The stagnant construction market here in the Taos and Angel Fire areas is coming alive again and we have the most gorgeous lots for sale right now. Land prices have come down in the last couple of years because many buyers have found it easier and more affordable to buy an existing home. But things are slowly changing in our home building market . . .
Home building materials, which skyrocketed in the past couple of years, are leveling off, bringing relief to our construction market. There is still has a good inventory of existing homes for sale, but many buyers are now realizing that the time may not get much better for their dream of building a new home to fit exactly their needs and desires.
But the really great incentive to build your new home now is the fantastic deal you can get on vacant land. And we've got a variety of parcels from which to choose. Whether you want the wide open spaces of the mesa, with 360-degree views of the mountains, to a mountain hideaway in the trees, to the verdant land and garden-growing area by the Rio Grande, Taos and Angel Fire real estate offers the most varied terrain in the state of New Mexico.
Not only is the market full of various dream sites, but vacant land is available in all sizes. From a one-or two-acre lot for your custom home and casita to hundreds of acres for your self-sufficient ranch, you can build your dream home and have just the right amount of property surrounding you to let you interact with your neighbors or live in seclusion.
Or if you're not ready to build just yet, why not look at land as an investment in your future? Remember, they're not making any more of it! And now that prices have hit their lows, land is sure to make a come-back, and with it prices will surely rise.
Happy land-ings!
Katheryn Pate, Associate Broker, New Mexico Mountain Properties: 575-770-5023
