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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: Second Empire

    The Second Empire style was most popular in the United States in the 1860s and 1870s, particularly in the Northeast and Midwest. In its time, the style was considered modern and fashionable, simultaneously favored in France and the United States by affluent homeowners.   The style originated in France, where some French architects used the…

  • New Canaan Residence Receives Home Makeover

    Long known as a premier address in New Canaan, CT, this home on Oenoke Ridge Road combines classic shingle-style, detailed workmanship and modern amenities. Modest in size from the exterior, yet 10,000 square feet, the home is characterized by high ceilings, substantial moldings and columned entry ways.   The wide front porch and custom distressed…

  • Cool Neutral: Charcoal Gray Interiors

    Gray has become an interesting and sophisticated alternative to beige as a reliable neutral in recent years. Gray is a chameleon-like color that can look modern or traditional depending on the layout, lighting and overall design of a space. Darker grays in particular convey a cool elegance that is the perfect backdrop for experimenting with…

  • Unique Opportunity for Business Collaboration

    Are you looking for office space? Country Club Homes, Inc. has a unique business collaboration opportunity for a local architect, interior designer or trade contractor. We would like to rent space at our office, 462 Danbury Road, Wilton, CT, to a company in the residential home building industry. The space available is approximately 685 sf to 1,200 sf….