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Albuquerque, NM New Homes Under $200K

3 Communities

Villa Encantada by Stillbrooke Homes in Albuquerque New Mexico
Home in Villa Encantada by Stillbrooke Homes
Home in Villa Encantada by Stillbrooke Homes

Grand Opening

$199,000 - $229,000

Villa Encantada

Moriarty, NM 87035

4 Floor Plans

Stillbrooke Homes

Up to $70,000

$423,990 - $568,182

Monarch at Mariposa

Rio Rancho, NM 87144

4 Floor Plans

1 Builder

Master Planned Community

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Market Snapshot

New Homes in Albuquerque by Region

RegionCommunitiesAverage New Home Price
East Albuquerque 3$293,000
Northeast Heights 2$612,000

New Home Cities in Albuquerque

CityCommunitiesAverage New Home Price
Rio Rancho11$434,667
Albuquerque7$577,743
Los Lunas7$375,488
Moriarty1$214,000
Belen1$302,900

Albuquerque features many of the best home builder communities in New Mexico, but finding lower priced homes has become increasingly difficult. In the last few years, the cost of building a new home in Albuquerque has increased substantially. Despite the rising trend of housing prices, it’s still possible to design and build an affordable home in the Albuquerque area. In fact, there are 3 communities and 3 builders in Albuquerque with homes starting at under $200K.

How to Find Homes in Albuquerque for Less than $200K?

Many builders recognize there is growing demand in the Albuquerque area for homes under the $200k price point and often have a few floor plans available, but these may be in limited supply. To ensure affordability without compromising on the quality of the home, builders may utilize value engineering techniques to reduce the cost of construction and keep the price of the home as low as possible. This may include building on a smaller lot or utilizing standard-sized materials, such as windows and doors, that provide high-value for the cost. The results are delivering similar quality at lower prices.