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Mirko Manfredi on Hawaii vs. Mainland Real Estate

Mirko Manfredi discusses how the real estate in Hawaii varies from that on the mainland of the United States. Take a look at what he says!

Moving to Hawaii sounds like a dream come true, and the benefits of life on this island paradise cannot be overstated. However, for those choosing to invest in real estate, there are several marked differences between homes on the mainland and those on the islands. Here are some aspects to consider when shopping for real estate in Hawaii.

Ventilation and insulation

As the Pacific climate is notably balmy at least and stultifying at best, the former is more of a concern than the latter. If there is no air-conditioning unit already in place, factor in the cost of installation before purchasing the home. If, for some reason, this is not a feasible option, at least be certain that the living areas and bedrooms are well-ventilated.

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While there is no pressing need to insulate a home in Hawaii, it is nonetheless important to ensure that the roof is in good condition. Tropical storms are not to be taken lightly, and a leaky roof will turn a living room into a swamp in no time.

Laundry facilities

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Space is at a premium in Hawaii, and as a result, the laundry facilities in most homes tend to be pretty minimal. While washer/dryer combos are common on the mainland, it’s not unusual for Hawaiian homes to forego the dryer completely, relying on the sunny weather to do the job instead.

A longer buying season

As there’s really no such thing as a bad time to move to Hawaii, the market tends to be brisk year-round. Be prepared to move quickly when it comes time to make an offer.

The leasehold factor

The Kamehameha School system is the third-largest landowner in the state of Hawaii, and it rents out a significant portion of that real estate in what is known as a “leasehold” agreement. Purchasers of leasehold property do not actually own the land; they are merely agreeing to rent it for a predetermined amount of time. Be sure to understand the details of the transaction before making a purchase.

Lava zones

While some areas are safer than others, the risk of volcanic activity is not something that many mainland buyers have to consider. Be aware of the risk level for whichever area the home is located in.

About the Author

Mirko Manfredi often found himself working alongside his father throughout his childhood. His father who was a contractor often took Mirko on jobs. As the oldest of 4 sons, Mirko was able to work on a variety of different projects with his father, which oftentimes was construction based. Mirko watched his father buy properties, fix them up and sell them for a profit. During these transactions, Mirko Manfredi was introduced to the real estate agents, which is what initially sparked his future career path.

Today, Mirko Manfredi is a recognized real estate agent of Hawaii, who offers clients a knowledgeable and insightful approach to the home buying and home selling process. With years of experience in the industry, and an unparalleled understanding of the region, Mirko Manfredi has garnered much recognition in the field. With Mirko’s background and unflappable commitment to his client’s, he makes the home buying and selling process a breeze. Mirko understands the significance in buying a new home and thus prides himself on unwavering guidance throughout the whole process.

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