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The Best Reasons to Buy Land in New Mexico
A rich history and scenic beauty are what draw many outsiders to New Mexico, but the more than 13 million acres of recreational land, agricultural capabilities, and bustling arts and culture scene are just a few of the reasons many will stay. If you’re on the hunt for rural, agricultural, or recreational property, then the Land of Enchantment may be the place for you. Learn why New Mexico is an excellent option to look for land to buy. read more…
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When aliens chose to visit planet earth they selected New Mexico as the place to land. Or so the story has gone in Roswell since 1947 when the Roswell Army Air Field reported having recovered a crashed “flying disk.” Now each summer the town celebrates the “UFO Incident” with a weekend festival. An even more celebrated festival is staged each fall in the state’s biggest city, Albuquerque when the International Balloon Fiesta lifts off. Promoters claim it is the most photographed event in the world.
Pictures of the New Mexico landscape have spread across the country since artist Georgia O’Keeffe arrived in Taos in 1929. She would stay for more than 50 years, becoming more associated with her land than any American painter. The Enchanted Circle Tour in north-central New Mexico introduces property seekers to the vistas that inspired O’Keeffe and includes the 400-year old town of Santa Fe, the American capital city that rests at the highest elevation. Most New Mexico land is for sale in these sublime counties.
If all you know of New Mexico are O’Keeffe’s riveting images and the desolate backgrounds of Breaking Bad, you are missing the real New Mexico. The state features six of the seven life zones found on the planet and most of the terrain is actually forested, not desert. Outdoorsman can find property along fishing-rich streams and rivers and some of the state’s 30 major lakes will freeze in the Sangre de Cristo Range for ice fishing.
The Land of Enchantment dazzles visitors with its unique natural attractions. Carlsbad Caverns shows off the world’s seventh-largest underground chamber in southeast New Mexico. The gypsum sand dunes at White Sands National Monument are the world’s largest. Unlike ocean sands, the gypsum does not convert sunshine into heat and these blindingly white dunes can be traversed in bare feet even at high noon in July.
Frequently Asked Questions
New Mexico is a state situated in the southern region of the United States. Santa Fe is the capital of the state. Albuquerque is the largest city in the state. Las Cruces, Roswell, Taos, Farmington, Carlsbad are some important cities in the state. It is one of the Mountain States and shares the four corners with Arizona, Utah, and Colorado. Texas and Colorado are also the state’s neighbors.
Some Facts About New Mexico:
- Santa Fe, which is situated at a height of 7,000 Ft above sea level, is the only capital city situated so high.
- The hot air balloon festival celebrated in Albuquerque is the largest international festival involving hot air balloons.
- The longest river in New Mexico is the Rio Grande. It runs the entire length of the state.
- The Palace of Governors is the oldest government building in the country. It was built in 1610 in Santa Fe.
- 25% of New Mexico is a forest. There are 7 National forests in the state. It also has the country’s largest forest which is about 3.3 million acres.
- New Mexico is known for its scientific inventions. The state also has the most PhDs per capita.
- New Mexico is the fifth-largest state in the country. Nearly 75% of its roads are unpaved.
- The Capulin Volcano is an extinct volcano situated in the state. At the top of this volcano, you can view regions of five states.
Why Should you buy a Property/House in New Mexico?
Being the fifth largest state, New Mexico is known for its diverse geography. The state is not merely a desert. There are mountains, extinct volcanoes, forests, canyons, mesas, caverns and, in the south, grass fields. The mid-portion of the state has several mountains and national forests. You will find wilderness in this area. Different cultures exist in the state and there are many Native Americans that call this state home. People often go for hiking, trekking, and snow skiing in this region. Food in the state is delicious. Spicy food is embraced in the state.
How is the Climate in New Mexico?
The climate of New Mexico varies from arid to semi-arid. Summers are hot with temperatures going up to 100 Degree Fahrenheit. January is the coldest month of the year with temperatures varying from 30 Degrees Fahrenheit to 50 Degree Fahrenheit. Rainfall is scarce with only 10-20 inches throughout the year.
What is the Cost of Living in New Mexico?
The cost of living is calculated by taking the average cost of living in all the states in the United States. This average is taken as the base which in turn is taken as 100. On the basis of this base, we can know whether the state is expensive or cheap. An index above 100 indicates the state is expensive and vice-versa. The cost of living index of New Mexico is 88. This means that the state is cheaper than most other states. Housing is a big factor that contributes to bringing this index down.
How is the Real Estate Market Doing in New Mexico?
The real estate market in New Mexico is very hot right now. The current average value of a house is $196,500. This means there is a 2.5% rise from last year’s values. It is further expected that the value is going to increase by 2.4% in 2020. The market is doing well and now seems like a good time to buy land in New Mexico. The average price of a house listed in this state is $239,000. The average price of rent in New Mexico is $1,250. New Mexico may be a good place to invest your money and an even more fantastic place to settle.