The Home Buyer's Korner

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July 26th, 2015

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Davenport Pl/Piikoi St Neighborhood

Makiki~Lower Punchbowl~Tantalus Area Homes for Sale

Honolulu, Hawaii

Piikoi 6Davenport Pl/Piikoi St area median real estate price is $376,222, which is less expensive than 87.2 percent of Hawaii neighborhoods and 17.percent of all U.S. neighborhoods.

The average rental price in Davenport Pl/Piikoi St is currently $1,285 and rents here are currently lower in price than 74.7 percent of Hawaii neighborhoods. Real estate vacancies in Davenport Pl/Piikoi St are 7.2 percent, which is lower than one will find in 62.4 percent of American neighborhoods. Demand for real estate in Davenport Pl/Piikoi St is above average for the U.S. and signals demand for either price increases or new construction of residential homes.

Davenport Pl/Piikoi St area real estate is primarily made up of small studio to two bedroom to medium sized three or four bedroom condominium complexes, high-rises and single-family homes. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Davenport Pl/Piikoi St neighborhood are established but not old, having been built between 1970 and 1999 with a number of residences built between 1940 and 1969.

The way a neighborhood looks and feels when you walk or drive around it, from its setting, its buildings, and its flavor, can make all the difference. This neighborhood has some really cool things about the way it looks and feels.

What you’ll find when you visit or move to this neighborhood is one of the most crowded neighborhoods in all of America. With an incredible 61,660 people per square mile, it is more densely populated than 99.0 percent of America’s neighborhoods.

In addition, one of the really unique and interesting things about the look and setting of the Davenport Pl/Piikoi St area is that it is almost entirely dominated by large multi-family buildings, such as condominium complexes and high-rise apartments and 86.9 percent of the residential real estate here is classified as such. This puts this neighborhood on the map as having a higher proportion of large multi-family buildings than 98.2 percent of all neighborhoods in America.

Furthermore, the Davenport Pl/Piikoi St area is very unique in that it has one of the highest proportions of one, two, or no bedroom real estate of any neighborhood in America. Most neighborhoods have a mixture of home or condominium sizes from small to large, but here the concentration of studios and other small living spaces is at near-record heights. With 88.6 percent of the real estate here of this small size, this most assuredly is a notable feature that makes this neighborhood unique, along with just a handful of other neighborhoods in the U.S. that share this characteristic.

With 1.6 percent of employed workers living in the Davenport Pl/Piikoi St area active in the military, this neighborhood has the distinction of having a higher proportion of people in the military than 96.2 percent of American neighborhoods.

If your dream is to be able to ride your bike to work each day, look no further than this unique neighborhood. With 3.2 percent of residents in the Davenport Pl/Piikoi St area commuting on a bicycle to and from work daily, this neighborhood has more bicycle commuters than 95.0 percent of all neighborhoods in the U.S.

Your future neighbors in the Davenport Pl/Piikoi St neighborhood enjoy middle class-incomes and have higher incomes than 40.6 percent of the neighborhoods in America.

In the Davenport Pl/Piikoi St neighborhood, 38.6 percent of the working population is employed in executive, management and professional occupations. The second most important occupational group in this neighborhood is sales and service jobs, from major sales accounts, to working in fast food restaurants, with 30.9 percent of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations at 16.8 percent and 13.7 percent in manufacturing and laborer occupations.

Culture is shared learned behavior. We learn it from our parents, their parents, our houses of worship, and much of our culture – our learned behavior – comes from our ancestors. That is why ancestry and ethnicity can be so interesting and important to understand: places with concentrations of people of one or more ancestries often express those shared learned behaviors and this gives each neighborhood its own culture. Even different neighborhoods in the same city can have drastically different cultures.

In the Davenport Pl / Piikoi St neighborhood residents most commonly identify their ethnicity or ancestry as Asian at 54.8 percent. There are also a number of people of Italian ancestry at 3.1 percent and residents who report Mexican roots at 3.0 percent. Some of the residents are also of Irish ancestry at 2.2 percent, along with some Puerto Rican ancestry residents at 2.0 percent, among others. In addition, 30.1 percent of the residents of this neighborhood were born in another country.

The languages spoken by people in this neighborhood are diverse. These are tabulated as the languages people preferentially speak when they are at home with their families. The most common language spoken in the Davenport Pl / Piikoi St neighborhood is English, spoken by 52.3 percent of households. Other important languages spoken here include Japanese, which is spoken by 5.7 percent of households, followed by Chinese, Korean, and Spanish.

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Davenport Pl/Piikoi St Neighborhood Homes for Sale Listings

Makiki~Lower Punchbowl~Tantalus Area Homes for Sale

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HOME OWNERSHIP TOOLS

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HOME OWNERSHIP TOOLS

FHA 203K

Your Home Purchasing or Refinancing & Renovation Tool

Mortgage Loan Officers, Real Estate Agents & General Contractors

are ready to assist you with your home purchase

Here are just a few of the home improvements

you might consider with any Home Renovation loan

Repair or replace a roof

Install, replace or repair gutters and downspouts

Replace, repair or upgrade your HVAC system

Repair or replace plumbing

Install, repair or replace electrical systems

Kitchen remodeling (including the purchase and installation of appliances)

Bathroom remodeling, Full interior painting, Total exterior painting

Repair or replace a septic system and/or well

Disability access (wheelchair ramp, elevator, widen doorways)

Build, repair or replace deck, patio or porch

Basement waterproofing and finishing

Abatement/Stabilization of lead-based paint hazards

Replace old windows, Room additions, Finish an attic

Add a second story to your home

Replace a termite damaged sill plate (a water-damaged sill plate also)

Possible landscaping items such as correction of grading & drainage problems,

tree removal, repair a driveway and sidewalks

FANNIE MAE HOMESTYLE

The Conventional Alternative to FHA 203K

Great for Real Estate Investors and Second Home Renovations

Mortgage Loan Officers, Real Estate Agents & General Contractors

are ready to assist you with your home purchase

USDA RURAL DEVELOPMENT

Up to $10K for Home Improvements, Renovations or a Simple Remodel

Mortgage Loan Officers, Real Estate Agents & General Contractors

are ready to assist you with your home purchase

A SIMPLE HOME SHOPPING INSPECTION TOOL

Organizing your home shopping experience affords a wise decision-making process.

This simple home inspection tool makes your ultimate buying decision a smart one.

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