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202 Wayne Rd NW, Albuquerque, NM, 87114

3beds
2baths
2,131sqft
$565,000
$265price/sqft
$3,532/moest. monthly cost
$141,280/yrincome needed

About This Home

This house comes with a REDUCED RATE as low as 5.375% (APR 5.891%) as of 04/08/2026 through List & Lock(tm). This is a seller paid rate-buydown that reduces the buyer's interest rate and monthly payment. Terms apply, see disclosures for more information.A rare North Valley opportunity offering space, flexibility, and turnkey updates--all in one.Fully renovated and thoughtfully reimagined, this exceptional 3-bedroom, 2-bath residence sits on an expansive .26-acre lot and captures the perfect balance of modern design and everyday functionality--all framed by breathtaking Sandia Mountain views.

Getting Around

37
WalkingCar-Dependent
23
TransitMinimal Transit
63
BikeBikeable

Schools

6/10
3/10
Taylor Middle SchoolGrades 6-80.7 mi
4/10
Valley High SchoolGrades 9-124.0 mi

Construction

Condition

  • Property condition: Resale
  • Year built: 1950

Materials

  • Roof: Pitched,Shingle
  • Construction materials: Block,Frame,Stucco

Type & Style

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

Interior

Appliances

  • Appliances included: Dishwasher,Free-Standing Gas Range,Refrigerator,Range Hood
  • Laundry features: Electric Dryer Hookup

Bedroom2

  • Level: Main
  • Area: 154

Bedroom3

  • Level: Main
  • Area: 152.6

Bedrooms & Bathrooms

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

Family Room

  • Level: Main
  • Area: 220.08

Features

  • Main Level Primary
  • Window features: Double Pane Windows,Insulated Windows
  • Flooring: Carpet,Vinyl

Heating & Cooling

  • Heating features: Combination,Forced Air
  • Cooling features: Refrigerated

Interior Area

  • Total structure area: 2,131
  • Total interior livable area: 2,131 sqft

Kitchen

  • Level: Main
  • Area: 163.8

Living Room

  • Level: Main
  • Area: 248.22

Office

  • Level: Main
  • Area: 174.41

Primary Bedroom

  • Level: Main
  • Area: 283.65

Property

Details

  • Parcel number: 101506340352011249
  • Zoning description: R-1

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: Covered,Open,Patio
  • Exterior features: Private Yard
  • Fencing: Gate
  • Has view: Yes

Lot

  • Lot size: 0.26 Acres
  • Features: Corner Lot,Lawn,Landscaped,Views

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 FloodingVery High
  • Earthquake
    EarthquakeRelatively High
  • Lightning
    LightningRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Hail
    HailModerate
  • Heat Wave
    Heat WaveModerate

How This Home’s Risks Compare

Inland Flooding
Earthquake
Lightning
Winter Weather
Hail
Heat Wave

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 $2,856$34,272
Home Insurance *$125$1,500
Property Taxes $400$4,800
Electricity $151$1,818
Total$3,532$42,384
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$121,097/yr
40% on housing$105,960/yr
45% on housing$94,186/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

$265This listing

vs Other Active Listings

Avg $/sqft

ZIP 87114$189
Bernalillo County$198

vs Homes Sold Last Month

Median $/sqft

ZIP 87114
Bernalillo County

Current Market Trends

No market data available for this area

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-14Price change$599,900
2026-04-08Price change$649,900
2026-03-28Price change$659,900
2026-03-15Price change$669,900
2026-03-08Price change$679,900
2026-02-24Price change$689,900
2026-02-21Listed for sale$689,500

For Sale by Agent

AgentThe Cavnar Group
BrokerageERA Summit

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