RealtyLens
for saleRealtyLens property overview
$499,000

1029 Red Bud Ter

Madison, TN, 37115
View more Madison, TN property pages
2Beds
2Baths
1,349Sqft
$370$/sqft

Listing Notes

AMAZING NEW MODERN HOME tucked away in the trees on a quiet dead end street in Madison on OVER AN ACRE! Designed by local architect Ryan Thewes, this home is one of a kind! Angled walls and floor to ceiling windows flood this space with light! 2 BR/2BA + dedicated office space make this home everything you need! The generous outdoor space make this home feel bigger than it is and all the privacy and trees feel like you are in your own private sanctuary. Off street parking and large wooded lot offer privacy in the heart of Madison with space to add an addition or detached garage/accesory unit down the road. OPEN HOUSE SATURDAY 5/9 FROM 2-4!

Market Insights

Above nearby median+67%

$370/sqft vs a nearby median of $222/sqft.

Nearby median$222/sqft
Nearby properties8
Property size1,349 sqft
  • +67% versus the nearby median price per square foot.
  • Price history is limited, so current comps matter more than trend alone.
  • 1,349 sqft creates a usable price-per-square-foot read.

Pricing Read

Yardstick fair value$298k$273k$323k · 57% confidence
vs ask $499k+$201k (+40.3%)

Asking price is about 40.3% above where comps + adjustments land — there is room to negotiate.

$222/sqft median across 8 tight comps × 1,349 sqft= $299k
  • Modern construction+$4k +1.5%
  • Sparse street life−$4k −1.5%
  • Moderate flood-area edge−$1k −0.5%
Cumulative NYC adjustments−$1k−0.5%

Property Read

FreshnessVerification recommended

The page is useful for research, but the status and price should be verified before acting.

Market Position+67% vs nearby

The property is priced above the nearby median per square foot, so condition, building quality, and exact location need to justify the higher ask.

Price MovementInitial price point

Price history is still limited; review again as more market activity becomes available.

Diligence Read1 item to check
AI ReadinessReady to analyze
Assistant read

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Generated from the facts shown on this page and nearby market data. Not a professional appraisal.

Listing Details

Days on market
5 days
Last price change
No change recorded
Listed
May 8, 2026
Photos
28 photos
Property type
single family
Status
for sale
Last sold
Jan 24, 2024 · $15,000

Features & Amenities

Central AirCentral HeatDishwasherHardwood FloorsNew ConstructionPets AllowedSingle StoryWooded LandOpen HouseBig LotOversized LotOffice

Photos

Price History

May 8, 2026Initial record
$499,000for sale

You can also find this listing on Realtor.com.

Listing data sourced from realtor.com. RealtyLens enriches and contextualises it for you, but the original listing lives on the source.