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Why is Now the Right Time to Install Solar Panels?: an Albuquerque Homeowner Perspective (2 of 2)

June 27, 2014 by The Sugar Team

Once I overcame the shock of getting a $350+ electric bill and then had done enough research to be convinced that putting solar panels in my home not only was a good idea to help preserve the environment, but also to save money and raise its property value, the next step was installation.

In the case of my own home, since it is all-electric and has refrigerated air, we were going to require a lot of panels.  We Solar-Panels-Installation-Albuquerquereceived an energy audit and had numerous evaluations by engineers, and it was determined we would need 30 photovoltaic solar panels or a 9.81 kWh (kilowatt hour) solar system to offset our energy use through the course of the year.

Depending on whether you live in the city or in the country sometimes it is better to have the panels connected to a battery apart from the electric company for storing energy to use at night or during severe cloud cover.  This is what they call “living off the grid.”  The other option is to have the solar system feed right into the electric company’s meter.  At nighttime no solar energy is being produced and the meter moves forward as usual, measuring usage.  However, during the day when solar energy is produced, and if consumption is less than production, the METER ACTUALLY GOES IN REVERSE!  When that happens that means that energy is being sold to the utility company (or “net metering”).

REC-MeterThere is nothing more satisfying than watching your electric meter move in reverse.  Living here in the Sunbelt where according to the Current Results Website we average 278 sunny days in Albuquerque, it’s no surprise to see a meter connected to a solar system spinning backwards.  And because I entered into an eight-year contract with my electric company, their buy-back rate is guaranteed during that period.  Of course, there is speculation the rate will go down, but no one knows for sure.

Solar-Panel-Ballast-SystemThe installation itself only took five days.  We have a flat roof so we decided to get a “ballast system.”  This is where the frames that sustain the panels are held in place by cinder blocks (rather than bolted in) and are designed to withstand winds up to 120 miles per hour.  The result is a gorgeous design with 30 photovoltaic panels feeding into two inverters that convert solar energy into alternative current (AC).  This converted energy leads to the Renewable Energy Credit (REC) Meter that, of course ultimately ties into the electric company’s meter.

Solar-Panels-Albuquerque-Home

The moment of truth came one full month after the installation of our solar system…receiving the electric bill.  I opened the envelope and, low-and-behold my utility company had cut me a check for $60.00!!!

I am so entirely satisfied with my solar system that I’d like to invite anyone who’s interested to see it in action.  I am organizing a “Solar Party” at my home in Albuquerque to explain how the system works and serve appetizers on:

July 26, 2014 from 3:00 – 5:00PM  

RSVP Sutter Sugar (505) 850-9977 or Sutter@TheSugarTeam.com to learn to live just a little bit GREENER.

Filed Under: Active Solar, Albuquerque, Green Features, Photovoltaic Panels, Solar Panels, Sugar Team, Sutter Sugar Tagged With: Albuquerque, Green, Net Metering, Photovoltaic Panels, Solar Energy, Solar Panels, Sugar Team, Sustainable Energy, Sutter Sugar

Albuquerque Real Estate March 2014 Market Watch

April 25, 2014 by The Sugar Team

412-Wellesley-DR-SE-Nob-Hill-Albuquerque-Real-EstateMARKET WATCH!  In March 2014 the number of single-family detached sales increased 3.42% from the previous year.  The Median Sale Price was up to $170,000 and The Average Sale Price was $202,672 a 2.11% increase from the previous month.  The Average Days on the Market was down to 74.  (Greater Albuquerque Association of Realtors)

The Sugar Team has a diverse inventory of homes that would appeal to any interest.  What is yours?

