Ruby Forest is a medium-sized subdivision on the northern edge of Suwanee, GA. There are around 400 homes in the development, built primarily between 1993 and 1998… although there were some homes built into the early 2000s. Most of the homes are 4-5 bedrooms, but there are some 3 bedroom homes and some with 6 bedrooms (generally including bedrooms in finished basements).
It is close to George Pierce Park, with access from parts of the subdivision to the walking/biking trails at the back of the park. There are numerous sports fields, in addition to the trail system which connects to the Suwanee Creek Greenway Trail System. It is also only a few minutes from Suwanee Town Center, which hosts all sorts of events, year round.
For sellers in Ruby Forest, things are looking better. Inventory is down. Prices have stabilized. Ruby Forest was hit pretty hard with foreclosures a few years ago. Prices crashed, with homes selling down into the low-mid $100k range. Now they are back into the low-mid $200k range.
As I write this, there is one listing that is pending lender approval (a short sale), that listed at $140k. There is one that is pending sale with a contingent contract (likely the buyers need to sell a home) that was listed at $250k. Finally, there is one listing that is active at $300k.
If you are interested in finding out more, give Lane a call.
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