What qualifies as affordable? Oahu's median home prices were $745,000 in May, 2017. The more popular neighborhoods in town (Honolulu, that is) are often priced near $1 million and higher.
Looking for a home in the $300,000's is challenging. Common "wants" for buyers include:
- No homeowner association and related fees.
- Not CPR (condominium property regime).
- Not attached or duplex.
- Not foreclosure or short sale.
Those wants significantly reduce the inventory to prospective homebuyers.
We recently renovated this home near Maili Beach in West Oahu, now on the market and priced at $329,900. It's regular single family home, no homeowners association, not CPR, not attached/duplex and not a foreclosure or short sale. This house is ready for an owner occupant or investor.
Built in 1936 and remodeled in 2017, it's a classically styled house on a side street off the main road. The home has an enclosed porch in front, two bedrooms and one bathroom. The lot size is 5,000 square feet, fenced all the way around. There's a carport in front with a storage closet. Additional parking is in front of the house. The roof has a reflective coating and it keeps the house cool even in the summer.
Nice kitchen with laminate flooring. The home is move-in ready.
For details about this listing please click MLS 201713367.
Michael Bates (Realtor Associate)
1585 Kapiolani Blvd #1533
Honolulu, HI 96814