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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.

  • Make it Crafty: A Custom Craft Room in Your Home

    Whether you’re creating paper pumpkins and bats for a Halloween party this weekend or daydreaming about crafting in a dedicated space throughout the year, here are some tips for creating the perfect craft room in your home. Plan Your Space: Your craft room should be designed to accommodate the tasks you will spend the most…

  • Green & Energy Efficient Building

    There are a myriad of decisions to make when deciding on “green” products and systems for your home. For some, it means taking advantage of everything out there, and making sure that the process has been coordinated to result in the best end product with the smallest footprint on our planet. For others, it may…

  • Sweet Dreams: Elements of a Restful Master Bedroom

    A bedroom that invites peaceful relaxation creates a better quality of life. A good night’s sleep promotes mental and physical health. Keep the following in mind when considering your bedroom remodel and sweet dreams will be yours!   Color: Warm earth tones such as coppers, creams and tans are best for creating a cozy atmosphere. Soft,…

  • Mirror, Mirror on the Wall: Powder Room Reflections

    In a small space like a powder room, the mirror makes a strong impression. This important design element is often the first thing and the last thing a visitor sees. The right mirror can make your powder room feel larger and establish a stylish focal point in the room.   Get creative and experiment with…