I’m playing loose with the definition of the NE Heights, as most folks do, and not including Albuquerque Acres, as some folks do. Dotted with shopping and professional centers, public and private schools, parks and libraries it’s a vital and vibrant part of Albuquerque. Del Norte, Eldorado, La Cueva and Sandia High Schools serve the area as does the Albuquerque Academy. There’s the city run Arroyo del Oso golf course and the tonier Tanoan Country Club as well.
Serious development in the area kicked in after WWII and with the exception of the occasional vacant lot or tear-down, the NE Heights is essentially built out, with very little developable area left. You can spend $160k on a 1,700 square foot, 3 bed 2 bath rancher in the Princess Jeanne Park subdivision (named for developer Dale Bellamah’s wife) and walk to the Owl Cafe on Eubank Blvd, or you can drop $700k on an updated, 3,500 square foot Mediterranean revival in the gated Tanoan Community and stroll to the country club.
Home prices rise as you move north and east through the NE Heights, reflecting the size, age and quality of the homes that were built, as well as the proximity to the Sandia foothills and preferred school districts.
If you want more detailed information or updated market information on a specific neighborhood or an analysis of the potential value of a specific home, drop me a line.
– Joe LaMastra, Realty One of New Mexico, August 11, 2016