Broadview, NM

Broadview is a small town located in the state of New Mexico. The population of Broadview was just over 2,000 people as of the 2010 census. Broadview is located in southeastern New Mexico and is bordered by the towns of Raton and Clovis to the north, east, and south, respectively. The town is situated on U.S. Route 64 and has a small commercial district along Main Street that includes a grocery store, gas station, bank, post office, and several restaurants. The majority of homes in Broadview are single-family dwellings that were built in the early to mid-20th century. There are also a few duplexes and apartments located within the town limits.

Real estate in Broadview is primarily composed of single-family dwellings that range from modestly sized ranch homes to large two-story frame houses. Most homes are owner-occupied but there are a few rental properties available as well. The average price for an acre of land in Broadview was $27,500 as of 2013 according to Zillow data. This price reflects an increase from $24,000 during the previous year but remains below the statewide average of $32,500 per acre. In addition to land prices, home values also vary significantly based on location within Broadview; most homes near Main Street or within walking distance to amenities have higher values than those located further away from these focal points.

The real estate market in Broadview has been relatively stable over the past several years despite periodic economic downturns throughout much of the country. This stability may be attributable to several factors including low unemployment rates (4% as of May 2014), moderate housing prices relative to other areas in New Mexico (which makes it more affordable for residents), and strong local economy which has helped support businesses that sell real estate products or services