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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.

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    Universal design is the process of creating a home that works for all residents, regardless of ability or age. Many universal design homes are created specifically for homeowners that are in wheelchairs or have other physical needs, but universal design goes beyond adding ramps and making sure doorways are wide enough to accommodate a wheelchair….

  • A House Full of Secrets: Designing a Home With Hidden Passages for Convenience and Privacy

    If you love a good mystery you know that secret passageways are the epitome of suspense and intrigue. What is behind that door and through that hidden passage? Secret passageways can be built into your home to boost privacy and convenience. Our favorite passageway ideas include the: Bookshelf doorway. It may look like a wall full of…

  • Driftwood Architecture is a Gorgeous Way to Bring the Outdoors Into Your Home

    One of the most wonderful things about coastal living, aside from the stunning views, is the vast array of design ideas you can draw upon from the sea.  While common design features like ship motifs and seashells have to walk a fine line to avoid moving from tasteful to kitschy, one oceanic design element is…

  • Consider the Practical Beauty of Cedar Roofs

    Best known for their undeniable beauty, cedar roofs offer a host of other benefits to homeowners. They are incredibly durable, environmentally friendly, and stand up to even the worst weather conditions. If you’re considering installing a cedar roof as part of your construction project take the time to understand the material before you begin. Cedar roofs…