With a strong culture of independently owned businesses that include plenty of bars and restaurants, a good smattering of art galleries, tchotchke shops, and a number of music venues, there is plenty to do in UNM Midtown. If art house is your thing, hit the Guild Cinema. If you know the difference between Art Pepper and Frank Morgan then seek out the impeccably curated jazz of the Outpost! Chow hound? Elaine’s on the high end and the Frontier on the low end bracket a myriad of restaurant choices, the vast majority independently owned.
Ever since Albuquerque annexed the east mesa in 1925, the area around UNM has been a significant part of the soul of the Duke City. With New Mexico’s flagship university, major hospitals, and a high density of eateries, shops and small professional offices, homes in the UNM area are considered by many to be highly desirable and often sell accordingly. However, prices range from a modest $30,000 for a 450 square foot condo on the south edge of the district to $500,000 for a 3,000 square foot Territorial or Mid-Century home in Spruce Park, north of the medical campus. Here’s more detailed price info.
The wide variety of homes and prices around UNM reflect a century of development for different needs and tastes. With so many great neighborhoods with distinct feels and styles to choose from there is bound to be a place for just about anyone.
Some seek the down scale frat party vibe of University Heights and Silver Hill (a.k.a the Student Ghetto). More affordably priced are Clayton Heights and Victory Hills to the south.
If you want to go a little upscale, attach a little semi-urban cool to your address and live within a short walk or bike ride of all the Central Ave attractions, go for Nob Hill, Ridgecrest (Southeast Heights) or Parkland Hills. If you want to be above the hustle and bustle, but still bike-ably close, go with McDuffie Twin Parks, Pueblo Alto, Sandia Park or Altura Park.
Or, if you want to focus on knocking out a Phd and be within a short walk of campus, there’s North Campus and Summit Park.
There are a number of good examples of mid-century modern homes and architecture in the UNM Midtown area and an excellent website, Albuquerque Modernism, has a fairly deep article about the style.
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 8, 2016