Discover the Perfect Blend of Affordability and Luxury in Oahu Townhomes for Sale Under 700k: A Homebuyer’s Dream Come True
oahu townhomes for sale under $700k
Quick Facts
- Oahu townhomes for sale under $700k are mostly found in neighborhoods like Waipahu, Ewa Beach, and Kapolei.
- The average price per square foot for Oahu townhomes under $700k is around $500-$600.
- Many townhomes in this price range offer 2-3 bedrooms and 1-2 bathrooms.
- Some popular townhome communities under $700k include Ewa Gentry, Ocean Pointe, and Hoakalei.
- Oahu townhomes for sale under $700k often feature amenities like pools, gyms, and community parks.
- Townhomes in this price range may have interior spaces ranging from 800 to 1,500 square feet.
- Some townhomes under $700k offer ocean views, while others may have mountain or city views.
- The monthly maintenance fees for Oahu townhomes under $700k can range from $200 to $500.
- Many townhomes in this price range are pet-friendly, with some restrictions on breed and size.
- Oahu townhomes for sale under $700k can be found in both older and newer developments, with some properties dating back to the 1970s and others built within the last 10 years.
Table of Contents
- Oahu Townhomes for Sale Under $700k: A Affordable Luxury
- Benefits of Buying a Townhome in Oahu
- Popular Neighborhoods for Oahu Townhomes Under $700k
- Best Oahu Townhomes for Sale Under $700k
- Tips for Buying an Oahu Townhome Under $700k
- Frequently Asked Questions
- Resources and Links
Oahu Townhomes for Sale Under $700k: A Affordable Luxury
Oahu, the third largest island in Hawaii, is known for its beautiful beaches, lush greenery, and vibrant city life. The island attracts millions of tourists every year, making it an ideal location for investing in a townhome. However, the cost of living in Oahu can be overwhelming, especially for first-time homebuyers. If you’re looking for affordable luxury, Oahu townhomes for sale under $700k can be a great option.
Benefits of Buying a Townhome in Oahu
Convenience
One of the significant advantages of buying a townhome in Oahu is its convenience. Townhomes are usually located in gated communities, providing an added layer of security and peace of mind. You’ll also be surrounded by like-minded individuals, making it easy to form a community.
Affordability
Oahu townhomes for sale under $700k are an affordable option for those looking for luxury without breaking the bank. With prices starting from $500k, you can own a piece of Oahu real estate without sacrificing your lifestyle.
Popular Neighborhoods for Oahu Townhomes Under $700k
Pearl City
Pearl City is a popular neighborhood for townhomes in Oahu. Known for its affordable prices, the neighborhood offers a mix of old and new townhomes, ranging from $400k to $600k.
| Neighborhood | Median Price |
|---|---|
| Pearl City | $520k |
| Waipahu | $480k |
| Ewa Beach | $420k |
Waipahu
Waipahu is another popular neighborhood for Oahu townhomes under $700k. The neighborhood offers a range of townhomes, from studios to three-bedroom units, starting from $380k.
Best Oahu Townhomes for Sale Under $700k
Ho’okalani
Ho’okalani is a luxurious townhome community in Pearl City. Offering three-bedroom units starting from $599k, Ho’okalani provides top-notch amenities, including a pool, gym, and park. Discover More About Ho’okalani
Ka Makana
Ka Makana is a popular townhome community in Waipahu. Offering three-bedroom units starting from $519k, Ka Makana offers a pool, BBQ area, and a pet-friendly community. Explore Ka Makana
Tips for Buying an Oahu Townhome Under $700k
Research, Research, Research
Researching the Oahu real estate market is crucial before making a purchase. Look for neighborhoods that fit your budget and lifestyle.
Work with a Local Realtor
Working with a licensed realtor in Oahu can help you navigate the buying process. Contact Hawaii Elite Real Estate today
Frequently Asked Questions
- Q: What are the most popular neighborhoods for townhomes under $700k on Oahu?
A: Some of the most popular neighborhoods for townhomes under $700k on Oahu include Kakaako, Kapolei, Pearl City, Manoa, and Pearlridge. - Q: What is the average price range for a townhome in these neighborhoods?
A: The average price range for a townhome in these neighborhoods is between $500,000 to $700,000. However, prices can vary depending on factors such as location, size, and amenities. - Q: What kind of amenities can I expect to find in townhomes under $700k on Oahu?
