Home Improvements
H O M E I M P R OV E M E N T S
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Home Improvements - Make A Return On Your Investment
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Before You Begin
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Construction Management
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Interior Designers
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Indoor Improvements - Kitchens - Bathrooms - Colours & Accessories - Doors & Windows - Curtains, Draperies & Blinds - Flooring, Tile & Carpet - Home Automation & Electronics - Painting & Roofing Contractors
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Outdoor Living & Gardens - Landscapers - Garden Trends
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Swimming Pools - Pool Safety For Kids
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Four key questions to ask yourself before renovating: 1.
Is the project a good investment?
2. How will the project impact your home’s appraised value? 3. How long do you plan to be in your home? 4. How strong is the resale market in your neighbourhood?
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CAYMANRESIDENT 2022
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Photos courtesy of Living.ky
Home renovation tips, suggestions for interior designers, kitchen, bathroom, flooring, doors, windows, swimming pool installers and more.
HOME IMPROVEMENTS
Improving the exterior and interior of your home on a regular basis is essential for maintaining its well-being over time and can also add value if you plan on selling it in the future. Alternatively, renovating a home can simply be about your desire to stay in step with modern aesthetics. Whether it is a simple, do-it-yourself project or a full-scale renovation, the Island’s impressive selection of professional craftspeople, contractors and homeware stores can help bring your vision to reality. Make a Return on Your Investment The kitchen and bathroom(s) are two rooms you must examine carefully when you first look at a home. These rooms are usually the costliest to remodel, but they are far more likely to pay for themselves if you ever choose to sell your house. You can typically recover up to 80% of your investment when you spend your money on an upgrade to your kitchen or bathroom. However, not all remodelling projects yield a return. Swimming pools, for instance, come with an expensive installation fee and on-going maintenance costs that can quickly add up. In a warm climate like Cayman, pools can increase your home’s resale value – but only marginally and you likely won’t make a return on overall investment. Remember that a home improvement project need not be costly, as this does not always equate to value added. Often it is the minor upgrades that are not only the most effective in improving the appearance of your home but producing greater dividends in the long run. Instead of overhauling your entire kitchen, you could repaint the walls, change the backsplash and upgrade a few appliances to give
