KAUAI

The lush green Garden Isle is not just the backdrop to Jurassic Park, home to sunny Poipu, and the pristine (and dare I write posh) beaches of Princeville. The medium housing cost in Kauai is over $900K as of January this year, a price that jumped 76%, as condo prices are up 17% from last year, raking in at just under $600K, according to locationshawaii.com. However, home sales are generally down, perhaps due to the extreme price increase, while condo sales are up for the 73k+ and growing population. It’s true that Kauai is run by luxury properties, and the median homeowner is more likely to invest in condo living, as it offers ample comfort for a more affordable price, as well as the perks of community living. Luxury properties, mostly located on the North Shore of the island, are the cause of this price disparity. Hands down, prices are climbing, and the value of Kauai property will continue to increase, so there is no bad time to invest in Kauai real estate. Demand is also increasing for this beautiful outer island that is a quick flight from Honolulu, and yet provides more secluded island living.

MAUI

Ah, Maui: ample resorts, the Road to Hana, Haleakala volcano, lavender fields, and sweeping underwater life, who wouldn’t want to call Maui home? The second-largest Hawaiian island is far less populated than Oahu, with 168,000+ residents calling it home. The Maui real estate market is also climbing, with the median home selling for $1.16 million, with the average condo going for $740,000. Homes are up 27% (a lower jump than Kauai), while condo prices increase 17% (the same increase as Kauai). Unlike Kauai, home and condo sales are up, rather than down, as some residents are flocking from the more crowded Honolulu to this beautiful island that offers some stable employment and far greater median housing options than that of Kauai. While high-end sales do drive Maui real estate prices up, working with a Maui realtor can help you find options more in your price range.

Big Island (Island of Hawaii)

The island of Hawaii truly is big: over 4k square miles, it is the “Big” Island, as the largest island in the Hawaiian Island chain. Perhaps unsurprisingly enough, this volcano-made-famous paradise with black sand beaches and vast greenery is home to approximately 200,900 residents: more than Maui and Kauai, but as it is far bigger in size, you’ll certainly feel more secluded when seeking to invest in Big Island real estate. The median home price, as the other islands, has climbed, just at a lower rate. Homes are retailing for $534K, an 11% jump from last year, while condo prices are up 26% (a greater increase than Maui and Kauai), selling at $434.5K. However, like Kauai, real estate activity and investment on the Big Island is trending downward by -2%, and a -13% drop in condo sales from last year. However, the Big Island offers more affordable pricing options, and a rarity for any real estate market: home and condo prices don’t vary that much. This is because there are many condos on the west side of the market, and the east side is far more residential with many homes.

Whether you decide to invest in Kauai, Maui, or the Big Island on our outer island real estate hunt, consult with a local realtor and do your research on market trends before making the plunge. With a little local knowledge, you’re sure to find your perfect home in paradise.

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When talking about life and real estate in Hawaii, there are many factors to consider, whether you decide to opt for condo or home living. Hawaii real estate developers know this well and have a plethora of condo, community living options for you: from the luxe and lush to the laid-back and leisurely. Hawaii real estate ownership, whether it be in the form of your own Hawaii home or a piece of paradise in a shared community.

Condo Living

Condo living can vary vastly, offering upscale amenities and even concierge-esque at some, with all the bonus comforts of community living. While some of your neighbors may be more transient vacationers, there are perks, like social gatherings and networking opportunities, of being able to share a pool and barbecue space with your neighbors. Some condos even have tennis courts, gyms, and other recreational services at your leisure. Guest parking may also be an option, as can renting out spacious recreational areas for your own proper garden party or office gathering. However, the downside of condo living is that you may be tied to specific hours and community rules, and do not have the liberty you have in your own home. That said, modern conveniences and sometimes having the same space you may have in your own home, can make the experience very homey and quite all around convenient.

However, condo living also brings fewer maintenance and repair responsibilities, as many of the associations will intervene, if needed, and security can be quite tight. However, the lack of privacy and risk for neighbor delinquency is far higher than when living on your own property. Condos may also be more difficult to sell than single-standing homes, as the property values may not increase as much as other properties may. Condos are, however, reputed as being more safe than single apartment blocks, so this may also be worth your while investing in one.

