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  • Tips for Financing a Fairfield County Home Remodeling Project: PART II

    As a follow-up to our recent post, ‘Tips for Financing a Fairfield County Home Remodeling Project: PART I’, Fairfield County custom home builder Country Club Homes, Inc. offers additional tips on project financing to educate area residents who may be considering embarking on a home remodeling project.

    Depending on the size of your project, a home remodeling project can be a large investment of time, energy and money. Today’s post concerns pre-project planning items, such as a project budget, contingency accounts, and extras cost items. These tips are from a recent helpful NAHB article entitled, “Financing Your Home Remodeling Project“.

    Here at Country Club Homes, Inc., we have found that having a project come in right “on budget”, or even under budget, is a very critical goal. There are a few ‘best practices’ to adopt to make sure your project is well organized, and on budget. These include:

    Contingency Account: Plan to allocate approximately 80% of what you can afford for the remodeling, to the main project budget. Create a contingency account of 20% in reserve to cover changes and unforeseen problems. This is standard procedure across the construction industry, acknowledging that there are often unforeseen issues that impact the project before it is finished. The home owner needs to be well prepared for these contingencies.

    Extra Costs/Revisions/Upgrades: It is important to remember that any costs such as changes or upgrades that are added after the construction contract is signed, will be considered extras. They will affect the overall budget and project timeline.

    Scope of Work: It is very important to define the total scope of work, or full extent of the project, up front; and to stay focused on completing that work. Refraining from expanding the scope of work will protect the budget, and the project time line, as well.

    If you are seeking home remodeling design and construction expertise for your Wilton, New Canaan or Fairfield County, Connecticut home, contact Country Club Homes at 203-762-0550. Visit the Country Club Homes, Inc. website to see beautiful interior and exterior home images in our online portfolio.

    Image source: Country Club Homes Inc.

  • Home Style of the Month: Colonial Revival

    A uniquely American style, Colonial Revival was initially inspired by a surge of patriotism and was most popular from 1895-1945. The Philadelphia Centennial of 1876 created a renewed interest in the historical architecture of the United States. Architects began studying early Colonial homes and translated the original ideas into larger homes with an emphasis on…

  • What Trends are Underfoot? Ideas for Wood Flooring

    Beautiful flooring is the underpinning of any stylish home. The ideal flooring is a smart combination of visual appeal and durability and wood floors have reliably accomplished that combination for centuries. Here’s a look at some of the most popular options in wood flooring today. Pale and neutral washes, especially gray, are having a moment…

  • Get Organized: Ideas for A Home Office

    The start of a new year often means a commitment to eliminating clutter and getting organized at home. Here are some ways your home office can do a better job of making your life easier and more efficient. Just like any successful work project, designing your home office requires deliberate planning. Think about how you…

  • A New Outlook: Window Styles

    Thoughtful window design and placement emphasizes a sense of style in your whole home remodel and dramatically affects the look and feel of your space. Windows can create a deeper connection to surrounding nature by framing views and bringing natural light and circulation into your home. Here’s a look at some of today’s most popular…