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404 Diamond St, Bayard, NM, 88023

2beds
2baths
1,334sqft
$79,000
$59price/sqft
$629/moest. monthly cost
$25,160/yrincome needed

About This Home

This home, with a large backyard is ready for you and full of potential. Perfect for the handy person, it has gas fireplace in the living room and 2 bedrooms with 1.5 bathrooms. The kitchen has abundant cabinet space. Perfect for investors or buyers to personalize and put the finishing touches on. The home could use an additional conventional heat source, there is city gas and installing mini-split would really make this a comfortable home at an affordable price. Call today for a showing.

Getting Around

26
WalkingCar-Dependent
0
TransitVery Limited Transit
31
BikeSomewhat Bikeable

Schools

10/10
Bayard Elementary SchoolGrades PK-50.5 mi
4/10
Snell Middle SchoolGrades 6-80.8 mi
5/10
Cobre High SchoolGrades 9-120.8 mi

Construction

Condition

  • Year built: 1935

Materials

  • Foundation: Other
  • Roof: Pitched,Shingle
  • Construction materials: Stucco,Unknown

Type & Style

  • Home type: SingleFamily
  • Architectural style: Traditional
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Some Gas Appliances,Dryer,Gas Range,Microwave,Refrigerator,Washer
  • Laundry features: Washer Hookup,Dryer Hookup,ElectricDryer Hookup,Laundry in Utility Room

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 1
  • 1/2 bathrooms: 1

Features

  • Window features: Other
  • Flooring: Ceramic Tile,Wood

Heating & Cooling

  • Heating features: Gas
  • Cooling features: Evaporative Cooling,None

Interior Area

  • Total structure area: 1,334
  • Total interior livable area: 1,334 sqft

Property

Details

  • Parcel number: R085277
  • Zoning description: Bayard - R1, RM, R2
  • Special condition: None

Features

  • Fencing: Chain Link
  • Has view: Yes
  • View description: Mountain(s)
  • Living area range: 1201 - 1400

Lot

  • Lot size: 6,098 sqft
  • Features: Interior Lot,Xeriscape

Parking

  • Parking features: No Garage,RV Access/Parking

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Inland Flooding
    Inland FloodingRelatively High
  • Lightning
    LightningRelatively High
  • Wildfire
    WildfireRelatively High
  • Winter Weather
    Winter WeatherRelatively High

How This Home’s Risks Compare

Inland Flooding
Lightning
Wildfire
Winter Weather

FEMA Declared Disasters in Grant County and New Mexico

Fire
Flood
Mud Landslide
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $399$4,788
Home Insurance *$57$684
Property Taxes $25$300
Electricity $148$1,780
Total$629$7,548
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$21,565/yr
40% on housing$18,870/yr
45% on housing$16,773/yr

New Mexico FAIR Plan Programs

New Mexico Property Insurance Program

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 7,506Commercial: 306
Total Premiums$5.96M
Total Exposure$950.67M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 9.4%
9.4%
0%30.0%
Electricity Growth Rate10-year average: 2.0%
2.0%
0%15.0%
Property Taxes Growth Rate2-year average: 3.7%
3.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$59This listing

vs Other Active Listings

Avg $/sqft

ZIP 88023
Grant County$194

vs Homes Sold Last Month

Median $/sqft

ZIP 88023$90
Grant County$198

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-08-10Price change$74,000
2026-07-02Price change$79,000
2026-06-02Listed for sale$85,000
2025-09-16Sold--
2025-08-05Listed for sale$49,000
2024-03-01Listing removed--
2023-08-27Listed for sale$70,000

For Sale by Agent

AgentDaniel D Cook
BrokerageBetter Homes and Gardens Real Estate | Silver City

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