Home Living

If you opt for home living, you’ll have the luxury of hosting guests when you’d like (as long as your neighbors are nice and respectful, too). However, as with a condo, you still may be tied to some neighborhood or community taxes or Hawaii home association fees for upkeep and may have some ground rules within the homeowners’ association, so it’s not a total freedom. But home living can offer many perks: your own backyard, your own pool, and, most of all, privacy, which you may have grown to know and love.

While condos are typically much less expensive than a free-standing house, Hawaii’s high electricity bills can quickly skyrocket what a normal price range would be. Hawaii’s electricity bills can be quite pricey (if not the highest in the nation), and proximity to the beach will also increase housing fees.

The best advice when trying to decide between a condo and a home is to do your research on the Hawaii real estate market forecast 2022 (or the year you wish to move) and to plan your best deals and investments in Hawaii real estate.

The Hawaii real estate market and buying a home or property in Hawaii are not always as simple as it may seem. Oceanfront property in Kauai and the neighboring islands can be quite expensive, condo association or not.

Investing in a home can be a good thing, as Hawaii is reputed for low sales tax and high culture experiences, so go ahead: whether a condo community or your own home in paradise, investing in Hawaii real estate is never a poor decision.

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What’s it like to grow up in Hawaii? Pretty fabulous we think, and many of the keiki here don’t even realize just how lucky they are, as they get to spend a far greater majority of their time outside than their fellow youngsters on the mainland. Sweeping seascapes and sandy beaches, plus easy access to nature, tropical plants, and curious wildlife, life in Hawaii is endless discovery and adventure.

LEARN

The Polynesian cultural heritage and melting pot of Asian and mainland descendants make Hawaii an especially interesting place to call home, as your child will experience rich cultural experiences and has easy access to various cultures and ways of life, as well as traditional customs, without ever leaving the islands. Many private and public schools in Hawaii incorporate cultural experiences and traditions into their curriculum. Culture is celebrated through education, and children learn about Hawaiian cultural heritage, in addition to a traditional American syllabi. Check out the Hawaiian Department of Education in your residential area to scope out the best schools, and depending on the Hawaii real estate market, you may consider the local school district or private school commute options before buying property in Hawaii. You can check our Private School Review for more detailed info on the best private schools in the neighborhood.

PLAY

Life is a beach in Hawaii! The islands’ breathtaking beaches and parks make nature a natural playground for keiki. Children who grow up in Hawaii are exposed to water at an early age and have access to swimming and surfing lessons before the fear that comes with adulthood kicks in. This access to sun and sand also presents an excellent educational opportunity for parents to teach their children to respect and protect nature from an early age. A beach is never far away here!

Carnivals (such as Punahou’s famous annual carnival in Honolulu) provide entertainment equivalent to a mainland amusement park. Aulani Disney resort on the west side of the island is a great place to take your children for a staycation and Disneyland experience on Oahu, while Sea Life Park offers a Sea World-like excursion on-island.

Hiking trails, banana and pineapple plantations get keiki in touch with mana (the earth), while water sports and waterfalls invite them to experience kai (the sea). Helicopter rides cover air, while luau ceremonies provide fire: your children will have access to all the natural elements in Hawaii!

CULTURE

If you live on Oahu in Honolulu, you can also offer your children an urban cosmopolitan experience with easy access to cinemas, theaters, cinemas, museums, even ballet and opera. Dance studios and extracurricular activities abound, and Honolulu’s city life offers very safe urban living experiences for children, with 348,000 residents living in the capitol. Playgrounds, pools, tennis courts, recreation clubs, and other condo amenities abound: what Hawaii real estate dreams are made of. Kids’ life can certainly be quite active on the urban community condo deck–or you can bring culture to them with an afternoon outing to Kualoa Ranch or the Polyneisan Cultural Center.

All in all, Hawaii is a wonderful place to live and call home for children–and a great place to grow up. I think any kid would be lucky to call Hawaii home. #luckywelivehawaii

Need help? Consult some of the property management companies in Oahu or Honolulu.

