The Home Buyer's Korner

Information presented should be used for educational purposes only.

June 29th, 2015

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Nuuanu-Punchbowl-Pacific Heights Neighborhoods

Honolulu, Hawaii

The Nuuanu-Punchbowl-Pacific Heights median real estate price is $605,012 to $860,164, which is more expensive than 86.9 percent of the neighborhoods in Hawaii and 97.7 percent of the neighborhoods across the U.S. The average rental price in Pacific Heights is currently range from $1,321 to $2,040 and higher than 74.4% of the neighborhoods in Hawaii.

Nuuanu-Punchbowl-Pacific Heights real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is owner occupied. Many of the residences in the Nuuanu-Punchbowl-Pacific Heights area are established but not very old, having been built between 1970 and 1999. A number of residences however were build 1940 and 1969.

Home and apartment vacancy rates are 7.9 percent Nuuanu-Punchbowl-Pacific Heights and the rate is lower than 57.9 percent of the neighborhoods in the nation. 

If you are planning to retire in Hawaii, this neighborhood should be on your must-see list. For many reasons, Nuuanu-Punchbowl-Pacific Heights may be considered a retiree’s dream neighborhood. It’s peaceful and quiet, has above average safety from crime compared to other neighborhoods in Hawaii, while also offering a diverse range of housing options. This, along with the vibrant mix of very educated seniors and other age groups who choose to live here, makes the area more retiree-friendly than 99.4 percent of neighborhoods in Hawaii. If a Hawaii retirement is in your future, this neighborhood should be one of the places you visit. In addition to being an excellent choice for active retirees, this neighborhood is also a very good choice for urban sophisticates and highly educated executives.

For many reasons, Nuuanu-Punchbowl-Pacific Heights area is ideal neighborhoods for first-time home buyers in the state of Hawaii. Homes here are priced below median housing values in the state. Not only does this neighborhood stand out for combining price and home value stability or increases, it also is a neighborhood with a high quality resident population, meaning this is likely a good place to buy, live, and enjoy. While many first time home buyers focus purely on low cost and convenient location, which can risk your investment in your first home and put you in a less than desirable neighborhood, this neighborhood is a true standout for a lot of reasons, and definitely worth a look if you are a first time home buyer. In addition to being an excellent choice for first-time home buyers, this neighborhood is also a very good choice for active retirees.

5391320055_9400cf63c4_bIf hiking is your thing Nuuanu Trail has some nice sections to explore with beautiful Ohia trees and a several spectacular views of Punchbowl and Downtown. The trail takes you from behind Tantalus over to the ridge behind Pacific Heights.  Once you get over to the ridge the trail magically becomes a Hawaiian forest with uluhe ferns and ohia trees.  

In the Nuuanu-Punchbowl-Pacific Heights area, carpooling is still a popular way to get to and from work with 20.8 percent of commuters who carpool here.

Your future neighbors in the Pacific Heights neighborhood in Honolulu are upper-middle income, making it an above average income neighborhood with higher income than 83.3 percent of the neighborhoods in the U.S. In Nuuanu-Punchbowl-Pacific Heights, 57.2 percent of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is clerical, assistant, and tech support occupations, with 15.7 percent of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants at 15.0 percent and 11.2 percent in manufacturing and laborer occupations.

In Nuuanu-Punchbowl-Pacific Heights, residents most commonly identify their ethnicity or ancestry as Asian at 61.2 percent. There are also a number of people of English ancestry at 3.0 percent and residents who report German roots come in at 2.4 percent. Some of the residents are also of Irish ancestry at 1.8 percent. Additional data tells us that 12.3 percent of the residents of the area 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 Nuuanu-Punchbowl-Pacific Heights is English at 82.9 percent of households. Other important languages spoken here include Japanese and Chinese.

Nuuanu-Punchbowl-Pacific Heights Neighborhoods

Honolulu Homes for Sale Listings

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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

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

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ST Keonaona St FNMA HomeStyleFNMA My Community Mortgage FHA One-Time Close Construction Portfolio or VA home Homes for Sale REO Short Sales FNMA HomePath Properties HUD Homes USDA Homes Non-Warrantable FNMA FHLMC FHA VA USDA Approved Condominiums Co-Ops Town Homes Manufactured Homes Modular Homes Mobile Homes Log Homes Second Homes Investment Property 2-4 Family Custom Home Builders Custom Built Homes Luxury Homes Real Estate Brokers & Agents Down Payment Assistance 96819 Honolulu Emmeline Pl Pio Pl Pio Pl Waterhouse St Beckley St Beckley Pl Beckley St Laulani St KALAEPAA DR Kalaepaa Dr LUKELA LN Lukela Ln Laumaile St Kalena Dr Kalama Rd Kalama Rd Kalani St Kalania Pl WILSON ST Kale Pl LAGOON DR Pahukui St Pahulu St OWAWA ST Owawa St Iwaho Pl KALIHI ST Kalihi St Colburn St Nakuina St Nalani St NALANIEHA ST Nalanieha St Wilcox Ln Iluna Pl Owen St KINO Owene Ln Stanley St Huea Pl Kealoha Pl Kealoha St Kaluaopalena St Kam Iv Rd AKAHI ST Akahi St KAMANAIKI ST Kamanaiki St PUUHALE 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Hwy Nobrega St Halina St LEILANI ST Kaumualii St AOAO ST Leilani St Aoao Pl Aoao St Mokauea St Noe St VIOLET ST Kam Hwy Day Pl Alu Pl Alu St Kaili St Kawohi Pl KALIHI ST Lehua St Naai St A Beckley St Honolulu Hi ALA LANI Kalihi St Kamehameha Iv Rd EMMELINE PL King St LIKELIKE HWY Elliott St PILIWAI ST School St Maliu St PAPIPI

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