The Home Buyer's Korner

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July 25th, 2015

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BUILDING THE DREAM OF HOME OWNERSHIP

Kahoaloha Ln/S King St Neighborhood

McCully-Moliili, Honolulu, HI Homes for Sale

Kahoaloha

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Kahoaloha Ln/S King St area median real estate price is $338,324, which is less expensive than 92.4 percent of Hawaii neighborhoods and 21.3 percent of all U.S. neighborhoods.

The average rental price in Kahoaloha Ln/S King St is currently $1,216 and lower in price than 77.7 percent of Hawaii neighborhoods. Real estate vacancies in Kahoaloha Ln/S King St are 5.0 percent, which is lower than one will find in 76.4 percent of American neighborhoods. Demand for real estate in Kahoaloha Ln/S King St area is above average for the U.S. and signals some demand for either price increases or new construction of residential homes.

Kahoaloha Ln/S King St real estate is primarily made up of small studio to two bedroom to large four, five or more bedroom condominium complexes, high-rises and single-family homes. Most of the residential real estate is renter occupied. Many of the residences in the Kahoaloha Ln/ S King St area are older, well-established, built between 1940 and 1969, with number of residences built between 1970 and 1999.

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.

The Kahoaloha Ln/S King St neighborhood is very densely populated compared to most U.S. neighborhoods. In fact, with 39,142 persons per square mile in the neighborhood, it is more packed with people than 98.0 percent of the nation’s neighborhoods.

One of the really unique and interesting things about the look and setting of the Kahoaloha Ln/S King St area is that it is almost entirely dominated by large condominium complexes and high-rise apartments. With 82.1 percent of the residential real estate here classified as such. This puts this neighborhood on the map as having a higher proportion of large multi-family buildings than 97.6 percent of all neighborhoods in America.

Furthermore, the Kahoaloha Ln/S King 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 apartment sizes from small to large, but here the concentration of studios and other small living spaces is at near-record heights. With 87.5 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.

Would you like to be able to ride your bike to work? If you are attracted to the idea of getting a little exercise of the two-wheeled type while reducing your carbon footprint, bicycling to work might be the answer. But which neighborhood you live in can make this either impossible, or alternatively, a great and realistic option. The Kahoaloha Ln/S King St neighborhood is a fantastic option for bicycle commuters, as 3.7 percent of commuters here do ride their bikes to and from work on a daily basis. This is a higher amount than we found in 96.0 percent of the neighborhoods in America.

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 Kahoaloha Ln/S King St neighborhood, 38.3 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 31.7 percent of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations at 20.3 percent and 9.7 percent in manufacturing and laborer occupations.

Culture is the shared learning behavior of peoples. Undeniably, different ethnicity and ancestry 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 Kahoaloha Ln/S King St area, residents most commonly identify their ethnicity or ancestry as Asian 49.9 percent. There are also a number of people of Mexican ancestry at 3.7 percent and residents who report German roots at 3.1 percent. Some of the residents are also of Puerto Rican ancestry at 2.7 percent along with some English ancestry residents at 1.6 percent among others. In addition, 18.5 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 Kahoaloha Ln/S King St neighborhood is English, spoken by 76.3 percent of households. Other important languages spoken here include Japanese at 7.1 percent, Korean and Vietnamese.

Kahoaloha Ln/S King St Neighborhood

McCully-Moliili Area Homes for Sale

Livingston-Homes-for-Sale

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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