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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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  • Things to Consider Before Beginning Your Kitchen Remodel

    The idea of remodeling a kitchen may seem quite daunting, but it doesn’t have to be! To help you get started, here are four questions that you should answer before you even contact a remodeler: How do I like to live? – Your kitchen needs to tailor to your lifestyle.  Determine if you cook and entertain, or if it…

  • Consider PEX Piping for Your Next Remodeling Project

    There are a lot of choices to be made when considering materials for a remodeling project  and one of the most important areas in this regard is plumbing. While copper and PVC have been the standard for years, a new product, cross-linked polyethylene (PEX), is gaining momentum as the new product of choice. Here are…

  • Follow These Tips to Create a Harmonious Shared Office Space

    A shared home office may seem difficult to manage if you’ve become accustomed to your own space. You may wonder if you’ll be as productive in a shared office or if you’ll have enough individual space. However, a shared office is a great way to maximize the space in your home and create a dedicated…

  • Seven Crucial Steps to Creating Your Dream Home

    Source: Country Club Homes Creating and building the home of your dreams may initially seem like a daunting task. However, it can be done with a minimum amount of stress if you take the time to do some planning. Here are seven crucial steps to this process. First, set your goals and second, establish the budget…