island Property News
CAOB discuss the future of Construction in Bermuda
investment Expert tips for investing if you are thinking of selling
winners Our Realtors have picked their best Contractors for 2018
Your Dreams. Our Priority. Join Kevin and Nora as they share their journey to homeownership. View the video at www.hsbc.bm/mortgages • • •
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Spectacular Properties Inwood House & Cottage
A unique opportunity to own a fabulous estate in central Paget. The house was built in the 1700’s and sits on four acres of completely private and secluded property. There is also a two bedroom carriage house for extra guests or income. The house and cottage are full of Bermuda charm with beautiful cedar beamed ceilings and large raised fireplaces and panelled walls. There are also two lots which could be sold separately. This is a truly stunning property.
The house was built by Col. Francis Jones, Searcher of the Bermuda Company, in 1700. Bermuda cedar was used exclusively in the framework and the interior of the house. The wood floors and some window frames have been replaced with pine but the doors, the surrounds of the six fireplaces, the beams in the entrance and living room, the stairwell and the support beams in the upper hallway and the guest bedroom are original and thus ‘antique’. This four acre property has an additional fully equipped two-storey cottage of the same vintage as the main house. The grounds are graced by large spacious lawns bordered by garden plots. A spacious garage and storage area sits next to the cottage.
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Gillian Butterfield T (441) 234-6900 • F (441) 234-6892 • firstname.lastname@example.org • www.property-group.com
T: (441) 234-6900 C: (441) 534-7746 email@example.com
www.ipn.bm • Contractors Awards Issue • Island Property News 3
island Property News Realtors: The Property Group. . . . . . . Pg 3 Related Services: A&M Construction Ltd.. . . . . Pg 13 Argus. . . . . . . . . . . . . . . . . . Pg 19 BAC . . . . . . . . . . . . . . . . . . . Pg 13 Bermuda Cleaning Limited. . . Pg 5 Bermuda Elite Cleaners . . . . Pg 16 Bermuda Forwarders . . . . . . Pg 12 Bermuda Security Services. . Pg 13 BF&M. . . . . . . . . . . . . . . . . . Pg 10 C.F. Batson Swan. . . . . . . . . Pg 15 Clear Water Systems . . . . . . Pg 18 Cold Snap Services. . . . . . . . Pg 12 DHPS Limited. . . . . . . . . . . . . Pg 8 HSBC. . . . . . . . . . . . . . . . . . . Pg 2 Inspired . . . . . . . . . . . . . . . . Pg 14 Inspired Fitness . . . . . . . . . . Pg 16 Lindo’s. . . . . . . . . . . . . . . . . Pg 20 Mello’s General Maintenance.Pg 15 The Property Group. . . . . . . . Pg 10 Sea-M Electric. . . . . . . . . . . Pg 10 Selectron . . . . . . . . . . . . . . . . Pg 8 Souza Carpets . . . . . . . . . . . Pg 15 T. Rance Services. . . . . . Pg 8 & 15 True Blue Pool Services . . . . . Pg 8 Vinyltech. . . . . . . . . . . . . . . . Pg 13 Rentals. . . . . . . . . . . . . . Pg 17-18
Welcome to our 2018 Contractor Awards
The Future of Construction............... By Simon Tully
It is with great pleasure that the CAOB is once again a sponsor for the IPN Contractor Awards for 2018. Well maintained homes and honest vendors will consistently be in demand due to the high standards that we set for ourselves, which sets Bermuda apart from the rest if the Caribbean.
11 Return on Investment............... By Heather Chilvers What you should and shouldn’t invest in if you are thinking of selling. If you’re into renovation projects, then updating and revamping your home can be a lot of fun. But before you get too excited about knocking down walls you might want to consider resale value.
Island Property News Contact: Jennifer Ward Tel: (441) 236-2025 Email: firstname.lastname@example.org Publisher: Jennifer Ward Circulation: 5,000 Printed by: Island Press Ltd. Managed and Designed by: Inspired Limited
It’s that time of year again, where we praise our award winners and talk all things contractors. They are the ones we turn to, for help with improving our homes. This month is all about who stood out in 2018, where to find them and what ask when working with them.
ave a browse of some amazing properties available to rent H through our Listed Realtors.
IPN Listed ReALTORs
Become one of our listed realtors in print and on online at www.ipn.bm - email email@example.com for information
Bermuda Longtail Real Estate Ltd.
