Eagle Construction of Virginia closed 156 homes in Richmond in 2025 worth $112.1 million, an average of about $718,000 per home. That is the highest average in the region’s top ten and $300,000 above Ryan’s. Eagle is owned by Markel, the Henrico insurance and investment company, and it has spent the last three years pivoting from Hallsley-style estate lots toward townhomes in the city and 55+ communities in the suburbs. If your picture of Eagle is a brick colonial on a half acre, it is out of date.
This guide covers Eagle’s twelve active communities, the insured ten-year warranty, the four preferred lenders, and what 686 surveyed buyers say. Daniel Yoon is a Certified New Home Co-Broker (NHCB) representing buyers on new construction across the Richmond metro.
Eagle Construction at a glance
| Ownership | Markel Ventures, a subsidiary of Markel Group (NYSE: MKL), since 2013. Founded 1984 by Bryan Kornblau and Bud Ohly. Headquartered at 10618 Patterson Avenue, Henrico, with a Glen Allen office on Old Brick Road. |
| 2025 Richmond closings | 156 homes, $112.1 million (165 and $115 million in 2024) |
| Price range in the metro | $394,900 (Villetta Pointe townhomes, Mechanicsville) to $934,900 (McRae and Lacy townhomes, Richmond City) |
| Product types | Townhomes, single-family, 55+ (three communities), semi-custom on select lots |
| Warranty | Eagle Advantage insured ten-year: one year workmanship, two years systems, years three to ten structural |
| Preferred lenders | CMG Home Loans, TowneBank Mortgage, Prosperity Home Mortgage, United Bank |
| Website | eagleofva.com Richmond communities |
Closings from the HBAR rankings via Richmond BizSense, April 2026. Ownership per Virginia Business.
Where Eagle is building right now
| Community | Location | Product | From price (Aug 2026) |
|---|---|---|---|
| Villetta Pointe | Mechanicsville, Hanover | Townhomes, 1,082 to 1,782 sq ft | $394,900 |
| Brunswick | Mechanicsville, Hanover | 55+ townhomes, 1,692 to 2,330 sq ft | $440,900 |
| Creek’s Edge at Stony Point | Richmond City | Townhomes | $539,900 |
| Readers Branch townhomes | Manakin-Sabot, Goochland | Townhomes | $580,639 |
| The Parke at Cold Creek | Moseley, Chesterfield | 55+ single-family | $584,900 |
| Readers Branch single-family | Manakin-Sabot, Goochland | Single-family | $629,900 |
| Sweetspire | Glen Allen, Henrico | 55+ single-family | $714,900 |
| Foushee Mews | Richmond City | Townhomes | $829,900 |
| West Broad Village | Glen Allen, Henrico | Single-family | $859,990 |
| McRae and Lacy | Richmond City | Townhomes | $934,900 |
| The Blufftons | Richmond | Single-family, 3,106 to 4,460 sq ft | Not listed |
| The Aire at Westchester | Midlothian, Chesterfield | Townhomes | VIP list |
Count them: seven of twelve are townhomes, three are 55+, and only Readers Branch, West Broad Village, and The Blufftons are conventional single-family. Hallsley, the community most people associate with Eagle, is not on the active list because Eagle’s sections there are built out and what remains is resale and custom lots. If you want the Hallsley version of Eagle, you are buying a resale or looking at Hallsley’s custom builders.
The city townhomes are where Eagle is unique. Foushee Mews, McRae and Lacy, and Creek’s Edge are new construction inside Richmond at $540,000 to $935,000, a category that otherwise barely exists. Nobody else in the top ten builds there at that level.
Every Eagle quick move-in, and every other builder’s, is on our new home search at showingnew.com/dyoonnewhomes.
What you get in an Eagle home
Eagle’s included tier runs above every production builder in this series: eight-foot solid-core interior doors on many plans, site-finished or engineered hardwood rather than LVP in main living areas, tile showers rather than fiberglass in primary baths, and a design studio staffed by consultants who get named in reviews. On single-family lots Eagle will modify plans within limits, which is the “semi-custom” in its description. On townhomes it is a production builder with a higher spec.
The trade-off is price per square foot and timeline. An Eagle townhome at Creek’s Edge costs roughly what a Main Street single-family costs in Chesterfield, and to-be-built timelines run longer than Ryan’s because the lower volume means less trade crew redundancy. Our Richmond builders comparison positions Eagle against the three volume builders.
