Improving both the exterior and interior of your home on a regular basis is essential for maintaining its well-being over time and can add value if you plan on selling it in the future.
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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.
Return on Your Investment
The kitchen and bathroom(s) are 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 ongoing 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 your 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 the room a fresh new look.
When envisaging what the result of your home improvement project will look like, consider how long you intend to be in your home. If it is not going to be for the long-term, it may be wise to avoid spending a great deal of money on trendy or unusual design schemes.
Before You Begin
Before you begin tearing out your kitchen or pulling up floors there are several important steps to take and questions to ask yourself prior to embarking on a design project.
The four key questions to ask yourself before renovating are:
- Is the project a good investment?
- How will the project impact your home’s appraised value?
- How long do you plan to be in your home?
- How strong is the resale market in your neighbourhood?
Once you are sure that you want to begin the home renovations and it’s in your best interest, consider speaking with an expert for how best to proceed.
If your renovation project requires any structural, framing, demolition or remodelling work, then you may want to consider employing a construction manager. An experienced construction manager will be able to offer advice on how to improve the layout of a room or home and make the most of a space. They will also be able to advise on the best materials for your project in terms of both sustainability and ongoing maintenance to ensure that the renovation lasts and retains its value.
For a complete list of construction management companies, see Building in Cayman.
Hiring an interior designer doesn’t have to be an expensive luxury. More often than not, a good interior designer will save you money in the long run, especially if you’re new to decorating and renovating. Read more for the benefits of hiring an interior designer and a list of designers on island.
Improving Your Home
Guide to remodelling your kitchen in the Cayman Islands with recommended contractors, list of kitchen showrooms and places to buy new kitchen appliances.
Cabinets & Custom Millwork
List of companies in the Cayman Islands offering custom millwork, built-in cabinetry and kitchen cabinets.
Guide to remodelling your bathroom in Cayman with recommended contractors and places to buy new bathroom fixtures like sinks, toilets, tubs and vanities.
Doors & Windows
List of companies in the Cayman Islands to purchase new doors and windows.
Flooring & Carpets
Guide to Cayman's flooring, carpet and rug companies that sell and install carpets, area rugs, ceramic tile, marble, hardwood and laminate.
Choose the best window treatment or shade solution for your home to keep out the hot Cayman sun.
Home Security Systems & Monitoring
List of companies in the Cayman Islands that offer home security system installation and ongoing monitoring.
Storage & Organising Solutions
Custom closets, storage and organizing solutions in Grand Cayman: find companies that offer custom design and purpose built storage, shelving and closets.
Home automation systems have come a long way in Cayman. Turn your home into a smart home with the capability to link all your audio visual devices, control air conditioning, secure the house and adjust lighting via your smartphone or tablet, whether at home or miles away.Read More
Outdoor areas are a key extension to homes in Cayman, thanks to the Island’s warm and mostly sunny climate. A well-designed outdoor space can add to the marketability of your property. If your outside area needs an overhaul, then here are some questions to consider before you begin the process.
A swimming pool is a great addition to any home in the Cayman Islands, providing a year-round source of recreation for both adults and children.