Sincerely,

Linda and Sutter

Filed Under: Albuquerque Real Estate, Real Estate Monthly Market Watch, Sugar Team Tagged With: Albuquerque Real Estate, Monthly Real Estate Market Watch, Sugar Team

Albuquerque Real Estate February 2014 Market Watch

March 27, 2014 by The Sugar Team

412-Wellesley-DR-SE-Nob-Hill-Albuquerque-Real-EstateMARKET WATCH!  In February 2014 the number of single-family detached sales increased 1.5% from the previous year.  The Median Sale Price was up to $169,000 and The Average Sale Price was $198,483.  And the Average Days on the Market was 83.  (Greater Albuquerque Association of Realtors)

The Sugar Team has revamped its Website.  Take a look at www.TheSugarTeam.com  It has more of a crisp, modern look and is much friendlier to mobile devices.

Let us sweeten your move!

Linda and Sutter

Filed Under: Albuquerque Homes For Sale, Albuquerque Real Estate, Real Estate Monthly Market Watch, Sugar Team Tagged With: Albuquerque Homes for Sale, Albuquerque Real Estate, Monthly Real Estate Market Watch, Sugar Team

Albuquerque’s Neighborhood Drive-by–Nob Hill

March 25, 2014 by The Sugar Team

A young lady shops for a “cute” skeleton mask in preparation for the upcoming Día de los Muertos celebration.  Across the street aNob-Hill-Albuquerque-Real-Estate teenage boy sifts through racks of pants, looking for the perfect pair of vintage jeans.  A university professor conducts a seminar with some graduate student about Don Quixote over a delicious pint of IPA craft beer.  A few blocks down the road an older couple celebrates their 50th wedding anniversary over a caprese salad and handmade, prosciutto-filled ravioli.  All this activity and it’s only Thursday!  This can only be described as the typical setting you will find in the Nob Hill neighborhood, Albuquerque’s shopping, social, gastronomical and intellectual epicenter.

Developed in the 1920’s and located along Albuquerque’s old Route 66, Nob Hill attributes its hip and cool atmosphere to its proximity to the University of New Mexico, historic Spruce Park and Ridgecrest.  Nob-Hill-ABQ-Real-EstateLocated in the heart of the city, Nob Hill’s borders are roughly defined by Lomas to the North, Garfield to the South, Washington to the East and Girard to the West.  Because of its convenient location and ideal mixture of commercial and residential properties many describe Nob Hill as one of the only walk-able neighborhoods in town.

Due to its cultural draw tourists choose Nob Hill as their prime destination when visiting Albuquerque.  And when homebuyers look to purchase real estate in Albuquerque they inevitably look to Nob Hill as a solid investment.

Nob Hill’s real estate data truly speaks for itself.  Going back a year and analyzing the data as of March 23, 2014 for detached ABQ-Nob-Hill-Real-Estatesingle-family homes the Average Sales Price was $266,253 the Average Price per Square Foot was $169.02 and the Average Days on the Market was only 57.  Compare those numbers to the entire Albuquerque Area where the Average Sales Price was $209,931 the Average Price per Square Foot was $103.21 and Average Days on the Market was 85 (Greater Albuquerque Association of Realtors®).

Distinguishing itself from homes in other parts of town, Nob Hill properties project pure character.  Here is where you can you find gleaming hardwood floors, sultry coved ceilings and crackling wood burning fireplaces.  To wit, The Sugar Team is offering a gorgeous home located on 413 Morningside DR SE in the heart of Nob Hill.  Watch the Virtual Tour to truly enjoy its character:

Play VisualTour

Nob Hill Useful Links:On a personal note, The Sugar Team has a deep, close connection with Nob Hill.  I graduated from the University of New Mexico inNob-Hill-Real-Estate 1999 and lived right on Jefferson while going to grad school.  I biked or walked to UNM every day as I didn’t have (nor needed) a car.  Presently, all of my favorite Albuquerque restaurants are located right in the neighborhood, whether I’m in the mood for Italian, French, Greek, Thai, Vietnamese, Venezuelan or Pub food.  ¡Viva Nob Hill!

