The Home Buyer's Korner

Information presented should be used for educational purposes only.

July 26th, 2015

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BUILDING THE DREAM OF HOME OWNERSHIP

Woodlawn Dr/Kaloaluiki Neighborhood

Manoa, Honolulu, HI Homes for Sale

Kaloaluiki

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Woodlawn Dr/Kaloaluiki St area median real estate price is $1,134,866, which is more expensive than 96.2 percent of the neighborhoods in Hawaii and 99.1 percent of the neighborhoods in the U.S.

The average rental price in Woodlawn Dr/Kaloaluiki St is currently $1,377 and rents here are currently lower in price than 68.3 percent of Hawaii neighborhoods. Real estate vacancies in Woodlawn Dr/Kaloaluiki St area are 4.7 percent, which is lower than one will find in 78.0 percent of American neighborhoods. Demand for real estate in Woodlawn Dr/Kaloaluiki St area is above average for the U.S. and signals demand for either price increases or new construction of residential homes.

Woodlawn Dr/Kaloaluiki St 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 Woodlawn Dr/Kaloaluiki St neighborhood are established, but not old, having been built between 1970 and 1999 with a number of residences were also built between 1940 and 1969.

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. This neighborhood is very unique in some important ways.

If knowledge is power, then imagine the cumulative power of one neighborhood where many of the adults have earned an advanced degree, such as a Masters, law degree, medical degree, or even a Ph.D. This is certainly the case in the Woodlawn Dr/Kaloaluiki St neighborhood, where 44.2 percent have earned an advanced degree. Compare that to the average neighborhood in America, where just 8.4 percent of adults have completed a post-graduate degree and you can see why this neighborhood is a stand out. In fact, this neighborhood has a higher rate of adults with an advanced degree than 99.1 percent of the neighborhoods in America.

The Woodlawn Dr / Kaloaluiki St neighborhood is considered a solid choice for executive lifestyles. It’s better than 94.8 percent of Hawaii neighborhoods for executive living, based on the wealthy, educated professionals, executives, and managers who choose to reside here, the spacious homes that are prominent features of the real estate in the neighborhood, and the high real estate appreciation rates found here relative to other neighborhoods in the state. In addition to being an excellent choice for highly educated executives, this neighborhood is also a very good choice for college students.

Executives, managers and professionals make up 70.6 percent of the workforce in the Woodlawn Dr/Kaloaluiki St neighborhood, which is a higher proportion of such high-level people than is found in 98.3 percent of the neighborhoods in America. For this reason, this neighborhood really stands out as unique.

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 11.9 percent of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations at 11.5 percent and 6.0 percent in manufacturing and laborer occupations.

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 Woodlawn Dr/Kaloaluiki St neighborhood is a fantastic option for bicycle commuters, as 14.7 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 99.8 percent of the neighborhoods in America.

Also, in the Woodlawn Dr/Kaloaluiki St neighborhood, walking to work is a real option for many. In fact, walking to and from work is the chosen way to commute for 17.0 percent of residents here. This is a higher proportion of walking commuters than we found in 97.0 percent of American neighborhoods. Get ready to put on your walking shoes if you move here!

Your future neighbors in the Woodlawn Dr/Kaloaluiki St neighborhood are well-to-do, making it among the 15 percent highest income neighborhoods in America. This neighborhood has a higher income than 91.3 percent of the neighborhoods in America.

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

In the Woodlawn Dr/Kaloaluiki St , residents most commonly identify their ethnicity or ancestry as Asian at 52.5 percent. There are also a number of people of Swedish ancestry at 5.2 percent and residents who report South American roots  at 4.0 percent. Some of the residents are also of French ancestry at 3.8 percent, along with some German ancestry residents at 3.0 percent, among others. In addition, 21.1 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 Woodlawn Dr / Kaloaluiki St neighborhood is English, spoken by 73.0 percent of households. Other important languages spoken here include Japanese which is spoken by 6.0 percent of households, followed by Chinese, Tagalog, which is the first language of the Philippine region and Spanish.

Woodlawn Dr/Kaloaluiki Neighborhood 

Manoa 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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