“Shoulda, Woulda, Coulda”- a bitter dish usually served right alongside regret. During the last Real Estate boom, did you find yourself uttering the same? You are not alone.
In the state of Hawaii, we continue to see heightened buyer demand as many beach combers are paddling into the Hawaii real estate surf, hoping to catch the next wave before the sharks swim in. Right now the inventory is priced to sell, but not priced to steal. While bargains might be available if you are working with the right real estate agent, the bottom barrel deals have been washed out and a new tide is bringing in a swell of higher list prices.
In Hawaii, real estate values are in a league of their own as many compensating factors go into determining the price a buyer is willing to pay for a slice of paradise. With developable land extremely limited on Kauai, (all islands for that matter), land values fetch and hold a premium. Some investors look to Hawaii Real Estate as a possible income producing venture via vacation rental potential. Then there are the lifestyle junkies such as me, who will do nearly anything for the sheer pleasure of living and breathing Kauai every day of their lives.
Determining Hawaii real estate values is not an exact science, but rather an art, best left to the most knowledgeable real estate agents who understand the particulars of Hawaii Real Estate ownership. For more information or a list of available properties, contact our expert ohana of Hawaii Real Estate agents at Bali Hai Realty, Inc. Maybe with this wave, “Shoulda, Woulda, Coulda” will become “Did it… and Lovin’ it.”