Is Hawaii affordable Yet ?

What do you consider affordable should be the question.

I am constantly seeing the shock on my mainland clients faces as I show them real estate for sale - they have seen the housing market drop like crazy over there - therefore - Hawaii must be the same. The answer is yes - it has dropped, but nothing like the mainland. What does $200,000 get you - a 1 bedroom condo without a view?

I have just run an MLS search for any homes under $400,000 - there are only 13 homes in Kona for under $400,000. You just have to remember - Hawaii is Hawaii, there just are not going to be the deals you see on the mainland. If you are planning a visit to Kona soon, and would like to get a daily MLS listing sent to your email, please drop me a note with your interest (Home, Condo, rooms, sqft, area, Land) and I will put you on my daily update list. Please - when you send me an email - clearly state your interest - I can't tell you how many people send me there email address - with no description - I don't want you getting a bunch of junk mail. I usually send one courtesy email for more info and then delete it.

Hope you have a great vacation and Aloha for now - enjoy the listings below - let me know if you are interested in any of these.

210230 RC A 14 3-7-5-10-8-156 FS $357,000 Nani Kailua Dr #156 1 sqft 1,004 2/2
200784 RS A 232 3-7-6-5-36 FS $375,000 76-5973 Mamalahoa Hwy 20,249 sqft 2,106 6/1.5
195261 RC A 490 3-7-6-25-6-2 FS $379,000 76-302 Kealoha #6B 5,063 sqft 861 2/2
208895 RC A 51 3-7-6-24-36-1 FS $385,000 76-228 Oma Pl #A 7,981 sqft 1,106 2/2
190961 RC A 457 3-7-5-10-57-14 FS $385,000 75-252 Nani Kailua Dr 1 sqft 1,209 3/2
207933 RS A 66 3-7-4-13-94 FS $389,000 74-5214 Kauwela Pl 5,411 sqft 1,060 3/2
209590 RS A 37 3-7-3-40-25 FS $389,000 73-1143 Ala Kapua St 10,626 sqft 1,255 3/2
209722 RS A 34 3-7-3-45-56 FS $399,000 73-1107 Oluolu St 8,402 sqft 1,056 3/1.5
198718 RS A 282 3-7-3-33-37 FS $399,000 73-1293 Awakea St 10,276 sqft 1,120 3/2
208556 RS A 60 3-7-3-38-74 FS $399,000 73-4191 Malino Pl 9,040 sqft 1,056 2/1
206911 RS A 97 3-7-6-19-62 FS $399,000 76-6187 Plumeria Rd 8,760 sqft 1,048 2/2
205535 RS A 127 3-7-3-13-37 FS $399,900 73-1219 Loloa Dr 7,601 sqft 924 3/1
191021 RC A 393 3-7-6-25-37-1 FS $400,000 76-398 Kanaka St 5,115 sqft 810 2/2
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This information has been supplied by third parties and has not been independently verified by Hawaii Information Service and is, therefore, not guaranteed.

Copyright ©5/9/2008 by Hawaii Information Service

Aloha, and have a great day

Lance Owens (RS)

(808) 936-8383

Lance@KonaHomeTeam.com

www.KonaHomeTeam.com

Aloha Kona Realty Inc.

78-6740 Alii Drive

Posted Friday May 09

I guess I'll have to put off retiring to your lovely state. :(


The same $400,000 here in Louisiana would buy a brand new home 3000 sq.ft. home with slab granite countertops, 4 bedrooms, 3 bathrooms, upgraded kitchen appliances, triple crown moldings, wood and tile floors, etc.


 

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