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501 Veranda Rd NW, Albuquerque, NM, 87107

2beds
2baths
879sqft
$244,900
$279price/sqft
$1,700/moest. monthly cost
$68,000/yrincome needed

About This Home

Welcome home to this beautifully updated 2-bedroom, 2-bathroom property featuring stylish luxury vinyl plank flooring, fresh interior paint, and gorgeous white quartz countertops. The well-appointed kitchen offers stainless steel appliances, attractive cabinetry, and soft-close hardware for a modern touch. Energy-efficient mini-split units provide year-round comfort while helping keep utility costs in check. Conveniently located in the heart of Albuquerque, you'll enjoy easy access to freeways, restaurants, shopping, entertainment, and everyday amenities. This move-in-ready home combines comfort, style, and convenience in one exceptional package.

Getting Around

65
WalkingSomewhat Walkable
24
TransitMinimal Transit
66
BikeBikeable

Schools

5/10
Garfield Middle SchoolGrades 6-80.3 mi
4/10
Valley High SchoolGrades 9-120.9 mi

Construction

Condition

  • Property condition: Resale
  • Year built: 1931

Materials

  • Roof: Flat
  • Construction materials: Synthetic Stucco,Rock

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Free-Standing Electric Range,Microwave,Refrigerator
  • Laundry features: Electric Dryer Hookup

Bedroom2

  • Level: Main
  • Area: 124.22

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 1
  • 3/4 bathrooms: 1

Features

  • Breakfast Bar,Ceiling Fan(s),Main Level Primary,Tub Shower
  • Window features: Double Pane Windows,Insulated Windows,Sliding
  • Flooring: Vinyl

Heating & Cooling

  • Heating features: Ductless,Multiple Heating Units
  • Cooling features: Ductless,Multi Units

Interior Area

  • Total structure area: 879
  • Total interior livable area: 879 sqft

Kitchen

  • Level: Main
  • Area: 149.47

Living Room

  • Level: Main
  • Area: 165.72

Primary Bedroom

  • Level: Main
  • Area: 126.82

Property

Details

  • Parcel number: 101406032119241314
  • Zoning description: R-1C*

Features

  • Levels: One
  • Stories: 1
  • Fencing: Front Yard

Lot

  • Lot size: 3,049 sqft
  • Features: Corner Lot,Landscaped,Few Trees,Xeriscape

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

  • Earthquake
    EarthquakeRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Hail
    HailModerate
  • Heat Wave
    Heat WaveModerate
  • Lightning
    LightningModerate

How This Home’s Risks Compare

Earthquake
Inland Flooding
Winter Weather
Hail
Heat Wave
Lightning

FEMA Declared Disasters in Bernalillo 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 $1,238$14,856
Home Insurance *$141$1,692
Property Taxes $173$2,076
Electricity $148$1,780
Total$1,700$20,400
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$58,285/yr
40% on housing$51,000/yr
45% on housing$45,333/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: 9.7%
9.7%
0%30.0%
Electricity Growth Rate10-year average: 2.0%
2.0%
0%15.0%
Property Taxes Growth Rate2-year average: 0.2%
0.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$279This listing

vs Other Active Listings

Avg $/sqft

ZIP 87107$249
Bernalillo County$198

vs Homes Sold Last Month

Median $/sqft

ZIP 87107
Bernalillo County

Current Market Trends

No market data available for this area

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-22Price change$244,900
2026-07-07Price change$249,900
2026-06-19Listed for sale$259,900
2026-03-27Sold--
2026-03-10Pending sale$100,000
2026-03-05Listed for sale$100,000

For Sale by Agent

AgentNancy A Montoya
BrokerageCentury 21 Champions

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