Sure. That is assuming the owner (you only I presume?) has a valid active contractors license to build an entire home from the foundation to the roof. While you very well may have such a license, I myself don't know any "remodeling" companies that are licensed for top to bottom construction. Folks generally use a building contractor for that.
If you are a W-2 employee of the S-Corp I would recommend that you not pay yourself as an employee for any work that you may do on your house in the process. Otherwise, you'll find yourself paying taxes on your money twice.
You will be paying the S-corp with money you have already paid taxes on. Then the S-Corp will be paying you a wage for the work you do on the house, and that wage income reported on your W-2 will be taxable income to "you" again.
