Building a new home in Central Virginia does not have to mean paying fully custom-home prices. NBS Homes offers a more affordable way to build a new home on your own land.
In this guide, we compare typical custom home costs in Central Virginia with NBS Homes pricing and explain how site work, selections, financing, and your property can affect the total project cost.
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In Central Virginia, many custom and semi-custom new homes start in the $400,000s to $600,000s before land and site work, with larger or more highly customized homes going higher.
Because these homes are custom, every major design and finish choice can affect the price. Choices that can move the budget up or down include:
When you're building on your own land, there may be additional costs to prepare the property for construction. That can include clearing, grading, driveway access, utility connections, well and septic systems, drainage, and other work specific to the lot.
NBS Homes currently offers four established floor plans starting between $199,900 and $349,900 for the home itself.
Our current lineup includes:
Those are starting prices for the home itself. They do not include the land, property-specific site work, available upgrades, or other lot-related expenses.
NBS Homes builds the same four floor plans instead of designing a new home from scratch for every customer.
That repetition creates efficiencies. Our subcontractors know the plans, pricing can be negotiated around volume, and many construction details have already been worked through on previous builds.
That is a big part of how NBS Homes keeps the process and the price more predictable.
NBS Homes includes defined standard finishes with each floor plan, along with a limited number of upgrade options. Choosing upgrades can increase the final home price, but the selection process is intentionally more limited than a traditional custom build.
That helps keep both pricing and decision-making more predictable.
The starting price covers the home itself with the standard specifications for that floor plan.
That generally includes:
You can also choose from a limited number of upgrades and finish options.
The starting price does not include property-specific costs such as:
Your property's condition can significantly affect the total cost to build a house in Virginia. Even when the home price is fixed, the work required to make a particular lot ready for construction can vary widely.
Some lots need very little preparation. Others may require:
The more work required to create a usable homesite, the more it can add to the project cost.
Many rural properties in Central and Southern Virginia are not connected to public water or sewer.
Depending on the lot, you may need a private well, septic system, and utility extensions to reach the home. Costs can vary based on soil conditions, system requirements, and how far utilities need to travel.
A longer driveway may require more clearing, grading, stone, drainage, and utility work. If the entrance connects to a VDOT-maintained road, additional access requirements or permitting may also apply.
Slope, easements, setbacks, and the available building area can influence where the home can be placed and how much site work is required.
A relatively flat, open lot will generally be simpler to develop than a steep, wooded property with limited access.
A build-on-your-land home is typically financed with a construction loan or construction-to-permanent loan rather than a standard mortgage used to purchase an existing home.
With a construction-to-permanent loan, the lender finances the home during construction and then converts the loan into a permanent mortgage after the build is complete. If you already own the land, its value may also count toward the equity required for the project, depending on the lender and loan program.
NBS Homes works with Atlantic Coast Mortgage as a preferred lending partner, but buyers are welcome to use their own lender.
It is helpful to talk with a lender early so you understand how the home price, land value, site work, and available cash or equity fit into your overall budget.
The most accurate way to estimate your project is to start with the NBS Homes floor plan you want and the specific property where you plan to build.
If you already own land, send NBS Homes the property address along with anything you already know about the lot. If you are still shopping for land, you can also send a listing before you buy.
From there, NBS Homes can help identify the main questions that may affect the project cost. Additional surveys, soil evaluations, engineering, or local approvals may still be needed before every cost is known.
NBS Homes currently offers four floor plans starting between $199,900 and $349,900 for the home itself. Land, site work, upgrades, and other property-specific costs are additional.
The house price is only one part of the budget. Clearing, grading, utilities, driveway access, well and septic, and other lot-specific requirements can all affect the final cost.
No, if you are still looking for land, we can help you identify questions to ask before you buy so you have a better idea of whether the property is a good fit for the home you want to build.
Yes. NBS Homes works with Atlantic Coast Mortgage as a preferred lending partner, but you are welcome to use another lender.
NBS Homes gives you a simpler, more affordable way to build a new home without starting from scratch. We work throughout Central and Southern Virginia, with a process designed to help you understand the next steps and what to expect.
Ready to get started? Contact NBS Homes to talk about your land, your floor plan, and your budget.