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Aztec has New Mexico’s most affordable four-bedroom, two-bath homes. In real estate lingo, “most affordable” means “cheapest.”
Four-bedroom, two-bath homes cost an average of $178,850 in Aztec. Nationally there are 527 real estate markets with cheaper, er, more affordable homes.
The nation’s lowest priced four-bedroom, two-bath homes are in Niagara Falls, N.Y., where the price is $60,820. All these homes are single-family detached homes, as opposed to condominiums or townhouses. As shorthand, I’ll call them FB/2B homes.
Corrales, the pure of soul suburb surrounded by Rio Rancho and Albuquerque, claims New Mexico’s most expensive FB/2B homes with an average of $649,861. Though only 101 markets nationally offer more expensive homes than Corrales, central New Mexico’s bucolic ‘burb isn’t close to competing for national top-dollar honors. Newport Beach, Calif., claims the title with FB/2B homes averaging $2.54 million.
All this good stuff comes from the national arm of Coldwell Banker Real Estate LLC. Coldwell calls it the Home Listing Report. See http://hlr.coldwellbanker.com/PressRelease.html.
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