P.O. Box SN 184, Southampton SN BX T. 232-2769 • C. 535-2769 E. firstname.lastname@example.org www.bermudalongtailrealestate.com
Cranfields Property Bermuda Ltd.
P.O. Box 433,Warwick, WK BX T. 305-8074 • E. email@example.com www.bda4sale.com
JBM Realty & Associates 4 Fort Hill, Devonshire DV 02 T. 234-2050 • C. 331-5532 E. firstname.lastname@example.org www.jbmrealtyandassociates.com
Kim Sheen Properties PO Box 408 Sandys MA BX T. 734-1264 E. email@example.com www.kimsheenproperties.bm
P.O.Box WK713, Warwick WK BX C. 504-7945 E. firstname.lastname@example.org www.bdarealestate.com
81 Cobbs Hill Road, Warwick PG 04 T. 234-7287 • E. email@example.com www.masterkey.bm
4 Island Property News • Contractors Awards Issue • www.ipn.bm
PO Box 594, Warwick WKBX T. 232-2387 • E. firstname.lastname@example.org www.moongatebda.com
The Property Group
Nautilus House, 82 South Road, Warwick T. 234-6900 • E. email@example.com www.property-group.com
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295.1378 www.ipn.bm • Contractors Awards Issue • Island Property News 5
Welcome to our 2018 Contractors Awards! By Jacqueline Ward, Island Property News
It’s that time of year again, where we praise our award winners and talk all things contractors. They are the ones we turn to for help when improving our homes. However picking the right contractor can make the difference between a job done right and an utter nightmare. That’s why this month is all about who stood out in 2018, where to find them and what ask when working with them. Throughout the year we are constantly running into people who work on some sort of aspect of the home. From security companies to general contractors to tech gurus to surveyors we are lucky enough to hear about them, see their awesome work and learn more about their trade. At its core, that is what our Contractor Issue and our annual Contractors Awards awards are all about. Not only does it praise contractors for a job well done but also it’s the opportunity for contractors big and small to talk about their trade and share their business with the island. As a small business we know how hard is it to get your name out there and in Bermuda reputation means a lot.
Word of Mouth:
It can be difficult to hire contractors and know what you’re getting. Word of mouth is so important, especially on such a small island. Many of our contractors are small businesses and run solely on client referrals and recommendations.
As a property based magazine, we turn to our Realtors who are the ones that vote on the contractor awards. Working with many 6 Island Property News • Contractors Awards Issue • www.ipn.bm
contractors when preparing for a new listing or working with their clients, a Realtor can act as a trusted resource for how you can find a quality contractor. Not just for large projects but smaller ones as well.
Our “Go To” List:
We wanted to create a yearly “go to” list of trusted contractors for homeowners. For most homeowners, the hardest part of any home project isn’t the work itself; it’s finding a competent and reliable contractor to do the job. Our Contractor Awards acts as a handy list to refer to when you need a project done.Not just of larger mainstream companies but also smaller vendors and specialty contractors. In the end we are proud of how popular our Contractor Awards have become and are happy to give winners some time in the limelight. We love offering a platform for companies to get their names out there, showcase their skills and talk more about their trade. Check out this year’s “go to” list! Our surveys were conducted as anonymous online questionnaires as well as in person anonymous voting. Results were tallied by the IPN team based on the responses given. We hope to continue to grow and evolve our awards to make them bigger and better for next year!