The Eagle Advantage warranty
Eagle publishes its terms on its warranty page: an insured ten-year builder’s limited warranty with one year workmanship and materials, two years on electrical, plumbing, and mechanical systems, and years three to ten on defined structural elements. Claims go through the My Eagle homeowner portal, and there is a 24-hour emergency line. The insured part puts Eagle in the same tier as HHHunt and ahead of Ryan, Lennar, and D.R. Horton, whose published warranties are builder-backed only. The page does not state transferability; ask. Full table in our Richmond builder warranty comparison.
Lenders and incentives
Eagle has no in-house mortgage company. Its partners page lists four preferred lenders (CMG, TowneBank, Prosperity, United Bank) and four title companies, plus Eagle Realty of VA, its in-house brokerage. Incentives in 2026 have included a 4.99 percent rate offer in its New River Valley division and $15,000 to $20,000 price cuts and credits on Richmond inventory per NewHomeSource. Four competing lenders inside the incentive is a better structure for the buyer than a single captive lender; shop all four and one outsider. Our incentives guide explains how.
What Eagle buyers say (with links)
Eagle has the largest survey-based review sample of any locally headquartered builder, and that sample is the most useful number here.
- Avid Ratings: 4.2 out of 5 across 686 post-closing surveys, 49 percent five-star and 3 percent one-star. Praise: “from the start of selections all the way through final walkthrough, every person was professional and genuine.” Complaints: post-move-in punch lists needing “quite a bit of follow up, repairs,” and on spec homes, “Eagle clearly cut corners to deliver a lower quality product.”
- Zillow builder profile: 4.2 out of 5 across 645 ratings, 89 percent would recommend (quality 4.3, value 4.1, responsiveness 4.2).
- Better Business Bureau: A+, accredited since 1985, zero customer reviews, two complaints in three years. One, from 2023, describes Allura fiber-cement siding cracking on a 2017 home, with the owner spending about $32,000 to replace it. The other, from 2024, is a drainage problem between two houses.
- BuildZoom: 3 out of 5 across 3 reviews and 3,213 permits. “The drywall is very cheap.” “They promise quality construction, and are challenged to keep that promise.”
- Yelp, Henrico and NewHomeSource testimonials (builder-curated).
Our read: a 4.2 across 686 surveys with 3 percent one-star is the cleanest review profile of any builder in this series. The Allura siding complaint is worth one question: Allura was the subject of a national class-action settlement over cracking boards, and several Richmond builders used it between roughly 2014 and 2019. If you are buying an Eagle resale from that era, ask what the siding is. New Eagle homes do not use it. The spec-home comment matches what we see everywhere: a to-be-built gets more attention than an inventory home, so inspect inventory homes harder.
Who Eagle fits in Richmond
Eagle fits the buyer who wants new construction inside the city at a finish level the production builders do not offer. It fits the 55+ buyer choosing among Sweetspire, Brunswick, and The Parke at Cold Creek. It fits the Goochland buyer at Readers Branch who wants a low-maintenance single-family with a clubhouse. And it fits the buyer who will pay for an insured warranty and a design consultant.
It does not fit the buyer who wants a large single-family lot, which Eagle is no longer building much of, or the buyer under $400,000. For the estate-lot version of this price band, compare Main Street Homes in Powhatan and Goochland. For the same semi-custom tier with more single-family inventory, Schell Brothers and Boone Homes, which we profile next in this series.
Frequently asked questions
Is Eagle Construction a good builder? Eagle scores 4.2 out of 5 across 686 Avid Ratings buyer surveys and 4.2 across 645 Zillow ratings, with 3 percent one-star on Avid and two BBB complaints in three years. It publishes an insured ten-year warranty. Its homes cost more per square foot than any volume builder in Richmond.
Who owns Eagle Construction of Virginia? Markel Ventures, part of Markel Group, the Henrico-based insurance and investment company, since 2013.
How much does an Eagle home cost? From $394,900 for a Villetta Pointe townhome in Mechanicsville to $934,900 at McRae and Lacy in Richmond City. The 2025 average sale was about $718,000.
Does Eagle still build in Hallsley? Eagle’s Hallsley sections are built out. Current Eagle inventory is in Richmond City, Glen Allen, Mechanicsville, Manakin-Sabot, Moseley, and Midlothian.
What is the Eagle Advantage warranty? An insured ten-year limited warranty: one year workmanship, two years systems, years three through ten on structural elements, with claims through the My Eagle portal and a 24-hour emergency line.
Looking at Readers Branch, Sweetspire, or a city townhome?
We know which Eagle inventory homes have taken a price cut and which lots at Readers Branch back to the open space. Daniel Yoon is a Certified New Home Co-Broker, ABR, and SRS with eXp Realty. Call or text 804.896.2694, or browse every new home in the region at showingnew.com/dyoonnewhomes. For the full field, read our Richmond builders comparison.