WELCOME TO DOWNTOWN
Albuquerque, like many US cities, expanded leaving Downtown behind. In 2010 an effort to restore the area began as developers started turning old buildings into condos. This brought an influx of wealthier residents, raising rents, slowly bringing businesses to life. Historic buildings were also renovated such as KiMo Theatre, bringing historical character, local charm, and visitors back to the area. As the new transportation system, ART (Albuquerque Rapid Transit), is now completed I believe Downtown will continue to grow. Nearby Old Town and Country Club areas are included in this version of Downtown Area.
Old Town - Back in 1706, when Spain established Albuquerque for military purposes, they centered everything around a little plaza. Present day, the preserved plaza is called Old Town. Full of local shops and vendors, Old Town feels like a trip to historic Albuquerque. On the north end of Old Town Plaza stands San Felipe de Neri Church built in 1793. Old Town is a beautiful ode to the past and lends nearby homeowners a special opportunity to be a part of Albuquerque’s history.
ABQ Country Club - Just southwest of Old Town is the Albuquerque Country Club built in 1928. Now an 18 hole golf course with all the modern amenities, the club is a thriving community of wealthy Burquenos.
DOWNTOWN REAL ESTATE INSIGHTS
Typically homes Downtown are on the smaller end, condos, lofts, and townhomes. However, there are options for larger homes with lots of character. For example, the Country Club area contains many estates on tree lined streets. In 2022 the average price per square foot is $216, averaging ~1,500 square feet
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