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422 Brady Canyon Rd, Ruidoso, NM, 88345

2beds
2baths
1,228sqft
$235,000
$191price/sqft
$1,573/moest. monthly cost
$62,920/yrincome needed

About This Home

Secluded, fully furnished, 2 bedroom 2 bathroom, plus loft, Cabin that sits on an acre+, overlooking the valley and creek. A few great features of this modern open floor plan include: vaulted ceilings, new laminate flooring, stainless steel appliances, updated bathrooms, new wood burning stove, 6 inch insulation throughout the property, and a metal roof. The property is located just a few feet into the county on a private road and needs interior finishing touches. Great opportunity to make this property your own!

Getting Around

7
WalkingCar-Dependent
0
TransitVery Limited Transit
2
BikeSomewhat Bikeable

Schools

6/10
Ruidoso Middle SchoolGrades 6-82.3 mi
4/10
Ruidoso High SchoolGrades 9-122.4 mi

Construction

Condition

  • Property condition: Other,Updated/Remodeled
  • Year built: 2010

Materials

  • Roof: Metal
  • Construction materials: Wood Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Cabin,Mountain
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Washer/Dryer Stacked,Dishwasher,Electric Range,Microwave,Refrigerator,Stainless Steel Appliance(s)
  • Laundry features: Stacked

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Eat-in Kitchen,Open Floorplan,Loft,Main Level Primary
  • Flooring: Laminate
  • Number of fireplaces: 1
  • Fireplace features: Wood Burning Stove
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Baseboard,Electric,Wood Stove
  • Cooling features: Ceiling Fan(s),None

Interior Area

  • Total interior livable area: 1,228 sqft

Property

Details

  • Zoning: Rural
  • Other equipment: None
  • Horse amenities: None

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: Covered,Front Porch
  • Fencing: None
  • Has view: Yes
  • View description: Creek/Stream,Trees/Woods
  • Has water view: Yes
  • Water view: Creek/Stream
  • Waterfront features: See Remarks

Lot

  • Lot size: 1.13 Acres
  • Features: Irregular Lot,Sloped Up,Wooded

Parking

  • Parking features: Driveway,Gravel
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Wildfire
    WildfireVery High
  • Lightning
    LightningRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Inland Flooding
    Inland FloodingModerate
  • Ice Storm
    Ice StormModerate

How This Home’s Risks Compare

Wildfire
Lightning
Winter Weather
Inland Flooding
Ice Storm

FEMA Declared Disasters in Lincoln County and New Mexico

Fire
Flood
Mud Landslide
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,188$14,256
Home Insurance *$132$1,584
Property Taxes $105$1,260
Electricity $148$1,780
Total$1,573$18,876
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$53,931/yr
40% on housing$47,190/yr
45% on housing$41,946/yr

New Mexico FAIR Plan Programs

New Mexico Property Insurance Program

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 7,506Commercial: 306
Total Premiums$5.96M
Total Exposure$950.67M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 12.9%
12.9%
0%30.0%
Electricity Growth Rate10-year average: 2.0%
2.0%
0%15.0%
Property Taxes Growth Rate2-year average: 5.7%
5.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$191This listing

vs Other Active Listings

Avg $/sqft

ZIP 88345$165
Lincoln County$203

vs Homes Sold Last Month

Median $/sqft

ZIP 88345$266
Lincoln County$275

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-04-11Price change$235,000
2025-10-10Price change$249,500
2025-06-24Listed for sale$285,000
2016-12-16Listing removed$74,900
2016-11-02Pending sale$74,900
2016-10-01Price change$74,900
2016-07-27Pending sale$79,500
2016-04-23Listed for sale$79,500

For Sale by Agent

AgentScott L. Roser
BrokerageRoser Real Estate

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