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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.

  • Enjoy the Quiet and Comfort of Upholstered Walls in Your Custom Home

    Upholstered walls can add beauty, visual interest, and quiet to any room. Although they may seem extravagant they are a great way to set your home’s design apart. Upholstered walls will work in any room, are incredibly versatile in their design, and provide a touch of luxury. Traditional Kids by Newport Beach Interior Designers &…

  • Consider an Efficient Gas Fireplace When Planning Your Dream Home

    The cold Connecticut winter is upon us and many homeowners are already enjoying the beauty and comfort of their home’s fireplace. Although wood burning fireplaces provide exceptional ambiance, they can also be a hassle. A gas fireplace is an excellent way to enjoy the beauty and warmth of a fire without all of the work. A…

  • Turn Your Attic Into a Holiday Storage Dream Space

    Many homeowners face a common challenge of having enough storage space for all of their holiday decorations. The decorations look great during the holiday season but then you have to find a place to store them the rest of the year. Transforming your attic space into storage for holiday decorations may be just the solution…

  • The Psychological Reasons We Appreciate Symmetry

    It’s no secret that we’re naturally drawn to a room designed with symmetry in mind. The balance speaks to us and makes the room feel harmonious. But did you know that there are deep psychological reasons our brains are drawn to symmetrical designs? We are drawn to symmetrical designs because they: Feel Natural: Symmetrical designs feel…