The Home Buyer's Korner

Information presented should be used for educational purposes only.

July 23rd, 2015

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BUILDING THE DREAM OF HOME OWNERSHIP

Piikoi St/S King St Neighborhood

Ala Moana Area Homes for Sale

Honolulu, Hawaii

Piikoi

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Piikoi St/S King St area median real estate price is $668,264, which is more expensive than 60.0 percent of the neighborhoods in Hawaii and 95.0 percent of the neighborhoods in the U.S.

The average rental price in Piikoi St/S King St is currently $1,696 and lower in price than 43.6 percent of Hawaii neighborhoods. Piikoi St/S King St has a 12.0 percent vacancy rate, which is  above the national average compared to other U.S. neighborhoods and higher than 62.8 percent of American neighborhoods. Most vacant housing here is vacant year round and due largely in part to the areas high second/vacation home occupancy rate. If you live here, you may find many of the homes or apartments are empty at some part of the year.

Piikoi St/S King St area real estate is primarily made up of small studio to two bedroom to medium sized three or four bedroom condominium complexes, high-rises and small apartment buildings. Most of the residential real estate is renter occupied. Many of the residences in the Piikoi St/S King St neighborhood are newer, built in 2000 or more recently, while a number of residences were also built between 1970 and 1999.

When you see a neighborhood for the first time, the most important thing is often the way it looks, like its homes and its setting. Some places look the same, but they only reveal their true character after living in them for a while because they contain a unique mix of occupational or cultural groups.

If you like crowded places, then you will probably enjoy the Piikoi St/S King St area. This neighborhood is more densely populated than 96.9 percent of neighborhoods in the U.S., with 28,116 people per square mile living here.

In addition, one of the really unique and interesting things about the look and setting of the Piikoi St/S King St neighborhood is that it is almost entirely dominated by large condominium complexes, apartment buildings and high-rises. With 83.4 percent of the residential real estate here classified as such, it puts this neighborhood on the map as having a higher proportion of large multi-family buildings than 97.7 percent of all neighborhoods in America.

With 1.9 percent of employed workers living in the Piikoi St/S King St neighborhood active in the military, this neighborhood has the distinction of having a higher proportion of people in the military than 96.7 percent of American neighborhoods and a real influence on the neighborhood’s culture and character.

In the Piikoi St / S King St area, walking to work is a real option for many. In fact, walking to and from work is the chosen way to commute for 12.8 percent of residents here. This is a higher proportion of walking commuters than we found in 95.5 percent of American neighborhoods. Get ready to put on your walking shoes if you move here!

Your future neighbors in the Piikoi St/S King St area enjoy upper-middle incomes and the neighborhood has a higher income than 68.9 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 Piikoi St/S King St area, 45.6 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 28.5 percent of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations at 15.0 percent and 10.9 percent in manufacturing and laborer occupations.

Understanding where people came from, who their grandparents or great-grandparents were, can help you understand how a neighborhood is today. In the Piikoi St / S King St area, residents most commonly identify their ethnicity or ancestry as Asian at 62.1 percent There are also a number of people of Italian ancestry at 4.5 percent and residents who report Irish roots at 2.9 percent. Some of the residents are also of Puerto Rican ancestry at 2.7 percent, along with some German ancestry residents at 2.7 percent, among others. In addition, 35.1 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 Piikoi St / S King St area is English, spoken by 56.2 percent of households. Other important languages spoken here include Japanese, spoken at by 14.3 percent of households Korean, Chinese and Vietnamese.

Piikoi St/S King St Neighborhood

Ala Moana 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.

To print this document click on “Open in New Window” located at the lower right corner;

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