2018 Award winners!
#1 - Cold Snap Services Ltd • Air Care
#1 - DHPS Limited
#1 - Ben Frances • DeCosta’s Unique Carpentry
• H&H Plumbing & Mechanical Bermuda • C.F. Batson Swan
#1 - Sea-M Electric Honorable Mention: • KJ’s Electrical • Mark Pacheco
#1 - Stuart & Slayton Outerbridge
#1 - Greenway Landscaping & Maintenance • DaPonte Landscaping & Maintenance • Frank Pontes
#1 - Bermuda Cleaning Limited
• T. Rance Painting & Maintenance • Mello’s General Maintenance & Painting
Landscaping & Excavating
• Spencer Dill
• Pro-Tone Cleaning Services Ltd • Bermuda Elite Cleaners
Stonework, Tiling & Masonry
#1 - T. Rance Painting & Maintenance
#1 - A&M Construction Ltd
• Mello’s General Maintenance & Painting
• Just Roofs Plus
• Green Island Restoration • Antonio (Tony) Pacheco
Glass & Windows
#1 - Vinyltech Bermuda • Island Glass • Atlantic Glass
Home Insurance #1 - BF&M
Honorable Mention: • Argus
• Freisenbruch-Meyer Group
Home Security #1 - Selectron
• Bermuda Security Group • Security Solutions
#1 - True Blue Pool Service • Tim’s Pools • Island Pools
#1 - Bermuda Security Services Ltd Honorable Mention: • Ward’s Locksmith • Barnes Locksmith
• BEST Shipping • Joe Vieira Trucking
Interior Designers #1 - By Design Ltd Honorable Mention: • cTx Design Group • RHK Designs
#1 - Bermuda Forwarders Honorable Mention:
• Coldwell Banker Bermuda Realty •F ulcrum Property Consultants
#1 - The Property Group
#1 - Botelho Wood Architects Honorable Mention:
• Entasis Architecture • Westport Architecture
www.ipn.bm • Contractors Awards Issue • Island Property News 7
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Office: 232-4194 • Cell: 505-3477 • Email: email@example.com 8 Island Property News • Contractors Awards Issue • www.ipn.bm
Email: firstname.lastname@example.org • P.O. Box FL439, Flatts, FLBX
The Future of Construction By Simon Tully, President of CAOB
It is with great pleasure that the CAOB is once again a sponsor for the IPN Contractor Awards for 2018.
once they have built the house there is nothing more to do. How wrong could he be!
What we love about these awards is that they are compiled and voted on by Realtors that use vendors that are outside of the mainstream, to some extent. Realtors that need small tasks taken care of, the faucet changed or cedar lining of closets, are carried out by companies that in other jurisdictions would be best described as a ‘mom and pop’ operation.
Construction in Bermuda is the next 3-5 years will hinge on the global fortunes of the largest economies, and shifts in confidence of those economies will affect whether or not new construction or renovations are a boom or a bust here locally, as foreign investors with the cash to spend on homes and the trickle-down effect that they have will denote how well local contractors will fare.
These smaller companies sometimes are made up of no more than four or five employees, however in no way shape or form does the moniker of ‘mom and pop’ take away from the professionalism that these companies and employees project to the community and the pride that they have in taking care of the customer.
Well maintained homes and honest vendors will consistently be in demand due to the high standards that we set for ourselves, which sets Bermuda apart from the rest if the Caribbean.
In communities like Bermuda, word of mouth is sometimes more valuable to customers than flashy ads, leading some small contractors to barely advertise – heck, sometimes you can’t even track them down to get them to even give you a quote, let alone carry out a job for you! That’s because these folks are so good at what they do that they have a loyal following, and take care of those that take care of them – namely real estate agents and their colleagues who have clients that just want the job done right the first time. Properties will always require some form of maintenance, from tank cleaning to window changing, and this is where long term relationships occur – one well known general contractor has a saying that in his trade, they work themselves out of a job, as
These standards will be for naught if we don’t educate and train the younger generations in the skills that it takes to carry out basic trades such as carpentry, masonry, electrical and plumbing. Passing on knowledge in an increasingly technological world only goes so far as the basics, as advances in chemicals used in paints and coatings, non-traditional building materials and even tools and fasteners call for increased training that can only come from technical education and continuing education. Advances in technology are only useful if they are harnessed and applied, using these skills make our traditional Bermuda homes and gardens bright, colorful, and built to last for generations. Take note of the skilled tradesmen – they will always be in demand!!! The Construction Association of Bermuda (CAOB) is dedicated to making the construction industry safer, more efficient, more competitive and better able to contribute to the development of Bermuda. Visit CAOB at www.constructionassociationofbermuda.com
www.ipn.bm • Contractors Awards Issue • Island Property News 9
CONGRATULATIONS Steve Bowie
Residential & Commercial
Winner of the 2018 Island Property News Contractor Award in the category of
Surveyor/Valuator To contact Steve for valuations on your property, call (441) 234-6900 or email email@example.com
T (441) 234-6900 F (441) 234-6892 firstname.lastname@example.org www.property-group.com
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From building and contents protection for homeowners to contents-only protection for renters, we at BF&M offer a ﬂexible, personalised policy to ﬁt your insurance needs. Ask us about the BF&M added-value features in our standard cover, like replacing old items with new, protecting overseas students’ property, and loss of freezer food and tank water after a storm.* * For full details on coverage, please call 295 5566.
