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USD to KYD Exchange Value: 0.84
USD To GBP: 0.76214
USD To CAD: 1.27998
USD To CNH: 6.3209
 
NORCECA Volleyball Circuit will commence with the first continental tournament for the year in the Cayman Islands from 25 to 30 March. 

The tournament is being hosted by the Cayman Islands Volleyball Federation (CIVF) and will consist of both Women's and Men's Beach Volleyball games. 

According to a media release, the Cayman Islands Olympic Committee (CIOC) is assisting the CIVF with some of the funding needs for this regional event, and will work with the CIVF towards the success of the tournament. 

CIOC said it is hoped that with this tournament and subsequent ones throughout the region in the coming months the Cayman Islands will qualify a beach volleyball team to participate in the Caribbean Games 2009 in Trinidad & Tobago in July. 

Read the full press release at CaymantNetNews

USD to KYD Exchange Value: 0.84
USD To GBP: 0.76214
USD To CAD: 1.27998
USD To CNH: 6.3209
 
There are some remodeling projects that may not provide the best value for homeowners. Real estate experts typically point to expensive additions, such as home theatres, swimming pools and wine cellars, as the riskiest remodeling projects. The key to determining if such luxurious projects will add sufficient value to the home and allow the homeowner to recoup the value lies in assessing what is right for the neighborhood. For instance, a home with two bathrooms could gain significant value when a new bathroom is added if all the surrounding properties have three or more bathrooms. Likewise, if you reside in an area where swimming pools are expected, prospective homebuyers probably won't see your addition as an unnecessary liability.  

Most importantly, keep in mind that renovations and remodeling projects may not be as simple as they seem. It is wise to weigh the risks and to consider what is best for your local market before starting any project. If you are unsure what types of remodeling projects would add value in your neighborhood, consult your local Coldwell Banker real estate agent to get a better understanding of what your buyers will value. 

USD to KYD Exchange Value: 0.84
USD To GBP: 0.76214
USD To CAD: 1.27998
USD To CNH: 6.3209
 
Cayman Islands Realty, of Coldwell Banker Island Affiliates, is fortunate to have several listings on High Rock, a beautiful waterfront area still undeveloped. 

High Rock is located about 17 miles East of Georgetown and the airport. Its waterfront features a very rugged coastline somewhat reminiscent of that of Northern California (on a smaller scale) with sheer rocky cliffs falling away to the ocean some 40 feet below.  

It is known for its Blowholes where ocean water surge from below is forced up through fissures in the rock and explodes into plumes, which rise 20 to 30 feet in the air.  

Aside from a few homes, there has been little development in the area and not too much in the way of foliage - which also adds to its rugged natural feel. On a tropical island which is made up of coral and limestone and is generally low lying, High Rock is one of the higher areas, and yet, because of its lack of beach and difficult water access, the land prices there are very reasonable, and the views are sensational. 

Power, water, and phone service are available on the main road. Septic tanks for residential buildings would be required. 

Contact any Coldwell Banker agent for information on our listings and the buyer opportunities on High Rock.

USD to KYD Exchange Value: 0.84
USD To GBP: 0.76214
USD To CAD: 1.27998
USD To CNH: 6.3209
 
For Honouring Women Month, Government's Empowerment and Community Development Agency (ECDA) honoured women of the Cayman Islands whose lives have been, or were, a heroic journey. 

Names of the honourees were announced at a ceremony on the front lawn of the Government Administration Building Monday, 9 March during observance of International Women's Day that was marked Sunday. 

Government Information Services has said that an exhibition featuring these honourees will be displayed at all Honouring Women Month events. 

To read the names of the women honored, visit CaymanNetNews

USD to KYD Exchange Value: 0.84
USD To GBP: 0.76214
USD To CAD: 1.27998
USD To CNH: 6.3209
 
If you are like most homeowners, you probably view your home as your most important investment. Diligent homeowners often treat their homes like stock portfolios or savings accounts and always try to add value to their properties. While there are many ways to increase the value of a home, one of the most utilized methods for homeowners is the remodeling project. However, despite the remodeling successes of many homeowners, remodeling a home is not always a guarantee of added value or increased interest from potential buyers. Hence, homeowners may want to take care in how they renovate their homes, especially when there is volatility in their local housing markets. With that in mind, there are few remodeling projects that are more likely to add value to a home and allow the homeowner to recoup the costs when selling.  

Based on numerous studies of the real estate market, here are the best remodeling projects to increase the value of your home and generate the most interest from prospective buyers: 

Kitchen
As one of the most used rooms in any home, upgrades made to the kitchen are always appealing to prospective buyers. Studies show, however, that the homeowners earn the most value when performing modest upgrades including new cabinets, countertops, floors and well-priced appliances. Hence, homeowners often don't need to worry about including luxury products when remodeling the kitchen. 
 
Bathroom
In many cases, remodeling an existing bathroom can raise the value of the home as much as any other project. As bathrooms can typically be remodeled very affordably, this has long been a favorite project of homeowners looking to increase the value of their homes. Though the eventual recouped value seems to be contingent on region, most homeowners who remodeled existing bathrooms experienced better return on their investment than those that added new bathrooms to their homes. 
 
Windows  
Though not as visible as remodeled kitchens or bathrooms, there are few remodeling projects that improve the overall quality of a home better than new windows. For instance, smart home buyers will recognize that new windows will not only make the home more comfortable and attractive, but will also save on cooling costs.  
 
Siding
Though new siding and other exterior improvements may not be possible or necessary for some homeowners, no other remodeling project generates a better response from prospective buyers. Nationwide, the value recouped by homeowners that installed new siding is matched only by successful kitchen remodeling projects. 

Tune in next week for Part 2, which discusses remodeling considerations in our warm climate. 

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