Adobe / Pueblo / Southwestern home in Santa Fe, NM
This Adobe property is located in Santa Fe, NM. The Adobe styling carries through the home's design.
| Price | $199,500 |
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| Architectural style | Adobe / Pueblo / Southwestern (98% match) |
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| Address | 11 Lookout Ln, Santa Fe, NM 87506 |
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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 Trulia.
Is this a good buy?
Priced below comparable homes.
- At $200K, this home is 71% below the $685K median for 1140 similar Adobe / Pueblo / Southwestern homes in Santa Fe, NM.
- New to market (4 days), so expect competition.
It is well below comparable homes, which can mean condition issues, a smaller lot or living area, a leasehold, or a data quirk. Check the source listing before getting excited. No square footage is listed, so the per-square-foot comparison is not available. 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 $1,300/month with 20% down at a 7.28% 30-year fixed rate. You would need about $55,706 in gross annual income to keep housing within a 28% ratio.
| Mortgage (P&I) | $1,092/mo |
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| Property tax (new-buyer reassessed rate) | $133/mo |
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| Homeowners insurance | $75/mo |
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| Total monthly | $1,300/mo |
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| Down payment (20%) | $39,900 |
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| Income needed | $55,706/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 (60 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 (60/100) |
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| Beats renting in | 12% of modeled paths |
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| Modeled 5-yr equity (median) | $89,646 |
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| Range (10th to 90th pct) | $51,812 to $136,431 |
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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 Santa Fe, NM where local data is thin.
Local home values
Typical home values in Santa Fe, NM have risen about 16% over the past 5 years (+1% in the last year), per the Zillow Home Value Index. This reflects the metro market, not this specific home.
View this home on Trulia