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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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  • When Stone Can Work in the Kitchen

    At Country Club Homes, we have found that many homeowners shy away from using stone when making custom kitchen remodeling plans. They mention loving the look of stone, but they seem to think it will look to rustic or will be hard to clean. We’re ready to bust these myths once and for all. Stone…

  • Study Up: The Many Ways a House Can Be Smart

    Home technology trends are always changing. Right now, many of our customers are focusing on making their homes more interactive and technology-driven. These so-called “smart houses” start with just a few simple gadgets. We suggest incorporating a few of your favorites to raise your home’s IQ: Modern Home Electronics by Salt Lake City Home Media…

  • Beautiful Ways to Make Your Yard as Luxurious as Your Home Interiors

    Your home is a well-decorated and luxurious getaway from the stresses of the world. Why should your backyard not be the same? Creating a beautiful home exterior gives you a lovely place to enjoy nature and beautiful weather with your friends and family — think backyard barbecues, relaxing nights in the hot tub, and quiet mornings…

  • Get Inspired by Unique Pools This Summer When Planning Your Custom Home

    Swimming pools don’t have to be squares or rectangles. The most interesting ones not only offer a place to relax, but also serve as exciting decor elements that enhance the look of your entire yard. Keep these pool design ideas in mind as you plan your new dream home layout. A lounge area, immersed in…