  • Nob Hill Website
  • Albuquerque Convention and Visitors Bureau Nob Hill Website
  • Nob Hill Neighborhood Association
  • University of New Mexico
  • Spruce Park
  • Ridgecrest
  • Albuquerque Real Estate
  • 413 Morningside DR SE Virtual Tour
  • Walkscore Website

Filed Under: Albuquerque, Albuquerque Neighborhoods, Albuquerque Real Estate, Albuquerque Tourism, Nob Hill, Sugar Team Tagged With: 413 Morningside SE, Albuquerque Homes for Sale, Albuquerque Neighborhoods, Albuquerque Real Estate, Albuquerque Tourism, Sugar Team

412 Wellesley DR SE, Albuquerque, NM 87106–Nob Hill Pueblo

March 20, 2014 by The Sugar Team

412-Wellesley-DR-SE-Nob-Hill-Alburque-Real-EstateNestled on a quiet residential street in the heart of Nob Hill, this perfectly remodeled pueblo showcases all the right improvements without losing any vintage charms.  The front door reveals gorgeous hardwood floors, coved ceilings and wood-burning fireplace, all flooded in natural light. This home has wonderful flow & can easily be made into a 4-bedroom ideal for families big and small. Updates include the electrical, sewer line, windows and kitchen with enough countertops for everyone to share in the preparation of the feast. The French doors swing open to a peaceful backyard and deck which has autotimer sprinklers to meticulously water your most treasured flora. There’s even a detached 1-car garage discreetly placed off the alley, underscoring its dedication to form and function.

412 Wellesley Dr SE Fabulous Features:412-Wellesley-DR-SE-Nob-Hill-Albuquerque-Real-Estate

  • Approximate 1600 square feet
  • 2 Bedrooms with 4 possible
  • 1.5 Bathrooms
  • Located on a quiet residential street, but fabulous Nob Hill Location
  • Remodeled Kitchen and updated electrical, windows and sewer line
  • Central, forced-air gas heating
  • hardwood floors and no carpet
  • wood-burning fireplace
  • detached 1-car garage off the alley

Also, check out The Sugar Team’s virtual tour or just call (505) 850-9977 to get a private showing:

Play VisualTour

Filed Under: Albuquerque Homes For Sale, Albuquerque Real Estate, Nob Hill, Sugar Team Tagged With: 412 Wellesley Dr SE, Albuquerque Homes for Sale, Albuquerque Real Estate, Sugar Team

Albuquerque Real Estate January 2014 Market Watch

February 28, 2014 by The Sugar Team

9923 Tintara SW Albuquerque Real EstateMARKET WATCH!  In January 2014 the single-family detached sales prices increased 9.48% from the previous year’s average and 6.27% from the previous year’s median.  Home sales also rose 12.29% from the previous year.  The Median Sale Price was $167,900 and The Average Sale Price was $203,687.  And the Average Days on the Market was still low at 76.  (Greater Albuquerque Association of Realtors)

The Sugar Team has started the year absolutely gang-busters.  Thank you all for continuing to confide in us in one of your most important transactions.

Sincerely,

Linda and Sutter

Filed Under: Albuquerque Real Estate, Real Estate Monthly Market Watch, Sugar Team Tagged With: Albuquerque Real Estate, Monthly Real Estate Market Watch, Sugar Team

Albuquerque Real Estate December 2013 Market Watch

January 23, 2014 by The Sugar Team

Albuquerque-Real-Estate-Sugar-TeamMARKET WATCH!  In December 2013 the single-family detached sales prices increased 9.14% from the previous year’s median and 4.13% from the previous year’s average.  Home sales also rose 7.91% from the previous year.  The Median Sale Price was $185,000 and The Average Sale Price was $219,909.  Finally, the Average Days on the Market was 70.  (Greater Albuquerque Association of Realtors)

We hope you had a great year…we sure did!  Predictions are in that home prices will go up in ’14.  So, if you’re debating putting your home on the market, now’s the time!

