
FREQUENTLY ASKED QUESTIONS
FREQUENTLY ASKED QUESTIONS
Questions we hear every week
If you do not see your question here, call us or schedule a consultation and we will walk you through it.
Do you build on my lot or only yours?
Both. If you already own a lot, we will meet with you and talk through a home plan we currently build or a fully custom project on your property. If you do not have land yet, we have homesites available today in Chapel Ridge, Renaissance and The Reserve at Lakeland Meadows, and we can help you find the right lot for the home you want.
How long does the process take?
It depends on the size of the home, how long the design phase takes and how quickly selections are made. Our process runs in nine steps, from the first consultation through closing day and warranty, and we will give you a realistic timeline for your home at your first consultation.
Can I customize your floor plans?
Yes. You can start from a plan we currently build or design something fully custom. We have a designer on staff to help you narrow down your options, and through the design process we typically talk through hundreds of design alternatives before anything is final.
What is included in your standard pricing?
Your price is built from your approved plans and specifications. Allowances for finishes are set at levels typical for your home's size and price, and if an item is not in the plans or specifications, it is not in the contract price. The design deposit covers a full set of plans, an engineered foundation and geotechnical soil testing, and it is credited toward the purchase price of your home.
What makes Peavy Homes different?
We have been building new homes in the Greater Waco area since 2005. You work with a designer on staff, you get a personal login page where you can follow your construction stages and message your builder and designer, and your home is backed by a warranty: one year on workmanship and materials, two years on major mechanical and plumbing, and six years structural.
Do you offer financing?
We do not finance homes ourselves, but we work closely with a preferred lender who knows our new home construction loan timelines: John Boyd, Branch Manager at Extraco Banks in Waco. At your first consultation we can also recommend other professionals who can explain the construction loan process.
Where do you build?
We build in the China Spring, Hewitt, Lorena, McGregor, Robinson, Waco and Woodway areas of McLennan County, in our own communities and on lots our buyers already own. We also build on your lot in Bosque County, including Clifton, Meridian and Valley Mills.
Do you have homes available now?
Yes. We build homes for sale in several communities, so at any time we have homes in progress, near completion or finished and ready to close on your timeline. See our homes for sale, and tell us how quickly you need to move.
What warranty comes with a Peavy home?
Every new Peavy home comes with a home warranty: one year bumper to bumper on workmanship and materials, two years on major mechanical and plumbing, and six years of structural coverage through StrucSure.
Still have a question?
Ask us in person. A consultation is where we talk through your lot, your timeline and your budget.
Or call (254) 230-9662