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But it doesn’t have to just be a fantasy, and there there are even some affordable homes in Hawaii, if you know where to look.

While it may seem like a dream or fantasy to some, there are certainly practical things to keep in mind before moving to the islands.

Most importantly is the place, followed by price. You’ll want to find a place you can call home and a community you can feel a part of. For example, if you don’t like windy, rainy weather, the northside of most islands may not be the best fit for you.

The Best Place For Hawaii Real Estate

Place

If you’ve never lived in Hawaii before, moving to the main island of Oahu is probably the best place to start. As the most populated island that’s home to the cosmopolitan city of Honolulu, the most job opportunities and access to mainland comforts can be found here. You’ll, of course, want to do a little research on the Hawaii housing market to see what your options may be. Deciding where to live is essential when trying to map out opportunities for Hawaii real estate or property investment. Also: what island? Oahu is the most populated, but Maui is second, with a more tourism-driven industry and a couple wineries. The Big Island is far more remote, with a very local vibe and less industry, while Kauai is a chicken-covered “Garden Isle” with lush green scenery that feels more remote than some of the more tourism-driven islands, while keeping you in touch with civilization. Unless you’re working for Larry Ellison or a pineapple plantation, moving to Lanai may be a far shot, but never say never!

Price

Ah, “the price of paradise”: It’s no secret that Hawaii real estate isn’t cheap … and Hawaii property tax is also something you can’t shy away from. You may ask: why is housing so expensive in Hawaii? Well, who wouldn’t want to live here? As Hawaii is quite expensive, you’ll need to spend time researching affordable Hawaii housing options. Scope out property management companies on Oahu and in Honolulu before jumping in, as well as consult a Hawaii real estate agent, who can help you find the best options for your budget and price range. For some, renting, while more expensive, may be a good way to start before you delve into a long-term commitment. Housing isn’t the only thing that is more expensive than the mainland: Gas and food can also cause sticker-shock. Consider investing in a Costco membership to buy in bulk and save money on essentials.

Purpose

Most importantly of all, you have to consider your why. Why are you moving to Hawaii? Malihini, the Hawaiian term for newcomers, come and go from the islands to the mainland quite frequently, and thus, have earned a negative reputation for being uber transient and uninvested. Many locals are wary of newcomers. You have to consider that this may affect getting a job, house hunting, and even your potential social circles. If you’re lucky enough to have snagged a fully remote job and want to enjoy the weather, keep in mind that your salary may not go as far on the islands, and that the time difference may pose potential deadline problems, depending on how rigid your working hours are.

Potential

Do you wish to buy or rent? Almost half of Hawaii residents rent, and 600-square-feet spots retail for about 1,000 a month. Keep this in mind, and be prepared to pay up to $3,000 a month for something larger and more homey. Depending on your timeline, and if you want to make a home in the islands, it may be wise to rent when you first arrive, to get a first-hand feel for the neighborhood, before making a longer-term commitment. That said, if you can spare the time, travel to the islands before you move to scope out potential, longer-term dwellings, as well as make sure you are making the right decision before you move. Living in Hawaii is far different than vacating there, so if you have the luxury of testing out the islands for a longer period (and staying in a local neighborhood via Airbnb rather than a hotel), you will have a better feel for the vibe of what it’s actually like to live there. Many first-comers to Oahu start off in Waikiki, because it’s what they know, but being in the heart of touristville can certainly have its cons, if you want to convince the locals that you’re looking for something more long-term.

Partnerships

Networking can be the best way to assure you’re here to stay, as well as connect yourselves with people who are willing to help your Hawaii home and property investment. Pair yourself with a professional Hawaii local realtor who can help you make a wise, informed decision before making the plunge and buying a new place. A home realtor can help on how to buy real estate in Hawaii.

Practicality / Pets & Keiki

Be pragmatic when considering what to bring from the mainland. Storage and shipping can be quite expensive, and while many people do bring their cars over on a boat, this is not necessarily the most cost-friendly option, although many people do save money by shipping their cars.

And of course, you’ll want to keep any kids or critters you have in mind. Lots of children in Hawaii go to private schools, but scope out the reputation of the school district in your potential property area before making the plunge. Sad but true: Some local neighborhoods can be quite dangerous and bully-bound for kids who aren’t local.

