protect your long term stake. With 14 years experience in this specific market, I am a true expert of Sandia Park and the surrounding areas.