Let’s make it a wonderful year!

Linda and Sutter

Filed Under: Albuquerque Homes For Sale, Albuquerque Real Estate, Real Estate Monthly Market Watch Tagged With: Albuquerque Real Estate, Monthly Real Estate Market Watch, Sugar Team

Albuquerque Real Estate September 2013 Market Watch

October 25, 2013 by The Sugar Team

1439 Vassar NE Albuquerque Real EstateMARKET WATCH!  In September 2013 single-family detached home sales increased 17.80% from the previous year.  The Median Sale Price was $177,500 and The Average Sale Price was $212,307.  Finally, the Average Days on the Market was only 63.  (Greater Albuquerque Association of Realtors)

But more importantly, do you smell the pumpkin pie?  We sure do!  It reminds us that we are entering our favorite season.  This is the time when we at The Sugar Team reflect on who we’re thankful for…and, of course, that includes you!

Sincerely,

Linda and Sutter

Filed Under: Albuquerque Real Estate, Real Estate Monthly Market Watch, Sugar Team Tagged With: Albuquerque Real Estate, Monthly Real Estate Market Watch, Sugar Team

8613 Horacio Place NE Albuquerque, NM 87111–4-Bedroom Castle in the Heights!

October 10, 2013 by The Sugar Team

Not a home, but a castle.  Architecturally majestic 4-bedroom located in an established & quiet neighborhood delights from head to toe.  Open 8613-Horacio-NE-Albuquerque-Real-Estatethe robust front door to reveal an expertly designed floor plan with 2 living areas and formal dining room.  The upstairs private master suite with bathroom & 4th bedroom is the perfect getaway…it even has its own private balcony & gorgeous views of the mountains.  And the crowning jewel?…the to-die-for garden oasis in the backyard!

4613-Horacio-NE-Albuquerque-Real-Estate8613 Horacio NE features:

  • Approximately 2748 square feet
  • 4 Bedroom/4 Bathroom home
  • 2 spacious Bedrooms and 2 Bathrooms downstairs
  • 2 Bedrooms & 2 Bathrooms upstairs
  • Private Master Suite upstairs with private balcony
  • Two+ Living Areas and separate formal Dining Room8613-Horacio-NE-Albuquerque-Real-Estate
  • Lushly landscaped backyard with covered patio, green grass, colorful flowers and flagstone sitting area
  • Newer furnace
  • Located in a well-established, serene neighborhood

Check out the virtual tour or contact The Sugar Team (505) 850-9977 to arrange a private tour!

Play VisualTour

 

 

Filed Under: Albuquerque Homes For Sale, Albuquerque Real Estate, Sugar Team Tagged With: 8613 Horacio NE, Albuquerque Homes for Sale, Albuquerque Real Estate, Sugar Team

Albuquerque Real Estate July 2013 Market Watch

August 16, 2013 by The Sugar Team

1439 Vassar DR NE Albuquerque Real EstateMARKET WATCH!  In July 2013 single-family detached home sales increased 30.60% from the previous year and 9.31% from the previous month.  The Median Sale Price was $182,000, the highest monthly median price since September 2010 and the Average Sale Price was $222,505.  The Average Days on the Market was down to 60.  (Greater Albuquerque Association of Realtors)

The Sugar Team has two new hot listings in the UNM area: one’s a great investment property located at 2105 Silver SE and the other, a spacious North Campus home at 1439 Vassar DR NE.  Check them out or contact us (505) 850-9977 for a private showing!

Linda and Sutter

Filed Under: Albuquerque Homes For Sale, Albuquerque Real Estate, Real Estate Monthly Market Watch, Sugar Team Tagged With: 1439 Vassar DR NE, 2105 Silver Ave SE, Albuquerque Homes for Sale, Albuquerque Real Estate, Monthly Real Estate Market Watch, Sugar Team

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