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Location: East of Seattle since 1992, 615' Elevation, Zone 8b - originally from SF Bay Area
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There is a big difference in prices depending on the island and the city, but even Honolulu median home price is still just $700k because there are so many condos. For a single family home there it's $1,090,000 still about a 3rd less than here in Sammamish WA.) On the Big Island it's only $530k median for single family homes, and in Pahoa, you can buy a a brand new cottage for under $100,000. Like everywhere else it's a matter of where people want to live, and in Hawaii it's near the beach and/or nightlife. Where Hawaii is expensive is in everything else, foods and other products not produced there that have to
be brought in by ships.
Also I thought hotels and airbnb where way more expensive a night than say US?
The first condo, while on Oahu, on your list is leasehold - you do not fully own the property, plus you have to make a lease payment.
The 2nd, in Hilo (lack of jobs) is unpermitted, off grid, and it looks like a rendering (not sure what's up with that).
The 3rd in Kihei is under 600 sq ft AND the leasehold is to expire in 2036, so no bank will give you a loan (at least they didn't used to), and you probably won't know what the lease payment will be then.
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Also I thought hotels and airbnb where way more expensive a night than say US?
Those cheaper homes FS on the Big Island are in hazard zone 2, very close to the active rift zone of Kilauea volcano. One appears to be in Pahoa town. In that case, seems like a good deal to me because it's a somewhat walkable little community.
However, the price of gas, food and everything else is very high everywhere in Hawaii. Also, the property crime rate is high. There are a lot of low lifes around, looking to rip you off. And yet, people keep moving into the Puna district. I sure wish they would STOP, as the quality of life has really taken a hit with so many more people added in the past couple decades.
OP, A couple more notes of interest regarding those listings in Puna. It can be quite wet at times in this part of Hawaii. Average annual rainfall is well over 100 inches just about everywhere.
Also, you might be disappointed to hear that it's quite rare to see anyone in sweatpants.
There's a general saying when talking about real estate prices - a place that seems much cheaper (less expensive) than what you would expect for an area is usually cheaper for a certain reason. It could be the condition of the property for sale, the particular location, or the nearby surroundings (people, nature, landscape hazards, industry, traffic, noise, smell etc.). Same rule applies in Hawaii as anywhere else. You sometimes have to dig into the details before the downsides of a cheap place appear, but they are usually not too hard to figure out.
There is a big difference in prices depending on the island and the city, but even Honolulu median home price is still just $700k because there are so many condos. For a single family home there it's $1,090,000 still about a 3rd less than here in Sammamish WA.) On the Big Island it's only $530k median for single family homes, and in Pahoa, you can buy a a brand new cottage for under $100,000. Like everywhere else it's a matter of where people want to live, and in Hawaii it's near the beach and/or nightlife. Where Hawaii is expensive is in everything else, foods and other products not produced there that have to
be brought in by ships.
Yea I thought some thing was up with prices being that cheap? The average price of $500,000 seem more reasonable on the Island and $700,000 in Honolulu.
Those cheaper homes FS on the Big Island are in hazard zone 2, very close to the active rift zone of Kilauea volcano. One appears to be in Pahoa town. In that case, seems like a good deal to me because it's a somewhat walkable little community.
However, the price of gas, food and everything else is very high everywhere in Hawaii. Also, the property crime rate is high. There are a lot of low lifes around, looking to rip you off. And yet, people keep moving into the Puna district. I sure wish they would STOP, as the quality of life has really taken a hit with so many more people added in the past couple decades.
Hotels are even worse at $300 a night and probably more expensive in Honolulu.
Those cheaper homes FS on the Big Island are in hazard zone 2, very close to the active rift zone of Kilauea volcano. One appears to be in Pahoa town. In that case, seems like a good deal to me because it's a somewhat walkable little community.
However, the price of gas, food and everything else is very high everywhere in Hawaii. Also, the property crime rate is high. There are a lot of low lifes around, looking to rip you off. And yet, people keep moving into the Puna district. I sure wish they would STOP, as the quality of life has really taken a hit with so many more people added in the past couple decades.
I suspect the local were saying the same when you initially moved there.
Apologies if you were born and raised in Puna. But, I often see transplants immediately wishing people would stop moving in.
I suspect the local were saying the same when you initially moved there.
Apologies if you were born and raised in Puna. But, I often see transplants immediately wishing people would stop moving in.
North Shore comes to mind.
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