What is the estimated percentage increase in resale value of homes in the Maili area?

Asked by Pbaybe, Honolulu, HI Sun Aug 4, 2013

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Frank Diaz, Agent, Honolulu, HI
Sun Aug 4, 2013
No one can you give you a good estimate for any area given the current market conditions.
Also, Maili is largely affected by resale values in the surrounding areas, including Kapolei (to some extent) Waianae, Nanakuli and Makaha.
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Frank is right, of course, but I can tell you as an investor who has developed, re-habbed, and flipped in the Leeward area (Nanakuli, Maili, Waianae and Makaha) that prices have gone up considerably (10-20%) in selected communities within those markets. Makaha Valley Plantation (condos) and Sea-View estates (SFR/CPR) come to mind. Makaha Surfside (condo) and older home pockets throughout the Leeward side, not so much. Kapolei/Makakilo different demographic, and doing very well.
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