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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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  • Adding Wood Flooring? Here’s How to Prepare Your Home for Demolition

    Adding new wood flooring to your home’s floors is an excellent way to revive a space, add visual interest or increase your home’s resale value. A simple wood floor installation can change the entire look of a room. Before work begins, there are several things you should do to prepare: Sound sub-floor.  New wood flooring should be laid on a clean, smooth,…

  • Prepare for Your New Countertop Installation with These Tips

    Most kitchen renovations involve replacing countertops throughout the space. Because the countertops are a focal point of the room’s design, the installation must go smoothly. Before the installation begins there are several things that should be done to prepare. Make sure to: Choose a suitable material. There are a wide variety of countertop materials to choose from. Do…

  • Turn Your Master Closet Into a Hidden Retreat

    Its time to elevate the closet! In your home, the master closet should obviously serve as a space to hold your clothes, shoes, and accessories, but it can be so much more. Transforming your master closet into a hidden retreat simply requires a shift in perspective and a few functional upgrades. Consider adding: Natural light. Adding…

  • Building Up: Add an Additional Story to Your Home or Guest House

    When investigating home remodeling ideas, you may have realized that adding an additional story is a great way to increase square footage. There are important structural and design considerations to make when adding a second story to your home. Before work begins, talk to your contractor about: Design cohesion. A second story addition should look like it…