A: Townhomes under $700k on Oahu can offer a range of amenities, including community pools, fitness centers, recreation rooms, and outdoor spaces. Some may also feature high-end finishes, such as stainless steel appliances and granite countertops. - Q: Are there any townhomes with ocean views available under $700k?
A: Yes, some townhomes under $700k may offer ocean views, depending on the location. For example, townhomes in Kakaako and Honolulu neighborhoods like Manoa and Waikiki may have ocean views. - Q: Can I find townhomes with a garage under $700k?
A: Yes, many townhomes under $700k on Oahu come with a garage or assigned parking. However, availability may vary depending on the complex and location. - Q: Are there any new construction townhomes available under $700k?
A: Yes, there are several new construction townhome projects on Oahu that offer units under $700k. These projects often feature modern designs, energy-efficient appliances, and community amenities. - Q: Can I finance a townhome under $700k with a loan?
A: Yes, financing options are available for townhomes under $700k. Some popular options include FHA loans, VA loans, and conventional loans. However, it’s recommended to consult with a lender to determine the best loan option for your individual situation. - Q: Are there any townhomes available under $700k with a yard or outdoor space?
A: Yes, some townhomes under $700k on Oahu may feature a yard or outdoor space. These can range in size and may include features such as tropical landscaping, patio areas, or shared courtyards. - Q: Can I rent out my townhome as an investment property?
A: Yes, many townhomes under $700k on Oahu are eligible for short-term vacation rentals or long-term rentals. However, it’s essential to check with the property management company and local regulations to ensure compliance. - Q: Are there any townhomes available under $700k with solar panels or energy-efficient features?
A: Yes, some townhome projects on Oahu may offer energy-efficient features such as solar panels, tankless water heaters, or eco-friendly appliances. These features can help reduce your utility bills and increase your home’s value.
Resources and Links
- Realtor.com: Oahu Townhomes Under $700k
- Zillow: Oahu Townhomes Under $700k
- Redfin: Oahu Housing Market
- Local Move: Oahu Homes for Sale
- Hawaii Life: Oahu Townhomes
Oahu Townhome Market Update: A Double-Edged Sword for Home Buyers and Sellers
As a buyer and seller on the island of Oahu, I’ll provide a personal summary of the dynamic Oahu townhome market, where prices below $700k are in high demand. The Oahu townhome market, particularly those under $700k, has significant implications for both home buyers and sellers.
Buyer’s Perspective: A Dream Come True
For Oahu home buyers, finding a townhome under $700k can be an exciting experience. With the island’s rising housing costs, securing a decent property within their budget has become a significant challenge. Townhomes in this price range often offer an attractive solution, providing a comfortable and secure living space without breaking the bank. These buyers may benefit from:
- Affordability: Townhomes under $700k provide an entry point into the Oahu housing market, making homeownership more accessible.
- Proximity: Location is a significant factor in Oahu’s real estate market. Buyers can find townhomes in desirable neighborhoods, close to amenities, beaches, and job centers.
- Resale potential: Oahu townhomes under $700k maintain a relatively stable resale value, ensuring buyers can sell their property for a decent price in the future.
However, as a buyer, I must contend with:
- Competition: The Oahu townhome market is competitive, with multiple buyers vying for properties in this price range.
- Limited inventory: As prices under $700k are hard to come by, inventory is often limited, making it challenging to find the perfect property.
Seller’s Perspective: A Delicate Balance
Oahu townhome sellers face a unique challenge in the under-$700k market. While they may attract more buyers due to the favorable price point, they must be aware of:
- Pricing pressure: To stay competitive, sellers may need to lower their asking price, which can impact their profit margin.
- Limited equity: Townhomes under $700k may have restricted equity due to their relatively affordable price, making it challenging to upgrade or relocate to a more expensive area.
- Inspections and offers: Buyers may scrutinize these properties more closely due to the lower price point, which can lead to longer negotiations and inspections.
However, Oahu townhome sellers can capitalize on:
- Rapid sales: Townhomes under $700k tend to move quickly due to their affordability and the competitive nature of the market.
- Multiple offers: The desire for affordable properties can lead to multiple offers, giving sellers leverage to negotiate the best terms.
