Mungo Homes Communities in Richmond, Virginia
Mungo Homes in Richmond, explained by independent agents.
A long-established Southeastern builder, now part of Berkshire Hathaway’s Clayton, that entered Richmond by acquiring a local builder and is growing fast. Ninth by 2025 closings. Here is what they build and what it costs this week.
The Berkshire-backed builder growing in Richmond.
Mungo Homes was founded in South Carolina in 1954 and is now owned by Clayton Properties Group, the homebuilding arm of Clayton, a Berkshire Hathaway company. It came to Richmond by buying local builder CraftMaster Homes in 2021 and rebranded to Mungo in 2024, and it has been in growth mode here since. It builds the widest price range on this list, from $269,000 townhomes to $600s single-family.
Founded by Michael J. Mungo in Columbia, South Carolina. A long-established Southeastern builder.
Owned by Clayton Properties Group, the homebuilding arm of Clayton, a Berkshire Hathaway company.
Reached Richmond by acquiring local builder CraftMaster Homes in 2021, rebranded to Mungo in 2024.
Ninth-most homes closed in the Richmond region: 158 homes (HBAR via Richmond BizSense; dollar volume not reported).
Their team sells the homes. We work only for you, if you want that.
Mungo Homes’s on-site team knows these communities and will work with you directly if you prefer. Want your own representation instead? We protect your registration on day one, walk the lot with you, press for incentives and closing-cost help, review the contract and design-center pricing, and inspect at pre-drywall and final. Because Mungo Homes typically pays the buyer’s agent, this usually costs you nothing, confirmed in writing before you sign. Here are the pros and cons of having your own agent.
Transparency note. Mission Realty is an independent brokerage and is not affiliated with Mungo Homes. Mungo Homes does not pay to be featured here. If that changes, this line will say so.
Six Mungo Homes communities, across the region and the price range.
A representative set across counties, home types, and budgets. Mungo Homes builds more than these in the region; these best show the range. Pricing and status are as Mungo Homes published them on Saturday, October 3, 2026; confirm current numbers with the builder or with us.
McCauley Park
Mungo’s lowest entry price in the region: two- and three-story townhomes in King William off Route 360, with some larger plans and quick move-in homes.
Arcadia
A mix of attached and detached homes with a resort-style pool and clubhouse in Henrico, covering a wide range of sizes.
Sycamore Place
Three-story garage townhomes in Midlothian, with more homes completing in fall 2026.
Viniterra
Single-family homes on an 18-hole championship golf course between Richmond and Williamsburg, with a 55+ “Cottages at Viniterra” section as well.
Reed Marsh
Larger single-family homes on bigger Goochland homesites, west of the metro, for buyers who want space and a semi-rural feel.
Legacy Park at Magnolia Green
Larger single-family homes inside the amenity-rich Magnolia Green master-planned community, the top of Mungo’s Richmond range.
Community names and pricing belong to Mungo Homes and link to the builder’s site. Pricing shown as published on the refresh date; builders change prices and incentives often, so confirm before you rely on a number.
The questions buyers actually ask us, answered plainly.
Honest answers, builder-neutral. We keep these current through the monthly refresh.
Is Mungo Homes a good builder?
Mungo brings a long Southeastern track record and the backing of Berkshire Hathaway’s Clayton, with one of the widest price ranges in the market, from genuinely affordable townhomes to golf-course and master-planned single-family. Because it is newer to Richmond (it rebranded from CraftMaster in 2024), it is worth asking about the local team’s track record, and as always, budget for your own inspections.
Can you negotiate with Mungo Homes?
Mungo puts incentives on its move-in-ready homes and offers lender buydowns, and because it is actively growing market share here, it has reason to be competitive. Base prices on to-be-built homes move less. We track what Mungo is offering in Richmond each month.
Do you need your own agent to buy a Mungo Homes home?
No. Mungo Homes’s on-site team will work with you directly, and many buyers go that route. You can also bring your own agent, and because Mungo Homes, like most production builders, typically pays the buyer’s agent, having your own representation usually costs you nothing. We lay out the pros and cons of each path, and what each costs you at the design center and at closing, in a separate guide.
Is Mungo Homes the same as CraftMaster Homes?
Yes. Mungo entered Richmond by acquiring the local builder CraftMaster Homes in 2021 and rebranded the operation to Mungo Homes in 2024. If you remember CraftMaster communities, those are now Mungo. The leadership is local even though the parent company is national.
Where does Mungo Homes build in the Richmond area?
Across the region: Henrico, Chesterfield (Midlothian and Moseley), Goochland, New Kent, Hanover (Mechanicsville), and King William (Aylett). Prices run from the $260s for King William townhomes to the high $600s for larger single-family homes, so the right Mungo Homes community depends a lot on which part of the region you want and what you want to spend.
Tell us which one. We send the numbers before you visit the model.
The current incentives, the lots we would pick, and what comparable resales are closing for, by email, usually the same business day.
Mission Realty is an independent brokerage, brokered by REAL, and is not affiliated with Mungo Homes or Clayton Properties Group (a Berkshire Hathaway company). Community names and pricing belong to Mungo Homes and are shown as published by the builder on Saturday, October 3, 2026; confirm current pricing with the builder or with us. Builder ranking is from the Home Building Association of Richmond as reported by Richmond BizSense, April 16, 2026. Run by the Mission Realty Team, 3701 Cox Rd, Richmond, VA 23233, (804) 601-4960. Updated October 3, 2026.