As for pets, some species, such as bengal cats, which thrive on the mainland, are prohibited in Hawaii, as they are known to threaten a rare island bird species. Many animals also have to undergo a quarantine period before entering the islands. Be sure you do your research on needed health requirements or possible ways to evade the quarantine period for your furry friend–and if you can bring them in cargo or coach.

Living in Hawaii comes with pros and cons, just like anywhere. But we certainly think that the beautiful scenery and welcoming spirit of aloha outweigh the negatives and make Hawaii a wonderful place to call home. The hashtag #luckywelivehawaii isn’t trending among kamaaina (locals) for nothing.

The post Moving to Hawaii: Here’s Where to Start appeared first on Hawaii.com.

HONOLULU

With easy access to downtown’s business district and Ala Moana shopping mall, you’ll have a pick of several local districts here: Artsy and edgy, and maybe a little dicey by night, Chinatown is a colorful corner bustling with restaurants and local flavor. While Kakaako is the former industrial zone that experienced a proper real estate makeover, transforming into a hip, up-and-coming district with the Salt at Kakaako arts and retail district, filled with hip shopping and local dining … It’s truly the place to be. And we couldn’t think of a more happening place to be for young professionals and families looking to be in the heart of the city, while maintaining a quaint, safe neighborhood vibe. Call it the Brooklyn of Honolulu. Kaimuki is another area to check out, more towards Kahala, a luxury beach-front suburb with oceanfront properties, if you find yourself heading west. Plus, you also have Diamond Head and Waikiki, the more touristy hot spots in your own background. A prime selection of private and public schools abound, and newer developments offer optimal and affordable Hawaii housing options.

HAWAII KAI

Hawaii Kai is on the eastern end of the southern half of the island of Oahu. This residential neighborhood is home to the famous snorkeling spot and nature reserve, Hanauma Bay, which makes the area particularly attractive, if you have kids or love boating, as Hawaii Kai’s marina is another hot spot. Another added features: local famed brewery Kona Brewing Company has a restaurant / locale here, and Costco is certainly not far away either. The Makapuu Lighthouse Trail and surfers’ beach Sandy’s also make this area extremely attractive. This is also known for being one of the safest neighborhoods on the island of Oahu.

KAILUA

If you’re looking for a suburban, small-town America vibe with luxury homes and cerulean blue sea scapes, then Kailua is your spot. Made famous for being Obama’s hometown, most of Kailua is walkable or accessible by bike, and there’s an epitome of eclectic restaurants and shops to keep you entertained. The real estate market may not be the least expensive on the island, but we do feel that this is worth the price. Most residents own their home here, so it gives the district a neighborhood vibe that’s less transient than say some of the neighborhoods of Honolulu. Home to young professionals, retirees, and families, this is a good spot for Hawaii real estate investment. This ultimate beach town is truly a paradise within a paradise, offering upper class lifestyle, and outdoor activities via Kailua Beach and Lanikai Beach (known for the Mokes, two famous bird sanctuary islands). Easily accessible from Honolulu, many residents are happy to make the daily commute downtown to call Kailua home.

KAPOLEI

Kapolei’s western island location has a lot of positive aspects, especially the fact that they have consistent prime beach weather and lots of sunshine. The Leeward side of Oahu’s real estate market has been booming over the past five years, and the promise of Hawaii public transportation via the upcoming rail to Honolulu is making this side of the island extremely attractive to investors and families. The commute to Honolulu from Kapolei is no longer an issue as it may have been. Called Oahu’s thriving “second city,” Kapolei is home to Aulani Disney Resort, a famous marina, Paradise Cove luau, and the Four Seasons hotel. Shopping and dining are prevalent, and the beach scene is a plus, with Electric Beach being prime for snorkeling and dolphin sightings. The Honolulu Department of City Planning predicts 50,000 residences by 2035. Real estate development plans include walking trails and parks, so this community is certainly one you could call home—and this is a prime time for Hawaii real estate investment in Kapolei before prices skyrocket with its rising popularity!

