The Home Buyer's Korner

Information presented should be used for educational purposes only.

February 29th, 2016

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Kalanianaole Hwy/Hawaii Kai Dr

Hawaii Kai, Honolulu, HI

The Kalanianaole Hwy/Hawaii Kai Dr median real estate price is $876,901, which is more expensive than 86.6 percent of the neighborhoods in Hawaii and 97.5 percent of the neighborhoods in the U.S.

The average rental price in Kalanianaole Hwy/Hawaii Kai Dr is currently $3,457. The average rental cost in this neighborhood is higher than 96.2 percent of the neighborhoods in Hawaii.

Kalanianaole Hwy/Hawaii Kai Dr is an urban and a coastal neighborhood located on the ocean in Honolulu, Hawaii.

Kalanianaole Hwy/ Hawaii Kai Dr real estate is primarily made up of medium sized three or four bedroom to small studios to two bedroom single-family homes and high-rises. Most of the residential real estate is owner occupied. Many of the residences in the Kalanianaole Hwy / Hawaii Kai Dr neighborhood are established, but not old, having been built between 1970 and 1999, with a number of residences built between 1940 and 1969.

Home and apartment vacancy rates are 10.4 percent in Kalanianaole Hwy/Hawaii Kai Dr and this rate is lower than 44.6 percent of the neighborhoods in the nation, approximately near the middle range of vacancies.

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.

If you love rowing houses and attached homes, you will probably really like the Kalanianaole Hwy/Hawaii Kai Dr neighborhood. The ambiance, the charm, of row houses is something special. And the sheer abundance of row houses, this neighborhood truly stands out. The real estate here has a higher proportion of row houses and attached homes than nearly any neighborhood in America. In fact, 26.8 percent of the residential real estate here is classified as row houses and attached homes.

If you come to know the people here, you will recognize that you’re in the company of one of the wealthiest communities in the nation. In fact, a mere 4.0 percent of America’s neighborhoods are wealthier than the Kalanianaole Hwy/Hawaii Kai Dr neighborhood. Real estate here is exceedingly well-maintained, and similarly, tends to maintain its value over time. The cars driven are mostly luxury brands like Mercedes, Audi, BMW, and Lexus. If the public schools aren’t up to snuff, the residents of this neighborhood preferentially send their children to private preparatory schools. Vacation to Disney? Yes, but equally popular are summers in Europe. 

The Kalanianaole Hwy/Hawaii Kai Dr neighborhood is considered a solid choice for executive lifestyles, and is better than 91.4 percent of Hawaii neighborhoods, based on the wealthy, educated professionals, executives, and managers who choose to reside here. In addition to being an excellent choice for highly educated executives, this neighborhood is also a very good choice for urban sophisticates and college students.

With 1.4 percent of employed workers living in the Kalanianaole Hwy / Hawaii Kai Dr neighborhood active in the military, this neighborhood has the distinction of having a higher proportion of people in the military than 95.7 percent of American neighborhoods. This is a major shaper of the neighborhood’s culture and character.

The neighbors in the Kalanianaole Hwy/Hawaii Kai Dr neighborhood in Honolulu are wealthy, making it among the 15 percent highest income neighborhoods in America, and this neighborhood has a higher income than 96.0 percent of the neighborhoods in America.

In the Kalanianaole Hwy / Hawaii Kai Dr neighborhood, 54.5 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 26.1 percent of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations at 10.8 percent, and 8.7 percent in manufacturing and laborer occupations.

Culture is shared learning 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. 

In the Kalanianaole Hwy / Hawaii Kai Dr neighborhood in Honolulu, HI, residents most commonly identify their ethnicity or ancestry as Asian at 29.0 percent. There are also a number of people of Irish ancestry at 7.6 percent, and residents who report English roots at 6.2 percent, and some of the residents are also of German ancestry at 6.1 percent, along with some Portuguese ancestry residents at 2.9 percent, among others. In addition, 14.8 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 Kalanianaole Hwy/Hawaii Kai Dr neighborhood is English, spoken by 81.8 percent of households, and other important languages spoken here include Korean, Japanese spoken by 4.8 percent of residents, followed by Korean, Chinese, and Tagalog, which is the first language of the Philippine region.

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FHA 203K

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Here are just a few of the home improvements

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Repair or replace a roof

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Install, repair or replace electrical systems

Kitchen remodeling (including the purchase and installation of appliances)

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Basement waterproofing and finishing

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Replace old windows, Room additions, Finish an attic

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

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