what is your opinion on the pricing for 1429 laamia st. it seems like a nice house, but very overpriced.

Hihomebuyer
Home Buyer
Honolulu, HI

Answers (3)
June Mellor
Agent
Kailua, HI

Aloha Hihomebuyer,

That is a good observation, especially since the 15 homes that sold in the Waiale Iki neighborhood within the past 6 months have all sold below the $2 million price mark. Of the 15 homes that sold in the neighborhood, 3 of were also 5 bedroom homes that range in size from 3,176 square feet to 4,075 square feet.

Please feel free to contact me if you have any additional questions about this home or any other home for sale.

Have a great day.

Wed Jul 1 2009, 14:29
Orin Sherman
Agent
Honolulu County, HI

Today it is overpriced, which is why you said that and for over 100 days people have been saying that.

Now if you want the property, make an offer and begin negotiations. If you need the "Big Kahuna" to help out, then drop me a line but I'm not selling my services, just answering honestly. Make an offer and go from there, if you like the place.

Wed Jul 1 2009, 02:52
Monique C. Ting...
Agent
Honolulu County, HI
FIRST ANSWER

Aloha,
You might be right in thinking the home is overpriced, but until you actually see the property, it is hard to confirm or deny that.
The property is in a very desirable location & seems to have undergone extensive renovation using high end materials. In this kind of market however, the owners might have a hard time getting anyone seriously interested in putting in an offer at or near what they are asking, because of the limited number of buyers looking in that price range. This property is for the high end buyers .
As we all know, market value is not really the dollar amount that a property is truly worth ( such as construction or replacement cost) , but more what a ready & able buyer is willing to pay!

Web Reference: http://MoniqueHawai.com
Sat Jun 6 2009, 18:13

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