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Affordable Condo Options in Makiki Offer Convenient Access to UH Manoa Campus

Posted by benjamen.harper@gmail.com on November 3, 2024

Affordable condos in Makiki near UH Manoa

1310 Pensacola St

Affordable condos in Makiki near UH ManoaImage

Quick Facts

• Makiki is a neighborhood in Honolulu, USA within Hawaii that has been experiencing gentrification and growth.
• The area is situated near University of Hawaii at Manoa University, which contributes to an influx of renters and students.
• Affordable condos in Makiki can be a good option for individuals or families on a budget due to rising housing costs.
• The average cost of condos in Makiki varies depending on factors like proximity to amenities, size, and condition, but typically ranges from $800,000 to $1.5 million.
• The condos in Makiki are intended for long-term rentals, rather than short-term rentals like hotels or vacation rentals.
• Due to labor laws and budget constraints, salaries in urban areas tend to be lower compared to surrounding suburban areas.
• Suburbs like Kaliuluas offer zoning and building standards that limit population density, providing affordability for the area.
• The demand for upscale rentals and short-term vacation rentals creates demand for lower-priced condo options in Makiki.
• In recent years, Makiki has seen the development of new condos and rentals to satisfy increased demand for housing.
• However, with increasing costs, providing affordable rental options is an ongoing challenge for real estate developers in Makiki.
• There are various methods of creating affordable housing in Makiki, including owner-occupied construction and rental housing projects with supportive subsidies and initiatives.

Quick Facts
Affordable Condos in Makiki near University of Hawaii-Manoa: A Luxury Real Estate Experience
Understanding Condominium Trends in Makiki
Luxury Condominium Options near University of Hawaii-Manoa
Buying Tips for Affordable Condos in Makiki
Family-Friendly Condos in Makiki: Quality of Life
Location Insights: How Makiki Fits in
Frequently Asked Questions:
Resources & Links
For Buyers & Sellers

Affordable Condos in Makiki near University of Hawaii-Manoa: A Luxury Real Estate Experience

| **Community Name** | **Year Established** | **Average Price Range** |
| — | — | — |
| Makaha Condominiums | 1978 | $600,000 – $1,200,000 |
| Makiki Cove | 1965 | $800,000 – $1,500,000 |
| University Hills | 1958 | $1,200,000 – $2,500,000 |

—

Frequently Asked Questions:

**Q: What is the average price range for condos in Makiki near UH Manoa?**
A: The average price range for condos in Makiki near UH Manoa is between $250,000 to $500,000.

**Q: What are the benefits of living in Makiki near UH Manoa?**
A: Living in Makiki near UH Manoa offers convenience to the university, easy access to public transportation, and a variety of amenities such as restaurants, shops, and recreational facilities.

**Q: What types of amenities can I expect in an affordable condo in Makiki near UH Manoa?**
A: Affordable condos in Makiki near UH Manoa often feature amenities such as swimming pools, fitness centers, bbq areas, and secure parking.

**Q: Are there any pet-friendly condos in Makiki near UH Manoa?**
A: Yes, many condos in Makiki near UH Manoa are pet-friendly, but it’s best to check with the specific building’s pet policy before renting or buying.

**Q: How close are condos in Makiki to the University of Hawaii at Manoa campus?**
A: Many condos in Makiki are within walking distance to the UH Manoa campus, with some buildings located just a block or two away.

**Q: Are there any new developments or newly renovated condos in Makiki near UH Manoa?**
A: Yes, there are several new developments and newly renovated condos in Makiki near UH Manoa, offering modern amenities and updated features.

**Q: Can I rent a condo in Makiki near UH Manoa instead of buying?**
A: Yes, there are many condos in Makiki near UH Manoa available for rent, ranging from short-term to long-term leases.

**Q: Are there any condos in Makiki near UH Manoa that offer furnished units?**
A: Yes, some condos in Makiki near UH Manoa offer furnished units, which can be a convenient option for students or short-term renters.

**Q: How can I find affordable condos in Makiki near UH Manoa?**
A: You can find affordable condos in Makiki near UH Manoa by working with a real estate agent who is familiar with the area, or by searching online for listings and contacting the building’s management or owners directly.

Resources & Links

Realtor.com: Affordable Condos in Makiki
Zillow: Affordable Condos in Makiki
HawaiiLife: Condos for Sale in Makiki
Redfin: Homes for Sale in Makiki
Homes.com: Rental Condos in Makiki

For Buyers & Sellers

**Affordable Condos in Makiki near UH Manoa: A Boon for Home Buyers and Sellers**

As a residential area near the prestigious University of Hawaii at Manoa (UH Manoa), Makiki has become a sought-after destination for home buyers and sellers alike. The availability of affordable condos in this neighborhood has significantly impacted the local real estate market, offering a unique opportunity for buyers to secure a home in a prime location while presenting sellers with a competitive edge.

**Impact on Home Buyers:**

1. **Affordability**: Affordable condos in Makiki offer buyers an entry-point into the neighborhood, making homeownership more accessible to a wider range of people, including students, young professionals, and families.
2. **Convenience**: Proximity to UH Manoa, public transportation, and amenities like shops, restaurants, and parks makes Makiki an attractive choice for those seeking a convenient and walkable lifestyle.
3. **Investment potential**: With the university nearby, condos in Makiki have a high rental potential, attracting buyers who want to invest in a property that can generate income.

**Impact on Home Sellers:**

1. **Increased demand**: The demand for affordable condos in Makiki is high, making it easier for sellers to find buyers and sell their properties quickly.
2. **Competitive edge**: Sellers who offer affordable condos in Makiki can differentiate themselves from other sellers in the area, attracting more buyers and securing better sale prices.
3. **Renting options**: Sellers who choose to rent out their condos can take advantage of the high rental demand, generating a steady income stream.

**Challenges and Considerations:**

1. **Competition**: The popularity of Makiki has led to increased competition among buyers and sellers, making it essential for both parties to be informed and prepared.
2. **Property prices**: While condos in Makiki can be affordable, prices may fluctuate based on factors like location, age, and condition of the property.
3. **Regulations and zoning**: Buyers and sellers should be aware of local regulations and zoning laws that may affect property values or rental potential.