Personalized Home Value Report · July 2026
Prepared By
James Shive REALTOR® · Keller Williams

840 Mesa Roja Trail NETres Colinas · Rio Rancho, NM

Computer Estimate
$603,410
RVM® automated estimate — incomplete without local comp data
Market Ceiling
$795,000
Highest active comparable currently on market
The Property

840 Mesa Roja Trail NE, At A Glance

3
Bedrooms
2
Bathrooms
3,142
Sq Ft
2016
Year Built
8,712
Lot Sq Ft
2+
Car Garage
$215
$ / Sq Ft (CMA)
Tres Colinas
Community
The Comparables

What's Actually Selling Nearby

Sold Active Price Not Reported
1
4010 Plaza Colina NE
4 bd / 3.1 ba 2,827 sq ft 0.14 mi SE 201 DOM Views · Subdivided
$525,000
$186 / sq ft
Sold · 10/23/25
2
4028 Colina Roja NE
3 bd / 2 ba 2,337 sq ft 0.12 mi E 23 DOM $17,850 concession
$510,000
$218 / sq ft
Sold · 8/21/25
3
811 Mesa Roja Trail NE
6 bd / 4.1 ba 3,977 sq ft 0.08 mi SW 63 DOM Views · Fireplace
$619,000
$156 / sq ft
Sold · 10/23/25
4
4118 Pico Norte Ln NE
6 bd / 3.1 ba 3,514 sq ft 0.03 mi E 86 DOM 1 Story · Fireplace
$795,000
$226 / sq ft
Active · Listed 5/5/26
5
729 Sierra Verde Way NE
3 bd / 2 ba 3,219 sq ft 0.14 mi E
Price not publicly recorded
Closed · 3/31/26
6
4222 Pico Norte Ln NE
5 bd / 3.1 ba 3,500 sq ft 0.12 mi E 23 DOM Xeriscape · Garage
$640,000
$183 / sq ft
Sold · 10/3/25
$510K
$675K
$795K
Comp Floor Recommended Price Active Ceiling

Why the Online Estimate Is Wrong

New Mexico is a non-disclosure state — sale prices aren't recorded in public records, which means automated valuation models like Zillow's Zestimate and RPR's RVM® are working with incomplete data. That's why the computer estimate for your home lands at $603,410, while the actual comps I pulled — six recent sales and active listings within a fifth of a mile of your door — support a price of $675,000, a $71,590 gap the algorithms simply can't see.

Local Knowledge Matters Here

Tres Colinas sits inside Loma Colorado — a community I know from the inside out. I've closed 50+ transactions within Loma Colorado alone, so when I price a home here, it's not a generic zip-code estimate. It's built on years of watching what buyers actually pay for this specific neighborhood, this HOA, and these floor plans.

The Market

Current Conditions in Your Zip Code

🏡 Rio Rancho 87124 is currently a Seller's Market
2.35
Months of Inventory
↓ 0.84% MoM
98.6%
Sold-to-List Price
↓ 0.42% MoM
22
Median Days on Market
↑ 10% MoM
$405,000
Median Sold Price
↑ 15.71% MoM
$424,730
Median List Price
↑ 1.1% MoM
+3.6%
12-Month Value Change
Zip 87124
James Shive · Career Results

Results, Not Adjectives.

265+
Transactions
$85M+
Sales Volume
Top 100
REALTORS® in NM
Ready When You Are

Let's talk about your next move.

No pressure. No obligation. Just a straightforward conversation about what your home is worth, what the process looks like, and whether now is the right time for you.