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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.

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    2014 was a great year for the custom home industry. Recent data collected by the National Association of Home Builders indicates that 2014 saw a 20 percent growth in custom home construction. It is important to acknowledge that this is a small segment of the overall construction industry because it identifies just projects with homes constructed on…

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  • Architectural Features to Consider for a Beautiful Nautical Kitchen

    Nautical inspired home design has been a part of traditional New England homes for years. Subtle references to the sea help create a look that is classic while also feeling fresh and new. If you’re hoping to create a nautical inspired kitchen during your home remodeling project consider adding the following: Circular windows Installing a single circular…

  • New England Home Style of the Month: Georgian

    Classic Georgian architecture was prevalent throughout the eastern seaboard of the United States in the mid-1700’s. These homes were known for a classic roof line, traditional proportions, and attention to symmetrical detail. Many traditional Georgian homes featured a brick exterior, an abundance of windows, and decorative elements such as pediments over the windows and elaborate…