Adobe / Pueblo / Southwestern home in Albuquerque, NM
This Adobe home in Albuquerque, NM offers 3 bedrooms and 2 bathrooms across 1,501 square feet. Its Adobe character defines the property's look.
| Price | $492,487 |
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| Beds | 3 |
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| Baths | 2 |
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| Sqft | 1501 |
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| Architectural style | Adobe / Pueblo / Southwestern (91% match) |
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| Address | 403 Spanish Walk Place NW, Albuquerque, NM 87107 |
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Why buy this home
- Confirmed Adobe / Pueblo / Southwestern architecture, matched from the listing photos by Enzo's vision model.
- Links directly to the original source listing on Estately.
Is this a good buy?
Priced above comparable homes.
- At $492K, this home is 30% above the $380K median for 2065 similar Adobe / Pueblo / Southwestern homes in Albuquerque, NM.
- That works out to $328 per square foot, 44% above the $228 comparable rate.
- On the market 58 days, longer than usual here, so the seller may be open to offers.
| This home | $492,487 |
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| Adobe / Pueblo / Southwestern median in Albuquerque, NM | $380,000 (2065 homes) |
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| Price per sq ft | $328 vs. $228 comps median |
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Enzo's reads public listing data and links to the original source. Confirm condition, HOA, taxes and fees there. This is a signal, not advice.
What it costs to own
Estimated at $3,209/month with 20% down at a 7.28% 30-year fixed rate. You would need about $137,517 in gross annual income to keep housing within a 28% ratio.
| Mortgage (P&I) | $2,696/mo |
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| Property tax (new-buyer reassessed rate) | $328/mo |
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| Homeowners insurance | $185/mo |
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| Total monthly | $3,209/mo |
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| Down payment (20%) | $98,497 |
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| Income needed | $137,517/yr |
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A signal to compare homes, not financial advice or a loan offer.
Financial outlook (modeled)
Enzo's grades this home C (58 out of 100) over a 5-year hold, from a Monte-Carlo of local home-price dynamics and the interest-rate path versus renting.
| Grade | C (58/100) |
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| Beats renting in | 10% of modeled paths |
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| Modeled 5-yr equity (median) | $218,440 |
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| Range (10th to 90th pct) | $122,926 to $329,272 |
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A probabilistic model built on public data (Zillow ZHVI, FRED rates), not a guarantee or financial advice. Local price dynamics are pooled toward Albuquerque, NM where local data is thin.
Local home values
Typical home values in Albuquerque, NM have risen about 29% over the past 5 years (+2% in the last year), per the Zillow Home Value Index. This reflects the metro market, not this specific home.
View this home on Estately