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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.

  • New Construction on South Avenue, New Canaan, CT

    Happy New Year! May this new year turn all you dreams into reality and all your efforts into achievements. If you’ve seen some action going on at 310 South Avenue in New Canaan, we are in the process of building a new custom home. Demolition is complete and construction has commenced. Another project of ours on South…

  • Fresh New Year: All White Rooms in Home Design

    All white rooms aren’t for everyone but if you are attracted to this design idea there are some strategies to keep in mind for successful decorating with white as your main color. An all white room feels fresh, clean, sophisticated and creative. Perhaps the most exciting thing about an all white space is its versatility….

  • Home Style of the Month: Greek Revival

    The Greek Revival style became popular in the United States shortly after the War of 1812, when resentment towards the British lingered. The style evoked a spirit of democracy and communicated an awakening interest in the art and culture of ancient Greece. Before its appeal spread to homes throughout the Eastern and Southeastern United States,…

  • A Fabulous Foyer for the Holidays

    With Christmas just hours away, holiday guests will soon be arriving at your doorstep. Your foyer is the first impression your visitors will have of your home. Here are some ideas for creating a stylish and inviting foyer for the holidays: Natural Winter Greenery Fresh amaryllis bouquets, magnolia leaves and pine garlands are just some…