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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.

  • A Cool Basement Solution to Inspire Your Own Home Design

    Millions of homes across the country have basements, but few have a basement as functional as this indoor/outdoor design found in Washington State. These homeowners envisioned a space where its difficult to determine where the outside ends and where the inside begins. There are several details from this basement that you could use to inspire…

  • Think Outside the Box Shaped Room and Let in More Light

    In custom home design its important to think outside of the box. We suggest getting creative with room shapes and home layout instead of relying on box-shaped rooms. A simple shift away from the standard square room allows more light to pour into the room and helps create an airy feel. At Country Club Homes we understand…

  • May New England Home Style of the Month: Federal

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  • Add Layers of Interest to a Large Space With Clever “Mini Rooms”

    One of the hottest trends in home remodeling is creating mini-rooms within larger spaces. There are a variety of reasons for wanting to add a mini-room including privacy, visual interest, and an innovative use of space. If you are interested in a mini-room consider adding it to your: Playroom – Playrooms are all about whimsy and fun and a great way to elevate…