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553 Lavender Way, Canton, MS, 39046

4beds
3baths
2,002sqft
$412,000
$206price/sqft
$2,780/moest. monthly cost
$111,200/yrincome needed

About This Home

Welcome to the newest phase of Glenwild Subdivision. 553 Lavender Way is a stunning new construction home with all the details. This open split floor plan has an ample-sized family room that is finished off with an informal dining area with an accent wall. The kitchen has a reeded island and fixtures that compliment. The hallway leading to the primary suite has a perfectly positioned formal office. The primary suite boasts of a lovely tray ceiling and a bathroom consisting of double vanities, separate shower/tub and an ample sized closet. Across the home are two guest quarters. One hallway at the front has two bedrooms and one full bath. At the back of the home is another bedroom with an additional full bath. Glenwild is a gated community located in the Germantown School District. It has plenty of green space as well as a neighborhood pool to enjoy. Make this home today!

Getting Around

6
WalkingCar-Dependent
0
TransitVery Limited Transit
26
BikeSomewhat Bikeable

Schools

8/10
Germantown Middle SchoolGrades 6-82.6 mi
8/10
Germantown High SchoolGrades 9-122.4 mi

Construction

Condition

  • Property condition: New Construction
  • New construction: Yes
  • Year built: 2026

Materials

  • Foundation: Slab
  • Roof: Architectural Shingles
  • Construction materials: Brick

Type & Style

  • Home type: SingleFamily
  • Architectural style: Traditional
  • Property subType: Residential,Single Family Residence

Interior

Appliances

  • Appliances included: Cooktop,Dishwasher,Disposal,Microwave,Oven
  • Laundry features: Laundry Room

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 3
  • Full bathrooms: 3

Features

  • Ceiling Fan(s),Crown Molding,Kitchen Island,Open Floorplan,Double Vanity
  • Flooring: Tile,Wood
  • Fireplace features: Den
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Central,Fireplace(s)
  • Cooling features: Ceiling Fan(s),Central Air,Gas

Interior Area

  • Total structure area: 2,002
  • Total interior livable area: 2,002 sqft

Property

Details

  • Parcel number: Unassigned

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: Patio
  • Exterior features: See Remarks

Lot

  • Lot size: 6,534 sqft
  • Features: Interior Lot,Level

Parking

  • Total spaces: 2
  • Parking features: Garage Door Opener
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

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

  • Tornado
    TornadoVery High
  • Cold Wave
    Cold WaveRelatively High
  • Heat Wave
    Heat WaveRelatively High
  • Lightning
    LightningRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Hail
    HailModerate
  • Inland Flooding
    Inland FloodingModerate
  • Ice Storm
    Ice StormModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Tornado
Cold Wave
Heat Wave
Lightning
Strong Wind
Hail
Inland Flooding
Ice Storm
Winter Weather

FEMA Declared Disasters in Madison County and Mississippi

Severe Storm
Straight Line Winds
Tornado
Winter 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 $2,083$24,996
Home Insurance *$293$3,516
Property Taxes $212$2,544
Electricity $192$2,304
Total$2,780$33,360
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$95,314/yr
40% on housing$83,400/yr
45% on housing$74,133/yr

Mississippi FAIR Plan Programs

Mississippi Windstorm Underwriting Association

Covered
HailHail
WindWind
Visit Website →

Mississippi Residential Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 2,237Commercial: -4
Total Premiums$1.77M
Total Exposure$137.66M

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: 5.3%
5.3%
0%30.0%
Electricity Growth Rate10-year average: 4.2%
4.2%
0%15.0%
Property Taxes Growth Rate2-year average: -1.3%
-1.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$206This listing

vs Other Active Listings

Avg $/sqft

ZIP 39046$140
Madison County$198

vs Homes Sold Last Month

Median $/sqft

ZIP 39046$173
Madison County$172

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
2026-05-06Listed for sale$412,000

New Construction

AgentChristi S Chandler
BrokerageThe Compass Group

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