THANK YOU We are proud to have been elected winner in the Home Insurance category of the 2018 Contractor Awards.
The BF&M difference? Insurance the way it should be. For more information visit www.bfm.bm or call 295-5566
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1/3/19 6:13 PM
Return on Investment
What you should and shouldn’t invest in if you are thinking of selling Expert Advice From Heather Chilvers If you’re into renovation projects, then updating and revamping your home can be a lot of fun. But before you get too excited about knocking down walls you might want to consider resale value. Flashy renovations don’t always yield the best returns, so you’ll need to take care when picking projects.
Remodels to Avoid Luxury Rooms
A wine cellar, sauna, or even a movie theater won’t often recoup the high building costs as they are very ‘taste specific’. Luxury add-on rooms are hard to pitch to buyers unless you’re living in an upscale area with large square footage. Most ‘average buyers’ would rather have an extra bedroom, a bigger kitchen or a home office. Furthermore, rooms that depend heavily on wired electronics, like home theaters, are hard to keep current because TVs and speakers are constantly advancing.
The cost of building a pool is seldom fully recovered once the home is sold. It’s widely accepted throughout the industry that a homeowner will not gain additional money by adding a swimming pool. Some homebuyers don’t want to deal with the maintenance cost of a pool which can be costly in electricity, cleaning and chemicals. There are also added insurance premiums, and—if young children are involved, safety issues.
Changes way above the neighborhood houses
Location is everything and it is always better to be on the lower value end of homes in your neighborhood, as most home buyers will see improvements that could be done that will enhance the home’s value. However, if you do $200,000 worth of renovations in a neighborhood, where the average house is selling for $600k, unfortunately it won’t necessarily make your home automatically worth $800,000. Likewise, knocking down the walls of extra bedrooms for an open layout might not be appealing in a familyoriented neighborhood.
Remodels that Pay
An overall landscape upgrade should provide 100% return or more on investment.
Said to be the heart of the home, the kitchen deserves some extra attention if you’re hoping to sell. That doesn’t necessarily mean making a complete overhaul, but could include refacing cabinets or updating finishes. Keep colors neutral and current, replace hardware with something modern.
The bathroom is another prime place for renovations. You may choose to replace the vanity, faucets, lighting and toilet. This can be an inexpensive way to dramatically improve the look and feel of the room. Completely renovating, or adding a bathroom doesn’t always have the best return. However, it may be essential to making a sale. If adding a bathroom is out of your budget, get planning permission in principle to add one on. This makes it easier for the buyers to imagine what it will look like, where it might go, and how much it might cost.
Replacing old windows can brighten a room. Concentrate on kitchen and living areas where you are likely to need the most light. Be careful as placement of old windows can sometimes be improved upon. i.e. one large double window, instead of two single ones which dictate where furniture is placed.
More square footage
Refinishing a basement or providing a pull down ladder for the attic, can dramatically boost the value of a house. Everybody loves storage, to spend a few thousand dollars finishing an additional space, really makes sense.
It’s hard to calculate the return on investment for a coat of paint, but buyers like clean lines and airy spaces. If there is any way you can bring light in, it’s going to affect your price. For those on a tight budget, fresh paint can go a long way to brightening a room.
Keep it light and neutral
Even if you’re not considering selling your home just yet, keep potential selling benefits in mind. Intrepid homeowners know that the best remodels will increase both quality of life and listing price, so take care to invest in projects that not only your family will enjoy, but will provide good returns or profits in the future. Heather Chilvers is amongst Coldwell Banker Bermuda Realty’s Leading Sales Agents. She has nearly 30 years, experience in Real Estate. Follow ‘Heather Realtor Bermuda’ on Facebook, and ‘@heatherrealtorbermuda’ on Instagram. If you have a question for Heather, please contact her at firstname.lastname@example.org or 332 1793. All questions will be treated confidentially.
