382 Richards DR, Buda TX 78610

The estimated value of this property is $756,882, based on 7 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $573,000 and $583,000. In the current RUBY RANCH market with 3 similar homes available, this price represents the most expensive of 3 comparable homes on the market. The smaller floor plan (373 sqft compared to the average comp) is a meaningful differentiator in this price range. The 1.39 acre lot (smaller than the 2.55 acre average) is reflected in the estimate. Current inventory shows 3 comparable homes in RUBY RANCH; a balanced market based on recent absorption. Recent trends in RUBY RANCH show home values have risen 5.1% since 6 months ago. The most comparable recent sale is 681 Bartlett DR W, Buda TX 78610, with an adjusted value of $607,815; with a larger floor plan. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group