Albuquerque Homes with a Basement

Albuquerque Homes with a Basement

Albuquerque Homes with a Basement. Searching for an Albuquerque home with a basement may not seem like a big deal, but it can be. Basements are not a common feature here in the Albuquerque High Desert real estate market. With a quick check of our currently available inventory of residential-detached homes, only 63 or about 2% had a basement. Certain areas of Albuquerque have a higher saturation of basements. The UNM and historic districts like Nob Hill, Downtown, and the Old Town areas all have older homes. Basements were much more common during that timeline.Albuquerque Homes with a Basement

I do not have a full understanding of why Albuquerque homes with a basement are so limited. The soil here is quite diverse from Granite in the Foothills to Sandy in the NW. In the Valley area, a cellar may lend itself to groundwater from the Rio Grande river permeating through the structure.

It may also have to do with construction costs. More excavation, framing work, and concrete would undoubtedly add to this. New production type builders must remain competitive in the market. Since Albuquerque homes with a basement don’t seem to be in high demand, they simply don’t offer the option. A custom builder however would gladly entertain the idea.

When an Albuquerque home with a basement does enter the market place, it often attracts some added interest and curiosity. After all, who doesn’t love an awesome functional basement? They make the perfect game room, home theater, family room, hobby room, or just some needed storage. Basements are an excellent feature and maximize the available footprint of most lots. 

5 Benefits to a Basement:

Having a basement means you have extra storage, a place to hang out, and added privacy but there are other benefits to having a basement in a home. With your building a new home or buying an existing Albuquerque home with a basement, here are five benefits to a home with a basement.

#1. Extra storage.

Even an unfinished basement can add additional storage to your home. You can create an organized storage space where all of your items are easily accessed or just a great place to store Christmas decorations and holiday stuff.

#2. Additional living space.

When you finish off a basement, it can be a great place for an additional bedroom or even a bathroom offering more square footage and increasing the value of the home. A finished basement definitely adds a lot more value and you can have a space for a bedroom, bathroom, or just a fun game and family room.

Albuquerque Homes with a Basement#3. Added privacy.

Having a basement, especially a completely underground or daylight basement means that your guests or family members have more privacy. If you have out-of-town guests, they can stay in the basement and feel more independent with more privacy.

#4. Increased home value.

Having a finished basement with more square footage and finished square footage means that your home will gain more value. If the basement is unfinished, the square footage is not considered livable and is usually not considered on a listing agreement. But if you finish the property, an average basement remodel can return 70% to 75% of your investment and you get to enjoy the added space as well.

#5. Recreation.

There is nothing more fun than a man cave, family room, or just a second TV for the kiddos to have fun and be away from the rest of the house. Having a basement that is completely finished complete with a wet bar, big-screen TV, and comfortable couches means that the noise and party can be kept downstairs while you enjoy peace and quiet upstairs.

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Albuquerque Homes with a Basement

42 matches found

$997,000
3817 CORRALES Road, B, Corrales, NM 87048
View Photos (43)
Property Type: Residential
# of Bedrooms: 3
# of Bathrooms: 3
Square Footage: 2979
Year Built: 1954
Area: 130 - Corrales
Listing Office: Albuquerque Realty
Last Updated: January - 23 - 2021
$399,000
4701 CONSTITUTION Avenue NE, Albuquerque, NM 87110
View Photos (14)
Property Type: Residential
# of Bedrooms: 3
# of Bathrooms: 2
Square Footage: 2372
Year Built: 1952
Area: 40 - UNM
Description: This lovey 3 bedroom 2 bath home is ideal for family living and entertainin...
Listing Office: Affordable Realty Services Inc
Last Updated: January - 23 - 2021
$379,900
10316 DUNBAR Street NW, Albuquerque, NM 87114
View Photos (55)
Property Type: Residential
# of Bedrooms: 5
# of Bathrooms: 4
Square Footage: 3559
Year Built: 1995
Area: 121 - Paradise East
Description: This spacious 3,559 square-foot three-level home features 5 bedrooms, 2 bon...
Listing Office: Affordable Realty Services Inc
Last Updated: January - 22 - 2021
$230,000
240 SOLANO Drive NE, Albuquerque, NM 87108
View Photos (36)Virtual Tours (1)
Property Type: Residential
# of Bedrooms: 2
# of Bathrooms: 1
Square Footage: 804
Year Built: 1945
Area: 40 - UNM
Description: Charming Nob Hill Bungalow! Mature landscaped yard with trees, grass and sp...
Listing Office: Redfin Corporation
Last Updated: January - 22 - 2021
$95,000
600 S 2ND Street, Santa Rosa, NM 88435
View Photos (11)
Property Type: Residential
# of Bedrooms: 2
# of Bathrooms: 1
Square Footage: 1067
Area: 460 - Guadalupe
Description: New kitchen and bathroom upgrades. New water heater. Perfect for a second...
Listing Office: Coldwell Banker Legacy
Last Updated: January - 21 - 2021
$529,000
1901 WHITE CLOUD Street NE, Albuquerque, NM 87112
View Photos (59)
Property Type: Residential
# of Bedrooms: 4
# of Bathrooms: 5
Square Footage: 4338
Year Built: 1979
Area: 51 - Foothills South
Description: Updated 5 bedroom/3.5+bathrooms in a great neighborhood! Fresh paint throu...
Listing Office: Realty One of New Mexico
Last Updated: January - 20 - 2021
$279,000
409 PRINCETON Drive SE, Albuquerque, NM 87106
View Photos (48)
Property Type: Residential
# of Bedrooms: 3
# of Bathrooms: 3
Square Footage: 1541
Year Built: 1931
Area: 42 - UNM South
Description: CLOSE TO SCHOOL! Stop renting and be an owner! Walk to school, restaurants ...
Listing Office: Realty One of New Mexico
Last Updated: January - 20 - 2021
$450,000
3516 12TH Street NW, Albuquerque, NM 87107
View Photos (38)
Property Type: Residential
# of Bedrooms: 3
# of Bathrooms: 3
Square Footage: 2306
Year Built: 1931
Area: 101 - Near North Valley
Description: Beautifully remodeled home located near the North Valley on a gated .28 acr...
Listing Office: The Maez Group
Last Updated: January - 20 - 2021
$350,000
3801 Simms Avenue SE, Albuquerque, NM 87108
View Photos (34)
Property Type: Residential
# of Bedrooms: 4
# of Bathrooms: 2
Square Footage: 2134
Year Built: 1949
Area: 42 - UNM South
Description: WOW A MUST SEE IN THE POPULAR NOB HILL! EVERYTHING in this home has been fr...
Listing Office: Rio Grande Realty & Invest LLC
Last Updated: January - 19 - 2021
$325,000
1207 6TH Street, Las Vegas, NM 87701
View Photos (48)
Property Type: Residential
# of Bedrooms: 3
# of Bathrooms: 3
Square Footage: 2100
Area: 600 - San Miguel
Description: Take a look at this beautiful Victorian. It is 2 stories with a basement. ...
Listing Office: Keller Williams Realty
Last Updated: January - 17 - 2021

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