www.ipn.bm • Contractors Awards Issue • Island Property News 11
12 Island Property News • Contractors Awards Issue • www.ipn.bm
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Phone: 337-3235 • email@example.com www.ipn.bm • Contractors Awards Issue • Island Property News 13
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VISIT US ONLINE AT WWW.INSPIRED.BM 14 Island Property News â€˘ Contractors Awards Issue â€˘ www.ipn.bm
Proud to have been recognized by Bermuda’s Realtors Mello’s General Maintenance & Painting is a one stop shop for all of your maintenance needs. We offer quality professional services at a fair price. PAINTING, MAINTENANCE, PLUMBING & TANK CLEANING
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www.ipn.bm • Contractors Awards Issue • Island Property News 15
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16 Island Property News • Contractors Awards Issue • www.ipn.bm
Rental Listings FREE for any advertiser or $30 per listing • Deadline is the 20th of the month Prior TO Publication
Price: $1,950/Month Location: St. Georges Bed: 1 Bath: 1
Price: $2,800/Month Location: Devonshire Bed: 2 Bath: 1.5
Price: $3,350/Month Location: Hamilton Parish Bed: 2 Bath: 2
Description: Very attractive lower apartment with large kitchen convenient to the town of St. Georges Contact: Cranfields Property Bermuda Ltd, Jasmine Norman, firstname.lastname@example.org, 707-5679
Description: Refurbished ground level apartment with nearby amenities. Contact: Moongate Realty, Ambika Scott, email@example.com, 735-2386
Description: Modern 2 Bedroom/2 Bath offering water views within a tranquil neighbourhood. Contact: Moongate Realty, Ambika Scott, firstname.lastname@example.org, 735-2386
Price: $2,300/Month Location: city of Hamilton Bed: 2 Bath: 1.5
Price: $3,000/Month Location: Southampton Bed: 2 Bath: 1
Price: $4,500/Month Location: Paget Bed: 3 Bath: 1.5
Description: Vacant & unfurnished apartment within walking distance to Hamilton. Contact: Moongate Realty, Ambika Scott, email@example.com, 735-2386
Description: Fully furnished 2 bedroom apartment with ocean views within walking distance of Gibbs Hill Lighthouse. Contact: Cranfields Property Bermuda Ltd, Jasmine Norman, firstname.lastname@example.org, 707-5679
Description: Desirable and updated standalone cottage on a quiet Paget lane – minutes’ walk from Lower Ferry. Contact: Cranfields Property Bermuda Ltd, Jasmine Norman, email@example.com, 707-5679
Price: $3,100/Month Location: Paget Bed: 3 Bath: 2
Price: $5,000/Month Location: Pembroke Bed: 3 Bath: 2.5
Description: Located in a quiet neighbourhood in Paget is this 3 bedroom two bathroom (one ensuite) upper apartment with air conditioning and ceiling fans throughout. Contact: JBM Realty, Judy Maybury, firstname.lastname@example.org, 595-2946
Description: Upper apartment having stunning views of the waters of North Shore. Contact: The Property Group, Cheryl Ford, email@example.com, 505-6118
Price: $2,800/Month Location: Warwick Bed: 2 Bath: 2
Description: Tucked away in Warwick is this modern lower apartment. Contact: JBM Realty, Johnette McNeil, firstname.lastname@example.org, 331-5532
in Print & Online @islandpropertynews www.ipn.bm www.ipn.bm • Contractors Awards Issue • Island Property News 17
Rental Listings FREE for any advertiser or $30 per listing • Deadline is the 20th of the month Prior TO Publication
Price: $6,000/Month Location: Southampton Bed: 3 Bath: 2.5
Price: $8,950/Month Location: Warwick Bed: 3 Bath: 2
Price: $11,500/Month Location: Paget Bed: 5 Bath: 4.5
Description: Newly renovated! Spacious three bedroom garden level main apartment with fantastic views of the South Shore and the Great Sound. Contact: The Property Group, Cheryl Ford, email@example.com, 505-6118
Description: Spacious unfurnished three bedroom, two bath home in a quiet and lovely neighbourhood with large pool and great entertaining space. Contact: JBM Realty, Judy Maybury, firstname.lastname@example.org, 595-2946
Description: Charming period home dating back to the eighteenth century is centrally located and just minutes from Hamilton, schools, grocery stores and public transportation. Contact: The Property Group, Liz Wright, email@example.com, 331-2014
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18 Island Property News • Contractors Awards Issue • www.ipn.bm
Both love their homes. One owns. One rents. So why do they have the same coverage? Our interest is you. And making sure your home insurance has you covered. To find out more, get in touch today. Argus.bm/home www.ipn.bm â€˘ Contractors Awards Issue â€˘ Island Property News 19
It’s that time of year again, where we praise our award winners and talk all things contractors. They are the ones we turn to, for help with...
Published on Jan 28, 2019
It’s that time of year again, where we praise our award winners and talk all things contractors. They are the ones we turn to, for help with...