Mccully-Moiliili Homes for Sale

BUILDING THE DREAM OF HOME OWNERSHIP

Kapiolani Blvd/Mccully St Neighborhood

Mccully-Moiliili, Honolulu, HI Homes for Sale

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The Kapiolani Blvd/Mccully St area median real estate price is $468,500, which is less expensive than 73 percent of Hawaii neighborhoods and more than 11 percent of all neighborhoods in America.

The average rental price in Kapiolani Blvd/Mccully St area is currently just under $2,000 a month and lower in price than over 47 percent of Hawaii neighborhoods. Most of the residential real estate is occupied by a mixture of owners and renters.

Real estate vacancies in Kapiolani Blvd/Mccully St are under seven percent, which is lower than one will find in nearly two/thirds of neighborhoods across the country. Demand for real estate in Kapiolani Blvd/Mccully St is above average for the U.S., and signals demand for either price increases, new construction or both.

Kapiolani Blvd/Mccully St area real estate is primarily made up of small studios to two bedroom and medium sized three or four bedroom condominium developments, high-rises, and small apartment complexes. Many of the residences in the Kapiolani Blvd/Mccully St area are established, but not old, having been built between 1970 and 1999, with a number of residences built between 1940 and 1969.

In addition, the Kapiolani Blvd/Mccully St area is very unique in that it has one of the highest proportions of one, two, or no bedroom real estate of any neighborhood in America. Most neighborhoods have a mixture of home or condominium sizes from small to large, but here the concentration of studios and other small living spaces is at near-record heights. With over 95 percent of the real estate here of this small size, this most assuredly is a notable feature that makes this neighborhood unique, along with just a handful of other neighborhoods in America that share this characteristic.

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Another really unique and interesting things about the look and setting of the Kapiolani Blvd/Mccully St area is that it is almost entirely dominated by large multi-family buildings, such as condominium developments or high-rise apartments, with over 90 percent of the residential real estate here is classified as such. This puts this neighborhood on the map as having a higher proportion of large multi-family buildings than over 98 percent of all neighborhoods in America.

The way a neighborhood looks and feels when you walk or drive around it, from its setting, its buildings, its flair, can make all the difference. 

The Kapiolani Blvd/Mccully St area is very densely populated compared to most neighborhoods in America. In fact, with 36,935 persons per square mile in the neighborhood, it’s more packed with people than 98 percent of other neighborhoods across the country.

Do you like a coastal setting? If so, this neighborhood may be to your liking. The Kapiolani Blvd/Mccully St neighborhood is on the ocean and has amenities and recreational activities on the waterfront that are attractive to residents and visitors alike.

Kapiolani Blvd/Mccully St area is ranked among the top 10 percent of neighborhoods for first-time home buyers in the state of Hawaii. Homes here are priced below median housing values in the state, yet maintain moderate appreciation rates compared to other communities. Buying into the Kapiolani Blvd/Mccully St neighborhood is not only an accessible option, but an investment opportunity for many first-time home buyers.

In addition to being an excellent choice for first-time home buyers, this neighborhood is also a very good choice for college students. Many home buyers coming into the area are affiliated with the University of Hawaii or have children going to one of the private schools. If you have a college bound child check out this blog post on Kiddie Condos and see if it’s something that’s right for you.

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Nathalie Mullinix REALTY UNIVERSAL, Inc.

WHERE HOME OWNERSHIP HAPPEN IN MCCULLY-MOILIILI, HONOLULU

Information posted on realtyuniversal.com by Wes McKibbon at The Home Buyer’s Korner are for educational purposes only. Every situation can be different and can be unique to a reader’s particular needs; do not consider anything you read on realtyuniversal.com as absolute or partial advice for your specific needs. Seek the advice of a qualified and suitable professional in your area for advice particular to your situation. The advice given may not produce the same results in your area and the information given here is not intended to cover all aspects of any given topic. Nathalie Mullinix REALTY UNIVERSAL, Inc., cannot be held responsible for the opinions and advice posted by Wes McKibbon at The Home Buyer’s Korner, nor can we or do we validate the accuracy. Wes McKibbon nor The Home Buyer’s Korner are a real estate brokerage, mortgage lender, general contractor, lawyer, accountant, appraiser, surveyor or any other licensed based profession, but are industry leaders and Wes is a highly respected retired FHA direct endorsement underwriter. If you have a specific question regarding any of these posts, you should seek advice from a licensed member of that particular profession. This page and all other pages posted by Wes McKibbon of The Home Buyer’s Korner are intended for educational purposes only including discussion, suggestions, ideas, etc., to better serve interested parties that have chosen independently to engage in active participation.

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