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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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    Whether you install a pre-made sauna or choose to have Country Club Homes create a custom sauna for you, this addition can help transform your home into a private retreat. When you add a sauna to your home there are several important factors to consider: Materials   Cedar is the classic choice for a sauna because…

  • Should You Move Out During Your Home Renovation?

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  • Preparing for Demolition: How to Handle Unexpected Issues

    As you would expect, the first stage of any remodel is to remove any unwanted materials so that the new ones can be installed. This demolition of a space can sometimes be aggravating, especially if an unexpected issue should arise. Still, with a little planning and preparation, the demolition stage can go smoothly. Here are…

  • Maintain a Healthy Relationship Throughout Your Remodel with These Tips

    Remodeling is a stressful process. The disruption of your regular habits, and the pressure to stay on-time and under budget can easily strain your relationships. However, there are things you can do to help make sure that your relationships remain healthy during your home’s remodeling project. Source:  Country Club Homes Work collaboratively. Differing design styles can be…