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Single Family ResidentialResidential
$1,002,254$171 / ft²
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 91How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Sep 24, 2026

7118 HIGHWAY 518

RANCHOS DE TAOS, NM 87557
0
Baths
5,860 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
0.35 ac
Lot SizeThe size of the land the home sits on, from county records.

Valuation

$1M
$910K low$1.1M high

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$2,266 (2025)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$107,001 (2026)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$14,555
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$92,446
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$103,885
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$321,003

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residential
CountyTAOS
Lot (acres)The size of the land the home sits on, from county records.0.35
PoolWhether the property has a pool, and what kind, such as in-ground.No

Neighborhood · ZIP 87557These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.61
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.80
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.88

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.88%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.25%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.15%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.0.9%
PopulationHow many people live in this area.6,691
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.68 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$51,395
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$75,552
Average tempThe average temperature here across a full year.43°F
Annual precipHow much rain and melted snow falls here in a typical year.21 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.76%

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Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

7118 Highway 518 measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Worth more than 95% of homes in Ranchos de Taos 87557
  • Costs less per square foot than 95% of homes in Ranchos de Taos 87557
  • Among the largest homes in Ranchos de Taos 87557
  • Has a smaller lot than 83% of homes in Ranchos de Taos 87557

What homes are worth in Ranchos de Taos 87557

Each bar is how many homes fall in that price range. The marker is this home.

This home
$190K$1.2M

This home is worth more than 95% of homes in Ranchos de Taos 87557.

How it measures up in Ranchos de Taos 87557

The dot is this home. The mark in the middle is the typical home in Ranchos de Taos 87557.

Estimated value$1,002,254
CheaperTypical $461,212Pricier

Pricier than 95% of homes nearby

Price per ft²$171
CheaperTypical $289Pricier

Pricier than 5% of homes nearby

Living area5,860 ft²
SmallerTypical 1,414 ft²Bigger

Bigger than almost all homes nearby

Lot size0.35 ac
SmallerTypical 1 acBigger

Bigger than 17% of homes nearby

How 7118 Highway 518 ranks against every home in each area.
MeasureThis homeRanchos de Taos 87557Taos County
Estimated valuepricier than$1,002,25495% of homes94% of homes
Price per ft²pricier than$1715% of homes6% of homes
Living areabigger than5,860 ft²almost all homesalmost all homes
Lot sizebigger than0.35 ac17% of homes22% of homes

About 7118 Highway 518

How much is 7118 Highway 518, Ranchos De Taos, NM worth?

The TopHap Estimate for 7118 Highway 518, Ranchos De Taos, NM is $1,002,254 as of Sep 24, 2026. The likely range is $910,339 to $1,094,169. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 7118 Highway 518, Ranchos De Taos, NM last sell?

7118 Highway 518, Ranchos De Taos, NM last sold on Jan 1, 1900, according to the county's recorded deed.

How big is 7118 Highway 518, Ranchos De Taos, NM?

7118 Highway 518, Ranchos De Taos, NM has 5,860 square feet of living space and a 0.35-acre lot.

How does 7118 Highway 518, Ranchos De Taos, NM compare to other homes in Ranchos de Taos 87557?

Among the 3,705 homes in Ranchos de Taos 87557, it is worth more than 95% of them ($1,002,254 against a typical $461,212), its price per square foot is higher than 5% of them ($171 against a typical $289), it is bigger than almost all of them (5,860 ft² against a typical 1,414 ft²) and its lot is bigger than 17% of them (0.35 ac against a typical 1 ac). Measured against all of Taos County, it is worth more than 94% of homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 7118 Highway 518, Ranchos De Taos, NM?

The 2025 property tax bill for 7118 Highway 518, Ranchos De Taos, NM was $2,266. The county assessed it at $107,001.

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See this home in context

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