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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.

  • Inspiration for Creating a Separate Painting Studio for Your Hobby or Career

    If you love to paint, either for a career or as a hobby, you know that it should be done in a dedicated space. Painting requires specialized equipment, materials with specific storage requirements, and a warm space with plenty of light. Painters often try to paint in a spare room or the cold garage but…

  • Luxurious Ways to Take Your Home’s Crown Molding to the Next Level

    Adding crown molding to a home’s design brings a bit of elegance to any room. The design possibilities are nearly limitless as the molding comes in a wide variety of styles and sizes and can be easily customized to create a one-of-a-kind look. Crown molding helps finish a room and is a detail that sets the design…

  • Not Sure What You Want in a Home? Look at What Other People Love for Inspiration

    Sometimes, in the midst of designing a new custom home or making decisions for a renovation project it can be a challenge to stay inspired. The choices become overwhelming, you want to make sure you’ll be happy with each decision, and you may worry that the house won’t work for your family once finished. Don’t worry!…

  • If You Love Reading, Incorporating a Book Nook Into Your Home is a Must

    Whether you choose to read on an electronic device or you still love the feel of a paper book, a book nook is the perfect way to incorporate your love of reading into your home. Creating a space dedicated to reading gives you a place to relax, recharge, and escape. There are no rules when…