Real Estate Information
Wild Horse Mesa Market Summary
land prices, vacant land
Fair Market Sales
Average lot size is 2.5 acres. Check parcel legal description or subdivision plat map for exact lot size.
Prices vary based on supply, demand, lot size, shape, location, zoning, covenants, owners association, slope, terrain, drainage, soil, rocks, mountain view, lake view, valley view, southern exposure for solar panels, elevation, climate, vegetation, wildlife, road access, neighboring properties, proximity to the lake, proximity to shopping, dining, entertainment, health care, ski resorts, availability of water, electricity, cell phone service, internet service, land improvements, defects or hazards, fencing, type of deed, clear title, financing terms, water rights, mineral rights, Mountain Tract Access rights, extras, etc.
Generally, sales prices lower than the prices per acre shown below are not fair market sales.
(average price, last 5 sales, for data period ending 12/31/2018)
(west side, down in valley below mesa, along Hwy 159)
Section A $622/acre, $1555/2.5 acres
Section B $869/acre, $2174/2.5 acres
Section C $1020/acre, $2550/2.5 acres
(west side of mesa)
Section D $1287/acre, $3218/2.5 acres
Section E $1567/acre, $3917/2.5 acres
Section K $1666/acre, $4164/2.5 acres
(east side of mesa, near the lake, west of Section G)
Section F $3563/acre, $8908/2.5 acres
(lakeside, lakeview or near the lake)
Section G $3831/acre, $9578/2.5 acres
2018 Edition, Year-End Data
Market history, sales prices, price graphs, fair market sales data since 2003
25 page report
We track all real estate land sales on Wild Horse Mesa. Our database currently includes many years of market history, all fair market sales for all sections since January 1, 2003. Data is separated and grouped by Section number (A, B, C, D, E, F, G, K). Because lot sizes vary, from 1 acre and up, data is adjusted to show price per acre for easy comparison. Data is plotted on price per acre graphs to easily see price trends, abnormalities and frequency of sales.
A Fair Market sale is a transaction between an informed, knowledgeable buyer and seller, where both parties know all relevant facts, when neither party is rushed, distressed, pressured, or forced to buy or sell, where there is an opportunity for negotiation, and the agreed price is comparable to other recent Fair Market Value (FMV) transactions involving similar properties in the area.
Fair Market sales do not include transfers between family members, inheritance, gifts, donations, foreclosures, tax sales, distressed sales, emergency, bankruptcy, grossly overpriced sales, bubble market sales, short-term sales, land flips or wholesale transactions. The buyer is usually a person, couple, family trust or long-term investor, acquiring property for personal use, retirement or long-term investment, not a business, land flipper or wholesaler, buying property for short-term sales inventory.
The report lists the parcel number, lot legal description, street address (if any), acreage, section, assessed value, sale date, sales price, price per acre and moving average price trends.
Price Graph 1 shows all fair market sales for Sections A, B and C (west side, down in valley below mesa, along Hwy 159), and the moving average price per acre for the last 5 sales.
Price Graph 2 shows all fair market sales for Sections D, E and K (west side of mesa), and the moving average price per acre for the last 5 sales.
Price Graph 3 shows all fair market sales for Section F (east side of mesa, near the lake, west of Section G), and the moving average price per acre for the last 5 sales.
Price Graph 4 shows all fair market sales for Section G (lakeside, lakeview or near the lake), and the moving average price per acre for the last 5 sales.
New: The latest version has added a Sales Summary page that shows the number of sales in each section, for each year since 2003.
The report also includes the lot census for Wild Horse Mesa, showing the number of vacant lots in each section and lots with addresses. Lots with addresses generally indicate a home or other building on the property and may also indicate a water well, electric power or scenic view point of the lake or mountains.
We also include valuable information on lot zoning from the county, Mountain Tract Access, mobile home census, water well depths, reservoir water levels, a recreation map and subdivision section map and driving map.
Customers who purchase the report are also welcome to call or send email with questions for follow-up support.
Be smart. Be informed. Avoid costly mistakes that lose money. Don’t hope or guess at prices or information.
Before you buy or sell or determine a market value for property on Wild Horse Mesa, buy our latest market research report to help you make an informed decision.
Our Wild Horse Mesa Market Report is available for $30 $20.
When we receive your payment, we will send you a password by email to open the Market Report PDF file shown below.
We have spent many hours gathering, compiling and analyzing data to produce this valuable market research report.
Buy your copy today!
After purchase, click here: >> Wild Horse Mesa Market Report $30 $20 (password required to open)
128-bit AES encryption, use Acrobat version 7.0 or later PDF reader
Contact Jerry Lucas at Jerry_Lucas@msn.com for more information.
P.S. You can also list or find property for sale in our SLV Classified Ads section.
Article on Costilla County Property Valuation Process and valuation protest procedure from Costilla County Assessor, April 21, 2011
Costilla County has over 46,000 parcels, with about 36,000 parcels of vacant land. The Market Approach to Valuation (sales comparison) is used on vacant land and residential property. Mass Appraisal is used to value parcels by analyzing sales within each subdivision. Notice of Evaluation statements are sent out on May 1st. You have 30 days to file a protest of the valuation if you believe it is inaccurate. After review, a Notice of Determination will be mailed to you after June 30th. If you disagree with the Notice of Determination, you also may file a protest with the County Board of Equalization.