Albuquerque has ample amenities to offer its residents, and townhouses for sale are an excellent option. They are great alternatives to more expensive single-family homes and an appealing way to gain entry into more upscale, pricier neighborhoods. Townhouses are also ideal for people who may not want the responsibilities that come along with owning a larger single-family home, such as busy young professionals purchasing their first home and retirees or empty nesters who are downsizing.
Townhouse living allows residents to experience the best of everything Albuquerque has to offer. Townhouses are typically located in established neighborhoods within the city, so a wide range of shopping, dining, and nightlife options are just steps away, as are numerous cultural events and festivals. Parks and green spaces are commonly found in the complexes of townhouses or condos for sale in Albuquerque area, and if the property doesn’t have their own, there’s sure to be one nearby — Albuquerque leads large U.S. cities in green space, with more than 25% of its land dedicated to parks!
In addition to the vibrant city and foodie culture townhouse living in Albuquerque offers, there are also four distinct seasons that allow for taking in breathtaking sunsets, a number of outdoor activities like hiking, camping, or fishing, stargazing, or short day trips to the nearby Sandia Mountains or wineries in Corrales.
With a variety of architectural styles including traditional Southwestern and modern contemporary, there are Albuquerque townhouses for sale to suit every preference and budget. Choose from townhouses in several hot neighborhoods around the city, from chic Nob Hill or charming, historic Old Town to buzzing downtown or the lush, green North Valley.
Browse Condos, Townhouses, and Lofts For Sale in the Albuquerque Area
Condominiums are a popular housing choice for many people and have some distinct advantages over single family homes. A Condominium complex can have amenities like swimming pools, tennis courts, community center, exercise rooms, and on site security. In most cases in New Mexico, Condominiums are less expensive than stand alone homes. Condos are also an excellent option for people that travel a lot and are part time residents. Condo living is not for everyone but if you are looking for the pride of home ownership without some of the repairs, maintenance and additional chores associated with a single family home, a condo may be for you.
The term Condominium refers to a type of legal ownership arrangement (shared ownership) in a property and can be used for many different types of buildings. A condo can be a two unit building, a multi-unit high-rise, or anything in between. An owner of a Condo owns the individual unit, and shares ownership of the common areas with other owners in the complex. Usually with a condo you do not own the land.
In most condominiums in Albuquerque an HOA (Home Owners Association) is set up to manage the property with the direction from a board of directors. The board is comprised of condo owners and sometimes building managers. In most cases a monthly HOA fee is assessed to all owners to cover the costs of the common areas, community amenities, and sometimes utilities or other services depending on the arrangement. The HOA dues are usually re-assessed yearly and may adjust depending on budgetary needs.
Are you looking to buy an Albuquerque townhouse?
Buying a home is a lengthy and sometimes difficult — but exciting — process, whether you’re a first-time homebuyer or purchasing an investment property. The market for Albuquerque townhouses for sale is competitive, so there are many things to do and consider in order to be prepared. It’s important to have a strong grasp of what you’re looking for in townhouses for sale, including commute time, nearby schools, and proximity to shopping and dining options and other amenities.
Knowing what type of neighborhood you’re looking for is essential also, and Albuquerque has many distinct ones with townhouses for sale to suit every lifestyle: North Valley, Nob Hill, Sandia Heights, downtown, historic Old Town, Midtown/University district, and many more.
Whether you are a local resident looking to buy a townhouse for sale or someone preparing to relocate to Albuquerque, our team can help you find the perfect home.
Are you looking to sell an Albuquerque townhouse?
The housing market in Albuquerque is stable, with home values having risen over 5% in the past year and sale prices having increased significantly. Albuquerque is exceptionally walkable, bicycle-friendly, and has a strong public transportation system. The low cost of living, relatively low tax rates, and revitalization of the downtown district are attracting more and more people to the area, making it an excellent time to sell a townhouse in Albuquerque.
If you’ve been considering putting your Albuquerque townhouse for sale, our team of knowledgeable, experienced Realtors can help. There is much to be considered when selling a home, such as whether or not to stage it, how to market it, making any improvements before listing, and how to price it. We know the Albuquerque housing market extremely well and we will work hard to sell your home for top dollar and in the shortest amount of time possible.
Why Venturi Realty Group?
The Venturi Realty Group is a dedicated, knowledgeable team of Albuquerque-area Realtors. We combine old-school values with top-notch tools to provide unparalleled representation for buyers and sellers. Our agency has won numerous awards, including the Albuquerque Journal Readers Choice Award in 2017-2018 and 2018-2019. We specialize in marketing, serving as Buyers’ Agents, representing sellers, and working with luxury homes and vacant land. No matter what neighborhood or type of home you’re looking for in the Albuquerque area, our agents can help.