Homes

A wide variety of architectural styles and a tremendous spread of price points are available in the housing market.

As of July 2016, there were approx. 300 homes in Grand Cayman on the MLS from US$100,000 to US$39,950,000. There were 19 homes for sale in Cayman Brac and Little Cayman listed from US$80,000 to US$1.3 million. It is best to take counsel with a CIREBA realtor who should know the areas, styles, and amenities to suit your desires. One may also consider building, however in many instances, better value may be found in already built homes, so make sure you invest the time to exhaust the available options before custom building, unless you are very specific in your requirements. Contemporary seems to be the mood of the moment for some of the more recently built homes, but there are also quite a lot of Mediterranean, Island and Ranch style options.

Some property areas sell faster than others, thus considerably better value may be found just ten or fifteen minutes out of the George Town and Seven Mile Beach areas where the vast majority of the population works, schools are located, etc. Consideration should be taken as to the re-sale time frame of any home purchased as absorption rates can traditionally hold properties on the re-sale market for some length of time.