BUILDING THE DREAM OF HOME OWNERSHIP
Maunalani Heights/Wilhelmina Rise Neighborhood
Manoa, Honolulu, HI Homes for Sale
The Maunalani Heights/Wilhelmina Rise area median real estate price is $715,000, which is more expensive than over 67 percent of the neighborhoods in Hawaii and almost 96 percent of the neighborhoods in the country.
The average rental price in Maunalani Heights/Wilhelmina Rise is currently coming in a near $1,650 a month, and rents here are currently lower in price than nearly half of neighborhoods in Hawaii. Most of the residential real estate is occupied by a mixture of owners and renters.
Maunalani Heights/Wilhelmina Rise, the current vacancy rate is just over four percent, which is a lower rate of vacancies than over 81 percent of all neighborhoods in America. This means that the housing supply in Maunalani Heights/Wilhelmina Rise is very tight compared to the demand for property.
Maunalani Heights/Wilhelmina Rise real estate is primarily made up of medium sized three or four bedroom and large four, five or more bedroom single-family homes and town homes.
Many of the residences in the Maunalani Heights/Wilhelmina Rise are older, well-established, built between the late 1930 and 1969, with a number of residences built between 1970 and 1999.
Today you can still find areas to build and overlooking the ocean, Diamond Head, and the coastline from Kahala to the Waianae mountain range, while some high cost lots in the area offers views back into Palolo Valley.
Many home buyers are gravitating to the Maunalani Heights/Wilhelmina neighborhoods where shopping, entertainment, schools, and beaches are close by and businesses are conveniently located.
Today home buyers who favor the Maunalani Heights/Wilhelmina Rise area cite its attractions as the eye appeal of its diverse architecture, larger lots than in many of the newer subdivisions, mature trees and plantings, and depending on altitude and orientation of the property, unobstructed views from Kahala to Barbers Point.
Many of the residents have lived here through several generations and younger family members growing up here want to remain as they have grown their own families. Much like Pacific Heights and Makiki Heights, Maunalani Heights/Wilhelmina Rise has its own Kama’aina family connections.
Another appealing feature of Maunalani Heights/Wilhelmina Rise, is a cooler micro-climate, neighborhood park with tennis and basketball courts, recreation center, and hiking trails emanating from Maunalani Circle that lead to wilderness areas.
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WHERE HOME OWNERSHIP HAPPENS IN MANOA, 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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