Condo / High-rise home in Albuquerque, NM
A Condo multifamily home in Albuquerque, NM, it offers 8 bedrooms and 4 bathrooms across 2,540 square feet. The Condo styling carries through the home's design.
| Price | $459,000 |
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| Beds | 8 |
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| Baths | 4 |
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| Sqft | 2540 |
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| Architectural style | Condo / High-rise (55% match) |
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| Address | 229 Hanosh Ct SE #4, Albuquerque, NM 87123 |
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Why buy this home
- Confirmed Condo / High-rise architecture, matched from the listing photos by Enzo's vision model.
- Links directly to the original source listing on Trulia.
Is this a good buy?
Priced above comparable homes.
- At $459K, this home is 104% above the $225K median for 47 similar Condo / High-rise homes in Albuquerque, NM.
- That works out to $181 per square foot, 8% below the $197 comparable rate.
- On the market 8 days.
| This home | $459,000 |
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| Condo / High-rise median in Albuquerque, NM | $225,000 (47 homes) |
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| Price per sq ft | $181 vs. $197 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 $2,991/month with 20% down at a 7.28% 30-year fixed rate. You would need about $128,167 in gross annual income to keep housing within a 28% ratio.
| Mortgage (P&I) | $2,512/mo |
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| Property tax (new-buyer reassessed rate) | $306/mo |
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| Homeowners insurance | $172/mo |
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| Total monthly | $2,991/mo |
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| Down payment (20%) | $91,800 |
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| Income needed | $128,167/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 (57 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 (57/100) |
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| Beats renting in | 9% of modeled paths |
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| Modeled 5-yr equity (median) | $196,971 |
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| Range (10th to 90th pct) | $110,217 to $300,200 |
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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 Trulia