THE NORTH SHORE

Living on the North Shore is a surfer’s dream. Beautiful seascapes, luxury resort Turtle Bay, and Haleiwa, nicknamed “surftown USA,” make this picturesque northern part of the island a beautiful place to call home. It certainly feels more remote—and dare I write more “Hawaii”—than the bustling metropolitan of Honolulu, with ampid nature around and the finest shrimp trucks on the island. The North Shore boasts a dual boho-chic vibe with colorful boutiques and art galleries nestled among coffee shops, quirky food trucks, and luxury properties. From off-beat banana plantations to Shark’s Cove snorkel spot, to numerous hiking and horseback riding trails, and legendary big waves and surf competitions in the summer, the North Shore offers the laid-back luxury many real estate investors dream of. Home to Dole’s Pineapple Plantation and the sets of Blue Crush and Forgetting Sarah Marshall, this community is about an hour north of Oahu (depending on traffic). The lifestyle is certainly casual and ultra homegrown. There are a variety of homes for sale here, including plantation-style, single-family apartments, condos, townhomes, and luxury gated estates with sweeping oceanfront views. Kuilima Estates at Turtle Bay Resort provides the opportunity to live within a resort by investing in one of their beautiful condos.

While our guide may be a good launch pad, please don’t hesitate pairing yourself with a Hawaii real estate professional, who can better assist you in your paradise home buying. Good luck in your Hawaii housing hunt!

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OAHU

Oahu is home to the state capital, Honolulu, and to popular visitor destination Waikiki Beach.

It’s the most developed and populated of all the islands, with some 75 percent of the state’s 1.2 million residents calling the Gathering Place home. The major industries on Oahu are tourism, retail, construction, federal government and state government.

Large corporate employers include The Queen’s Health Systems, Hawaiian Electric Industries, Bank of Hawaii, Verizon Hawaii (telephone service), Kyo-ya Co., First Hawaiian Bank, Theo H. Davies & Co., Outrigger Hotels & Resorts, Hawaiian Airlines Inc. and Aloha Airlines Inc.

Many Oahu residents work in Honolulu. Housing is available near the downtown area, but if suburban living appeals to you (or if you work in an outlying area), consider locating in one of the following districts: Hawaii Kai in southeast Honolulu; Kailua or Kane’ohe on the cooler, windward side of the island; Kapolei or Waikele on the leeward coast; or Mililani in central Oahu.

These areas offer good parks, schools and community networks, good housing, and nearby shopping and hospitals. Mililani was one of the nation’s first planned communities when it began construction in 1968.

• More about Oahu

MAUI

MAUI is less populated and developed than Oahu, but is a popular visitor destination. Major employment sectors are government, retail and the visitor industry. Many people work in the adjoining cities of Kahului and Wailuku, or the resort area of Ka’anapali, and commute from outer areas such as Kihei.

• More about Maui

KAUAI

Kauai is a relatively quiet island, though still a popular visitor destination and a frequent filming location for big-budget movie productions. Major employers include the state government, Wilcox Health Systems, Kauai Veterans Memorial Hospital, Kuhio Medical Center, Gay & Robinson’s Olokele Sugar, and Guava Kai Plantation. Most people live and work in the districts of Hanalei, Lihu’e, Koloa, Wailua or Waimea.

• More about Kauai

BIG ISLAND

The BIG ISLAND of Hawaii is just that — Hawaii’s biggest island. Its 4,028 square miles include rainforests, lava fields, world-famous beaches, and one of the planet’s most active volcanoes. Major employment sectors are agriculture, retail, government and the visitor industry. Many people work in Kailua-Kona (on the leeward side of the island) or Hilo (windward side) and commute from outer areas.

• More about the Big Island

MOLOKAI AND LANAI

Molokai and Lana’i are the smallest of the populated Hawaiian Islands that are open to the public (Ni’ihau, off the coast of Kauai, is populated but closed to visitors). Molokai’s “main street” is in Kaunakakai, and Lana’i’s center of business is located in Lana’i City.
On either island you won’t find rush-hour traffic, crowds, or buildings taller than the swaying palm trees. Main employment sectors are government, agriculture and tourism.

• More about Molokai

• More about Lanai

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