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$574,990

553 Canal Cir

Nashville, TN, 37214
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4Beds
3.5Baths
2,347Sqft
$245$/sqft

Listing Notes

Discover this stunning new construction home at 553 Canal Circle in Nashville, built by M/I Homes. This thoughtfully designed 4-bedroom, 3.5-bathroom home offers 2,347 square feet of comfortable living space with an open-concept design that seamlessly connects the main living areas. Key Features: Open-concept living space Patio Owner's en-suite bathroom with a dual-sink vanity Second-floor game room Walk-in closets in each bedroom The home's floorplan maximizes both privacy and togetherness, with the owner's bedroom conveniently positioned on the main level. The open-concept living space creates an inviting atmosphere where family and friends can gather comfortably. This neighborhood offers excellent proximity to parks, providing outdoor recreation opportunities just minutes from your door. The area's quality of design standards ensure a cohesive and attractive community environment. The home's thoughtful layout includes well-proportioned bedrooms and bathrooms strategically placed throughout the 2,347 square feet of living space. Each room has been designed with both functionality and comfort in mind. With new construction quality and M/I Homes' reputation for excellence, this home represents an exceptional opportunity. The combination of smart design, quality materials, and desirable location creates an ideal setting for comfortable living. Contact our team to learn more about 553 Canal Circle! MLS# 3186063

Market Insights

Below nearby median-9.6%

$245/sqft vs a nearby median of $271/sqft.

Nearby median$271/sqft
Nearby properties8
Property size2,347 sqft
  • -9.6% versus the nearby median price per square foot.
  • Price history is limited, so current comps matter more than trend alone.
  • 2,347 sqft creates a usable price-per-square-foot read.

Pricing Read

Yardstick fair value$634k$599k$669k · 85% confidence
vs ask $575k−$59k (−10.3%)

Asking price is about 10.3% below the fair value — likely to draw competing offers if it's still on market.

$267/sqft median across 6 tight comps × 2,347 sqft= $625k
  • Modern construction+$9k +1.5%
Cumulative NYC adjustments+$9k+1.5%

Property Read

FreshnessCurrent market data

The listing facts are current enough for an initial property review.

Market Position-9.6% vs nearby

The asking price per square foot is below the nearby median, which can be worth a closer comp check.

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
3 days
Last price change
No change recorded
Listed
May 9, 2026
Photos
36 photos
Property type
single family
Status
for sale

Photos

Price History

May 10, 2026Initial record
$574,990for 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.