The Home Buyer's Korner

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August 15th, 2015

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Kuahelani Ave/Meheula Pky Neighborhood

Mililani, Hawaii Homes for Sale

MEHEULA PKYKuahelani Ave/Meheula Pky area median real estate price is $673,087, which is more expensive than 60.7 percent of the neighborhoods in Hawaii and 95.1 percent of the neighborhoods in the U.S.

The average rental price in Kuahelani Ave/Meheula Pky is currently $2,266 and the average rental cost in this neighborhood is higher than 82.1 percent of the neighborhoods in Hawaii.

In Kuahelani Ave/Meheula Pky, the current vacancy rate is 2.0 percent, which is a lower rate of vacancies than 92.2 percent of all neighborhoods in the U.S. This means that the housing supply in Kuahelani Ave/Meheula Pky is very tight compared to the demand for property here.

Kuahelani Ave/Meheula Pky is a suburban neighborhood located in Mililani Town, Hawaii, primarily made up of medium sized three or four bedroom to large four, five or more bedroom single-family homes and small condominium complexes. Most of the residential real estate is owner occupied. Many of the residences in the Kuahelani Ave/Meheula Pky neighborhood are established but not old, having been built between 1970 and 1999 with a number of residences built between 1940 and 1969.

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 Mililani Town, the Kuahelani Ave/Meheula Pky neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Kuahelani Ave/Meheula Pky is among the best neighborhoods for families in Hawaii. In fact, this neighborhood is more family-friendly than 95.4 percent of neighborhoods in the entire state of Hawaii. Its combination of top public schools, low crime rates, and owner-occupied single family homes gives this area the look and feel of a “Leave It to Beaver” episode. Many other families also live here, making it easy to socialize and develop a strong sense of community. In addition, the high number of college-educated parents influences the academic success of the local schools. Overall, you will find all of the amenities a family needs to thrive in the Kuahelani Ave/Meheula Pky neighborhood and an excellent choice for families with school-aged children.

Most neighborhoods are composed of a mixture of ages of homes, but the Kuahelani Ave/Meheula Pky stands out as rather unique in having nearly all of its residential real estate built in one time period, namely between 1970 and 1999, generally considered to be established, but not old housing. What you’ll sense when you look around or drive the streets of this neighborhood is that many of the residences are of the same architecture, design and similar in age. In fact, 97.6 percent of the residential real estate here was built in this one time period.

This neighborhood is also a very good choice for highly educated executives. Wealth makes most things in life easier, and a few things harder. If you are well-to-d and enjoy keeping up with the Jones’, this neighborhood will interest you. In fact, the Kuahelani Ave/Meheula Pky neighborhood is wealthier than 95.6 percent of the neighborhoods in the United States, making it among the 15% highest income neighborhoods in America. Residents here are truly in a unique situation even when compared to other Americans, based on the sheer amount of wealth concentrated here. Even in times of economic downturn, residents of this neighborhood, as a group, suffered less and recovered more quickly. This is indeed a stand-out characteristic of this neighborhood.

What we choose to do for a living reflects who we are. Each neighborhood has a different mix of occupations represented, and together these tell you about the neighborhood and help you understand if this neighborhood may fit your lifestyle.

In the Kuahelani Ave/Meheula Pky neighborhood, 38.2 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 30.7 percent of the residents employed. Other residents here are employed in manufacturing and laborer occupations at 20.7 percent and 14.3 percent in government jobs, whether they are in local, state, or federal positions. The Kuahelani Ave/Meheula Pky neighborhood has a greater proportion of government workers living in it than 96.4 percent of the neighborhoods in America and a feature that shapes its character.

Culture is the shared/learned behavior of peoples. Undeniably, different ethnicities and ancestries have different cultural traditions, and as a result, neighborhoods with concentrations of residents of one or another ethnicity or ancestry will express those cultures.

In the Kuahelani Ave/Meheula Pky neighborhood in Mililani Town, Hawaii, residents most commonly identify their ethnicity or ancestry as Asian at 49.2 percent. There are also a number of people of Mexican ancestry  at 6.6 percent and residents who report Irish roots at1.9 percent. Some of the residents are also of Portuguese ancestry at1.9 percent, along with some Puerto Rican ancestry residents at1.8 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 Kuahelani Ave/Meheula Pky neighborhood is English, spoken by 84.0 percent of households. Other important languages here include Japanese at 3.0 percent of households, followed by Spanish and Tagalog, the first language of the Philippine region.

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KUAHELANI AVE/MEHEULA PKY NEIGHBORHOOD HOMES FOR SALE

MILILANI HOMES FOR SALE LISTINGS

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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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