The Home Buyer's Korner

Information presented should be used for educational purposes only.

August 8th, 2015

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Yarnell St/Nimitz Rd Neighborhood Homes for Sale

Kailua, Hawaii

Yarnell StThe Yarnell St/Nimitz Rd area real estate is primarily composed of condominium complexes, apartments and renters, so no median house value data are available. The average rental price in Yarnell St/Nimitz Rd is currently $2,418 and average rental cost in this neighborhood is higher than 84.3 percent of the neighborhoods in Hawaii.

Yarnell St/Nimitz Rd is a suburban neighborhood located in Kailua, Hawaii primarily made up of medium sized three or four bedroom to large four, five or more bedroom town homes and small condominiums and apartment buildings. Most of the residential real estate is renter occupied. Many of the residences in the Yarnell St/Nimitz Rd neighborhood are newer, built in 2000 to current day and a number of residences were also built between 1970 and 1999.

Real estate vacancies in Yarnell St/Nimitz Rd are 5.1 percent, which is lower than one will find in 75.4 percent of American neighborhoods. Demand for real estate in Yarnell St/Nimitz Rd is above average for the U.S., and signals demand for either price increases or new construction of residential homes.

Many things matter about a neighborhood, but the first thing most people notice is the way a neighborhood looks and its particular character. For example, one might notice whether the buildings all date from a certain time period or whether shop signs are in multiple languages. This particular neighborhood in Kailua, the Yarnell St/Nimitz Rd neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Do you like a coastal setting? If so, this neighborhood may be to your liking. The Yarnell St/Nimitz Rd neighborhood is on the ocean with amenities and recreational activities on the waterfront that are attractive to residents and visitors alike.

In addition, many people dream of living along a street lined with row houses or other attached homes. Such places do often have an abundance of charm. If you are one of these people, the Yarnell St/Nimitz Rd neighborhood could be your paradise. With 73.2 percent of the homes and real estate here classified as row houses or other attached homes, this neighborhood brims with opportunity to find the right place to call home. Only 0.4 percent of U.S. neighborhoods have more row houses than this neighborhood, making it one of the most interesting things about the area.

Renter-occupied homes dominant the Yarnell St/Nimitz Rd neighborhood. The percentage of rental real estate here is 100.0 percent, which is higher than 99.4 percent of the neighborhoods in America. If you were to buy and live in the property you bought here, you would be almost alone in doing so.

Also of note, if you like the look and ambience of new homes and newly built neighborhoods, you will love the Yarnell St/Nimitz Rd neighborhood. A whopping 67.9 percent of the homes and other residential real estate here were built after 1999, which is a higher proportion of new homes then you will find in 98.3 percent of the neighborhoods in the U.S. Everything here just feels new.

Regardless of the means by which residents commute, this neighborhood has a length of commute that is notable. Residents of the Yarnell St / Nimitz Rd neighborhood have the pleasure of having one of the shortest commutes to work of any neighborhood in America, with 77.1 percent of the residents have a commute time from home to work of less than fifteen minutes. This is a higher proportion of residents enjoying a short trip to work than 99.3 percent of U.S. neighborhoods and less time commuting means more time for other things in life.

How much and how often people move can create a diverse and worldly neighborhood! In the Yarnell St/Nimitz Rd neighborhood, a greater proportion of the residents living here today did not live here five years ago than is found in 98.6 percent of U.S. Neighborhoods.

More people in Yarnell St/Nimitz Rd area choose to walk to work each day 23.7 percent than almost any neighborhood in America. If you are attracted to the idea of being able to walk to work, this neighborhood could be a good choice.

Also, in the Yarnell St/Nimitz Rd neighborhood, carpooling is still a popular way to get to and from work, with 25.1 percent of commuters carpooling, which is more than in 98.1 percent of all U.S. neighborhoods.

In the Yarnell St / Nimitz Rd neighborhood, 46.6% of the working population is employed in the military. With that percentage of workers living in the Yarnell St/Nimitz Rd neighborhood active in the military, this neighborhood has the distinction of having a higher proportion of people in the military than 99.9 percent of American neighborhoods and a major shaper of the neighborhood’s culture and character. Furthermore, the Yarnell St/Nimitz Rd neighborhood has a greater proportion of government workers living in it than 99.5 percent of the neighborhoods in America.

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 40.0 percent of the residents employed. Other residents here are employed in executive, management, and professional occupations at 37.3 percent and 24.6 percent in government jobs, whether they are in local, state, or federal positions.

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 Yarnell St/Nimitz Rd neighborhood in Kailua, HI, residents most commonly identify their ethnicity or ancestry as Irish at 13.8 percent. There are also a number of people of Mexican ancestry at 12.6 percent and residents who report German roots at 11.3 percent. Some of the residents are also of English ancestry at 6.3 percent, along with some Italian ancestry residents at 5.1 percent), among others.

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 Yarnell St/Nimitz Rd neighborhood is English, spoken by 86.0 percent of households. Other important languages spoken here include Japanese, which is spoken by 2.3 percent of households, followed by Spanish.

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YARNELL ST/NINITZ RD NEIGHBORHOOD HOMES FOR SALE

KAILUA HOMES FOR SALE LISTINGS

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HOME OWNERSHIP TOOLS

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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

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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