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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.

  • Planning Tips for Executing a Flawless Kitchen Remodel

    Remodeling a kitchen may seem like a daunting task, but with the proper preparation and the right planning, executing a flawless custom kitchen remodeling is within the reach of any homeowner. Here are some steps on how to get started: Dream Big but Reasonable A dream kitchen is about getting everything you want. But budgetary…

  • Add a Secondary Sink in Your Kitchen to Ease Cooking and Cleanup

    If you enjoy cooking or frequently entertain guests in your home, you might want to consider adding a secondary sink to your cooking area. A properly placed secondary sink can make a huge difference in your kitchen, giving you an additional area for food prep and post meal clean up that will transform both your kitchen’s form…

  • Does It Ever Make Sense to Do a Home Building Project Yourself?

    The do-it-yourself home improvement fad has grown stronger over the last few years, with television programs and websites cropping up with ideas and instructions.  It can be very inspiring to watch someone on a thirty minute show put up their own walls and crown molding, with beautiful results each time. But when it comes time…

  • Brighten Up Your Bathroom with Natural Light

    One room that benefits the most from natural lighting is one that rarely receives it: the bathroom. As you plan your custom home or bathroom remodel, you should consider creating a bathroom design that allows you to bring sunlight into the space. The bathroom design trends for master bathrooms in particular have featured designs that…