Ranch home in Albuquerque, NM
This Ranch home in Albuquerque, NM offers 3 bedrooms and 2 bathrooms across 2,047 square feet. The listing highlights an open floor plan.
| Price | $500,000 |
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| Beds | 3 |
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| Baths | 2 |
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| Sqft | 2047 |
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| Architectural style | Ranch (58% match) |
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| Address | 8345 Vonnegut Lane NW, Albuquerque, NM 87120 |
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Why buy this home
- Confirmed Ranch architecture, matched from the listing photos by Enzo's vision model.
- Features: open floor plan.
- Links directly to the original source listing on Estately.
Is this a good buy?
Priced above comparable homes.
- At $500K, this home is 40% above the $358K median for 406 similar Ranch homes in Albuquerque, NM.
- That works out to $244 per square foot, 10% above the $222 comparable rate.
- On the market 15 days.
| This home | $500,000 |
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| Ranch median in Albuquerque, NM | $358,000 (406 homes) |
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| Price per sq ft | $244 vs. $222 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 $3,258/month with 20% down at a 7.28% 30-year fixed rate. You would need about $139,615 in gross annual income to keep housing within a 28% ratio.
| Mortgage (P&I) | $2,737/mo |
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| Property tax (new-buyer reassessed rate) | $333/mo |
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| Homeowners insurance | $188/mo |
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| Total monthly | $3,258/mo |
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| Down payment (20%) | $100,000 |
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| Income needed | $139,615/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+ (61 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+ (61/100) |
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| Beats renting in | 13% of modeled paths |
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| Modeled 5-yr equity (median) | $227,946 |
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| Range (10th to 90th pct) | $133,452 to $338,944 |
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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