Rio Rancho, New Mexico
"The City of Vision"
One of the fastest growing communities in the nation, Rio Rancho is located 12 miles Northwest of Albuquerque. Founded in the early 1960s, the city started off as a real estate project called "Rio Rancho Estates." Throughout the 1960s and 1970s, the population grew and more land was purchased. Rio Rancho was incorporated in the early 1980s. Now covering about 75 square miles, Rio Rancho is home to almost 60,000 people.
Quality of life is among the best for cities of its size! Technology has been the leading industry; Intel started a $2 billion expansion on their local plant in 2000, the second largest industrial expansion in the world! The Rio Rancho school system has a new high school, and the community is loaded with parks and recreation areas.
Like Albuquerque, Corrales and the rest of the greater metro area, Rio Rancho is within a day's drive of most destinations in New Mexico: Pueblos, nature reserves, ski areas, recreational lakes, and numerous state and federal parks and monuments.
For more information about Rio Rancho, check out the following sites:
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Buying Land and New Construction >Building Considerations
Are you planning to build your dream home? Once you are pre-approved for a loan and have found a professional real estate agent you trust, you are ready to start looking for the perfect lot.
Compare the qualities of several target neighborhoods by looking at schools, shopping, recreation and zoning. Make sure that the zoning regulations allow you to build the size and height of the home you want. Find out if there are use restrictions that would prevent you from developing your property as you intend. A visit to the local planning department will clarify your options for building.
Consider what type of home would best suit your lifestyle. Create a checklist to itemize the "must-have" interior and exterior features of a house that you feel are absolute requirements. Make notations about yard size, paint, roof and window conditions for the exterior, and floor plan, room quality and condition of the appliances for the interior. Bring your lists to your real estate agent. Together you can look over the currently available properties that correspond to your needs.
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| Q |
Where was the first hotel built in the US?
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| A |
The Union Hotel (1802) Saratoga Springs, NY, is the first hotel emphasizing lodging and services, in addition to food and drink. |
 See More Real Estate Trivia > |
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- NUMBER1EXPERTS™ 
