The Home Buyer's Korner

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July 19th, 2015

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BUILDING THE DREAM OF HOME OWNERSHIP

Waialae Ave/10th Ave Neighborhood

Kapahulu Honolulu, HI Homes for Sale

Waialae Ave

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Waialae Ave/10th Ave area median real estate price is $816,984, which is more expensive than 83.4 percent of the neighborhoods in Hawaii and 97.2 percent of the neighborhoods in the U.S. The average rental price in the Waialae Ave/10th Ave area is currently $1,365, which is lower in price than 69.2 percent of Hawaii neighborhoods. Real estate vacancies in Waialae Ave/10th Ave are 6.7 percent, which is lower than one will find in 65.3 percent of American neighborhoods. Demand for real estate in Waialae Ave/10th Ave is above average for the U.S., and may signal some demand for either price increases or new construction of residential homes.

Waialae Ave/10th Ave area real estate is primarily made up of small studio to two bedroom to medium sized three or four bedroom single-family homes and condominium complexes and high-rises. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Waialae Ave/10th Ave area are established, but not old, having been built between 1970 and 1999 with a number of residences built between 1940 and 1969.

One of the really interesting characteristics about the Waialae Ave/10th Ave area is that, it is an excellent choice in which to reside for college students. Due to its popularity among college students who already choose to live here, its walkability, and its above average safety from crime, the neighborhood is ideal for prospective or already-enrolled college students. Between semesters and during school breaks, you’ll notice that the excitement here fluctuates with the college seasons. Despite the excitement, however, parents of college-age children can rest easy knowing that this neighborhood has an above average safety rating. For each of these reasons, the neighborhood is rated among the top 3.1 percent of college-friendly places to live in the state of Hawaii.

Many of those attracted to the Waialae Ave/10the Avenue area are families with an interest in the University of Hawaii and if you have a college bound child check out our blog post on Kiddie Condos and see if it’s something that’s right for you.

The Waialae Ave/10th Ave area has upper-middle income this neighborhood has a higher income than 78.6 percent of the neighborhoods in America. In the Waialae Ave/10th Ave area, 41.7 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 26.5 percent of the residents employed. Other residents here are employed in manufacturing and laborer occupations at 16.6 percent and 15.2 percent in clerical, assistant, and tech support occupations.

In the Waialae Ave/10th Ave area, residents most commonly identify their ethnicity or ancestry as Asian at 56.2 percent. There are also a number of people of Mexican ancestry at 3.0 percent and residents who report Irish roots 1.9 percent. Some of the residents are also of Scottish ancestry at 1.7 percent, along with some German ancestry residents at 1.6 percent, among others. In addition, 19.1 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 Waialae Ave/10th Ave neighborhood is English, spoken by 77.6 percent of households. Other important languages spoken here include Japanese, which is spoken at home in 4.5 percent of the residents followed by Chinese and Vietnamese.

Waialae Ave/10th Ave Neighborhood

Kapahulu 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;

click on “File”; then click on “Print”. In the center of the screen, you will have the option

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