Van Metre Companies

Van Metre Companies

Develops and sells new construction homes

Overview

Van Metre Homes develops and sells new construction homes in Northern Virginia, including single-family homes, townhomes, and condominiums. It builds planned communities with amenities and sells directly to end buyers at prices ranging from the upper $400Ks to mid-$800Ks, blending contemporary and classical design. The company offers multiple housing types and targets a broad range of buyers, from families to active adults 55+, across locations like Brambleton, Leesburg, Chantilly, and Haymarket. Its goal is to provide accessible, newly built homes within cohesive, amenity-rich communities that meet diverse lifestyle needs.

About Van Metre Companies

Simplify's Rating
Why Van Metre Companies is rated
C+
Rated C on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Real Estate

Company Size

201-500

Company Stage

N/A

Total Funding

N/A

Headquarters

Virginia

Founded

1955

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Simplify's Take

What believers are saying

  • Banner Heights adds 38 luxury townhomes in Alexandria, with reservations before summer 2026 end.
  • Ashberry became Manassas' largest planned community, expanding Van Metre's suburban pipeline.
  • June 2026 philanthropy awards and elite online reputation support recruiting and sales credibility.

What critics are saying

  • Northern Virginia concentration leaves revenue exposed to local zoning, absorption, and land-price swings.
  • Banner Heights' $1.25M+ pricing targets a thin Alexandria buyer pool this summer.
  • CEO Mike Dunleavy started January 28, 2026; strategy execution risk rises through 2027.

What makes Van Metre Companies unique

  • Banner Heights launched July 28, 2026 with digital-first home reservation and personalization.
  • Van Metre has 70-plus years in Northern Virginia and ranked #102 on Builder 100.
  • Ashberry and Banner Heights show unusually deep entitlements across Alexandria and Manassas.

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Benefits

Paid Vacation

Paid Sick Leave

Paid Holidays

Unlimited Paid Time Off

401(k) Company Match

401(k) Retirement Plan

Wellness Program

Professional Development Budget

Company News

BLDUP
Jul 28th, 2026
Van Metre Homes to break ground on luxury backyard townhomes in Alexandria this fall.

Van Metre Homes to break ground on luxury backyard townhomes in Alexandria this fall. Today, Van Metre Homes announced it will break ground this fall on 38 townhomes at Banner Heights, joining EYA in bringing the community to life. Interested buyers can now join an Early Access waitlist to receive homesite details, pricing, and availability as they're finalized. Van Metre's townhomes will be built around a premium outdoor living experience, with a private, covered roof terrace and a dedicated backyard that never faces directly into another home. Even as Northern Virginia townhome buyers have grown accustomed to trading outdoor space for location, demand for private yards has only intensified in recent years. Van Metre's answer at Banner Heights is a single, highly versatile townhome floorplan built around a backyard on every home, priced from the $1.25+ millions, offering up to 5 beds, 4.5 baths, a 2-car garage, and 3,086 square feet across four levels. Buyers can choose from 20 distinct ways to personalize before move-in, from interior finishes and additional bedrooms to an in-home elevator, covered terrace, wet bar, dry bar, and electric fireplace. "Banner Heights is unlike anything Van Metre Homes has built before: a true luxury townhome, with finishes and outdoor living opportunities to match Alexandria's most discerning buyers," said Kevin Rabil, President of Homes and Manufacturing at Van Metre Companies. "This community is a reflection of where Van Metre Homes is headed, expanding beyond the communities we're known for and into the kind of elevated, urban-adjacent living our buyers have been asking us for." Beyond the homes themselves, Banner Heights sits within a walkable, well-established setting: Kingstowne Towne Center directly across the street, trails connect on foot to Kingstowne Lake and Huntley Meadows Park, and residents gain access to a community park and playground, a putting green, landscaped courtyards, and the Kingstowne Residential Owners Corporation's pools, tennis and pickleball courts, and fitness centers. "Banner Heights was at the top of our list the moment the site became available. A location this established, this walkable, and this close to Kingstowne doesn't come along often. There's also something full-circle about it: Van Metre's story began over 70 years ago at Burke Lake, not far from Banner Heights, so building in Alexandria feels less like breaking new ground and more like coming home," said Kevin Campbell, President of Land at Van Metre Companies. Van Metre's sales experience at Banner Heights will be digital by design, a program buyers can expect going forward. Early Access registrants can select and reserve their homesite entirely online, personalize key design options, and write a contract before the end of Summer 2026, ahead of a broader community opening once the first homesites deliver. Visit VanMetreHomes.com/BH to register for Early Access. Create a free BLDUP account to keep reading. BLDUP Basic gives you access to real estate and construction news and insights you won't find anywhere else. Create free account Free Account. Takes ~30 seconds.

Citybiz
May 2nd, 2024
Van Metre and Brookfield Residential Announce a New Joint Venture

Van Metre, in partnership with Brookfield Residential, is excited to announce the next phase of development in the already established Snowden Bridge community in Stephenson, Virginia.

BNN Breaking
Mar 5th, 2024
Van Metre Homes and Manassas Unveil Ashberry, Largest Residential Community in Northern Virginia

Van Metre Homes, in partnership with the City of Manassas, has announced the development of Ashberry, poised to be the largest residential community in Manassas, Virginia.

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