RealtyLens
for saleRealtyLens property overview
$275,900

1727 W Southfield Cir

Memphis, TN, 38016
View more Memphis, TN property pages
2Beds
2Baths
1,886Sqft
$146$/sqft

Listing Notes

Beautiful Canterbury floorplan with plenty of pluses. New flooring throughout the home. May be used for 2 or 3 bedrooms or 2 bedrooms and a dining room. Ceiling fan in every room. Large sunroom/office, and plenty of closet space, including one closet with storage space. Large kitchen with Corian counter tops, laundry room with sink, 2 car garage, and oversized patio. All on one level. Washer and dryer (as-is), refrigerator (like new),double oven stove, microwave (like new). Roof was replaced about 4 years ago. HVAC was also replaced. Spacious with lots of natural light. Gas fireplace in great room.

Market Insights

Above nearby median+14%

$146/sqft vs a nearby median of $128/sqft.

Nearby median$128/sqft
Nearby properties8
Property size1,886 sqft
  • +14% versus the nearby median price per square foot.
  • Price history is limited, so current comps matter more than trend alone.
  • 1,886 sqft creates a usable price-per-square-foot read.

Pricing Read

Yardstick fair value$244k$228k$260k · 74% confidence
vs ask $276k+$32k (+11.6%)

Asking price is about 11.6% above where comps + adjustments land — there is room to negotiate.

$128/sqft median across 6 tight comps × 1,886 sqft= $240k
  • Modern construction+$4k +1.5%
Cumulative NYC adjustments+$4k+1.5%

Property Read

FreshnessVerification recommended

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

Market Position+14% 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 Read2 items to check
AI ReadinessReady to analyze
Assistant read

Generate a buyer-agent read of this listing — pricing, risks, comp check, and negotiation leverage. Takes a few seconds.

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

Listing Details

Days on market
3 days
Last price change
No change recorded
Listed
May 9, 2026
Photos
3 photos
Property type
condos
Status
for sale

Price History

May 10, 2026Initial record
$275,900for 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.